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2/22/2024
Good afternoon and welcome to Indy Semiconductor's fourth quarter and year-end 2023 earnings conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference call is being recorded. I will now turn the call over to Ashish Gupta, Investor Relations. Mr. Gupta, please go ahead.
Thank you, operator. Good afternoon and welcome to Indy Semiconductor's fourth quarter and year-end 2023 earnings call. Joining me today are Donald McClimat, Indy's co-founder and CEO, and Tom Schiller, Indy's CFO and EVP of Strategy. Donald will provide opening remarks and discuss business highlights, followed by Tom's review of Q4 and Indy's outlook. Please note that we'll be making forward-looking statements based on current expectations and assumptions, which are subject to risks and uncertainties. These statements reflect our views only as of today and should not be relied upon as representative about views as of any subsequent date. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from expectations. For material risks and other important factors that could affect our financial results, please review our risk factors in our annual report on Form 10-K for the fiscal year ended December 31, 2022, as well as other public reports with the SEC. Finally, the results and guidance discussed today are based on non-GAAP financial measures, such as non-GAAP gross margin, non-GAAP operating income loss, non-GAAP net income loss, and non-GAAP EBITDA. These metrics may exclude corresponding GAAP measures, certain of the following items. depreciation and amortization, share-based compensation, acquisition-related expenses, inventory cost realignments, gain or loss from change in fair values, non-cash interest expense, and income tax benefits or expenses. For a complete reconciliation to GAAP and the definition for the above items, please see our Q4 earnings press release, which was issued in advance of this call and can be found on our website at www.indysemi.com. I'll now turn the call over to Donald.
Thank you, Ashish, and welcome, everybody.
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