5/7/2026

speaker
Operator
Conference Call Operator

Good afternoon and welcome to the Indian Semiconductors first quarter 2026 earnings call. Currently, all participants are in the 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.

speaker
Cody Acree
Analyst, Benchmark StoneX

Thank you, operator. Good afternoon.

speaker
Ashish Gupta
Investor Relations

Welcome to Indy's first quarter 2026 earnings call. Joining me today are Dal McClimat, Indy's CEO and co-founder, Naishi Wu, Indy's CFO, and Mark Tindall, EVP of Corporate Development and Investor Relations. Dal will provide opening remarks and discuss business highlights. Naishi will then provide a review of Indy's Q1 results and business 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 of 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. Material risks and other important factors that can affect our financial results, please review our risk factors in our annual report on Form 10-K for the fiscal year ended December 31, 2025, as supplemented by our quarterly reports on Form 10-Q, as well as other public reports filed with the SEC. Finally, the results and guidance discussed today are based on consolidated non-financial GAAP measures such as non-GAAP operating loss, non-GAAP net loss, and non-GAAP net loss per share. For complete reconciliation to GAAP and the definition of the non-GAAP reconciling items, please see our Q1 earnings press release in addition to a presentation summarizing our quarterly results and more details on non-GAAP measures as posted on our website in advance of this call at www.indeed.inc.

Disclaimer

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Investor presentation