Comtech Telecommunications Corp.

Welcome to ComTech's Fiscal Q1 2023 Earnings Conference Call. As a reminder, this conference is being recorded Thursday, December 8, 2022. I would now like to turn the conference over to Mr. Robert Samuels of ComTech. Please go ahead, sir.

Good afternoon, everyone, and thanks for taking the time to dial in today. I'm Rob Samuels, ComTech's Head of Investor Relations. Welcome to ComTech Telecommunication Corps' conference call for the first quarter of fiscal year 2023. Today, I'm here with ComTech Chairman, President, and CEO, Ken Peterman. We're also joined by Mike Bondi, our CFO, and we'll also be hearing from Maria Hedden, our Chief Operating Officer. Before we get started today, I'll also say that both myself and Ken are always available to answer questions our investors may have. So please get in touch if you want to organize a meeting to talk about the company, our results, or our strategy. We also have a detailed discussion of the quarter in our shareholder letter available on our website. And we have also been working to communicate directly about our business and our market between quarters in our blog, Contact Signals. Finally, let me remind you of the company's safe harbor language. Certain information presented in this call will include but not be limited to information relating to the future performance and financial condition of the company, the company's plans, objectives, and business outlook, and the plans, objectives, and business outlook of the company's management. The company's assumptions regarding such performance, business outlook, and plans are forward-looking in nature and involve significant risks and uncertainties. Actor results could differ materially from such forward-looking information. Any forward-looking statements are qualified in their entirety by cautionary statements contained in the company's Securities and Exchange Commission filings. Now I'm pleased to introduce the President and Chief Executive Officer of ComTech, Ken Peterman. Ken?

Hello, everyone, and thanks again for taking the time to dial in today. As you all know, this is still early days in my tenure as CEO and early in the journey for everyone at ComTech as we move to fundamentally transform our business. That said, as we head into a new calendar year and close the books on our first quarter of fiscal 2023, I could not be more pleased with the progress we're making and the opportunities ahead. One thing that I was consistent and clear about from day one in my conversations with everyone from my leadership team, our employees, and our investors was that ComTech needed to move faster than ever before. Our end markets are changing in real time. Our customers' needs are constantly evolving. and new technologies mean that we can offer creative solutions to solve their problems if we as an organization commit to working together as one ComTech. This means sharing our collective expertise, our insights, and abilities to improve everything from our operations to our products and our culture. It's early in the process, but the one ComTech journey is underway and working. I see it every day in our people, and it's also being reflected in our financial performance. In addition to a quarter over quarter increase in consolidated net sales representing the fourth straight quarter of top line sequential growth for ComTech, our bookings of 181 million foreshadows the increasing customer value we are creating as one ComTech. I should also point out that this performance was delivered even as we reorganized our business, continued to restructure our senior leadership team across multiple functions with key appointments, and continue to make changes to improve the functional machinery of our organization. I want to talk a little more about what we've accomplished and what you can expect from us going forward, and I want you to hear directly from our COO, Maria Hedden, as she's in the trenches streamlining and improving our processes so that everything we do at ComTech, we do better, faster, and more efficiently. Before that, I do want to turn the call over to Mike Bondy, our CFO, so he can walk you through our financial performance for the quarter. Mike?