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Tigo Energy, Inc.
5/14/2024
Good afternoon. Welcome to Tygo Energy's fiscal first quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. Joining us today from Tygo are Zvi Alon, CEO, and Bill Rushline, CFO. As a reminder, this call is being recorded. I would now like to turn the call over to Bill Rushline, Chief Financial Officer.
Thank you, operator.
We'd like to remind everyone that some of the matters we'll discuss on this call, including our expected business outlook and ability to reach cash flow breakeven, adjusted EBITDA breakeven, and long-term growth prospects, expectations regarding a recovery in our industry, statements about current and future inventory levels and their impact on future financial results, inventory, supply, and its impact on our customer shipments and our revenue, and adjusted EBITDA for the fiscal second quarter 2024. Our ability to penetrate new markets and expand our market share, including expansion in international markets, investments in our product portfolio are forward-looking, and as such are subject to known and unknown risks and uncertainties, including but not limited to those factors described in today's press release and discussed in the risk factors section of our annual report on Form 10-K for the fiscal year ended December 31, 2023, and other reports we may file with the SEC from time to time. These risks and uncertainties could cause actual results to differ materially from those expressed on this call. These forward-looking statements are made only as of the date when made. During our call today, we will reference certain non-GAAP financial measures. We include non-GAAP to GAAP reconciliations in our press release, furnished as an exhibit to our Form 8K. The non-GAAP financial measures provided should not be considered a substitute for or superior to the measures of financial performance prepared in accordance with GAF. Finally, I would like to remind everyone that this conference call is being webcast, and a recording will be made available for replay on Tygo's investor relations website at investors.tygoenergy.com. I would like to now turn the call over to Tygo CEO, Zvi Elan. Zvi?
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