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Arrow Electronics, Inc.
5/4/2023
Hello and thank you for standing by. My name is Regina and I will be your conference operator today. At this time, I would like to welcome everyone to the Arrow Electronics first quarter 2023 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star then the number one on your telephone keypad. To withdraw your question, press star 1 again. I would now like to turn the conference over to Raj Agrawal, Senior Vice President and Chief Financial Officer. Please go ahead.
Thank you, operator, and hello, everyone. Many of you have gotten to know our Chief Accounting Officer, Rick Seidlitz, over the last few quarters as he provided interim IR support. I want to thank Rick for his leadership in helping the company navigate the transition. With that, I'm pleased to introduce our new vice president of investor relations, Anthony Bencivenga. Anthony joined Arrow in February, having most recently served as head of investor relations for a semiconductor equipment company. In addition to a background in finance and investor relations, Anthony has an engineering background as well. We're excited to have Anthony on board, and I'll turn it over to him to get us started today.
Thank you, Raj. I'm excited to be on board. I'd like to welcome everyone to the Arrow Electronics first quarter 2023 earnings conference call. In addition to Raj, joining us today is our president and chief executive officer, Sean Cairns. During this call, we'll make forward-looking statements, including statements about our business outlook, strategies, and future financial results, which are based on our predictions and expectations as of today. Our actual results could differ materially due to a number of risks and uncertainties, including the risk factors described in our most recent 10K and 10Q filings with the SEC. We undertake no obligation to update publicly or revise any of the forward-looking statements as a result of new information or future events. As a reminder, some of the figures we will discuss on today's call are non-GAAP measures, which are not intended to be a substitute for GAAP results. We've reconciled these non-GAAP measures to the most direct comparable GAAP financial measures in this quarter's associated earnings release for Form 10-Q. You can access our earnings release at investor.arrow.com, along with the CFO commentary, the non-GAAP earnings reconciliation, and a replay of this call. Following our prepared remarks today, we'll be available to take your questions, and I will now hand the call over to our President and CEO, Sean Cairns.
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