NETGEAR, Inc.

All participants are in a listen-only mode. Later, we will conduct a question and answer session. At that time, if you have a question, you will need to press star one on your push button phone. I would now like to turn the conference over to Eric Bilen. Please go ahead, sir.

Thank you, Eric. Good afternoon and welcome to Netgear's fourth quarter and full year 2023 financial results conference call. Joining us from the company are Mr. CJ Probert, CEO, Mr. Brian Murray, CFO, and Mr. David Henry, President and General Manager of Connected Home Products and Services. The format of the call will start with an overview of the company's recent leadership transition provided by Brian, followed by an introduction by CJ, and finish with a review of the financials for the fourth quarter and full year, commentary on the business, and first quarter of 2024 guidance provided by Brian. We'll then have time for any questions. If you've not received a copy of today's release, please visit Netgear's investor relations website at www.netgear.com. Before we begin the formal remarks, we advise you that today's conference call contains forward-looking statements. Forward-looking statements include statements regarding expected revenue, operating margins, tax expense, expenses, and future business outlooks. Actual results or trends could differ materially from those contemplated by these forward-looking statements. For more information, please refer to the risk factors discussed in NETGEAR's periodic filings with the SEC, including the most recent form 10-Q. Any forward-looking statements we make on this call are based on assumptions as of today, and NETGEAR undertakes no obligation to update these statements as a result of new information or future events. In addition, several non-GAAP financial measures will be mentioned on this call. A reconciliation of the non-GAAP to GAAP measures can be found in today's press release on our Investor Relations website. At this time, I would now like to turn the call over to Mr. Brian Murray.

Thank you, Eric, and thank you, everyone, for joining today's call. As we announced last week, after nearly three decades at the helm, Patrick Lowe has chosen to retire from his roles as CEO and Chairman at Netgear. Patrick will serve as a strategic advisor through July of this year to ensure a smooth transition. While Patrick will certainly be missed, we are very excited to see him embark on his next chapter in life. After a thorough search over the past year to identify a successor to Patrick, the Board appointed CJ as Netgear CEO. CJ has a background that is uniquely suited to lead Netgear into our next chapter. And then if your board and management team are excited to work with CJ as we capitalize on the great opportunity in front of us. With that, I would like to personally welcome CJ and give him the stage to introduce himself prior to getting into the Q4 results.