Brightstar Lottery PLC

Good day and thank you for standing by. Welcome to International Game Technology Q421 earnings 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. To ask a question during the session, you will need to press star 1 on your telephone. If you require any further assistance, please press star 0. I would now like to hand the conference over to your first speaker today. James Hurley, Senior Vice President, Investor Relations. Sir, please go ahead.

Thank you, and thank you all for joining us on IGT's fourth quarter and full year 21 conference call. It's hosted by Mark Osala, Executive Chair, Vince Sadusky, Chief Executive Officer, and Max Chiara, our Chief Financial Officer. After some prepared remarks from the team, Vince and Max will be available for your questions. We are presenting from multiple locations, so please bear with us if we encounter some technical difficulties. During today's call, we will be making some forward-looking statements within the meanings of the federal securities laws. Forward-looking statements are not guarantees, and our actual results may differ materially from those expressed or implied in the forward-looking statements based on a number of factors and uncertainties, including those related to the effects of the COVID-19 pandemic. The principal risks and uncertainties that could cause our results to differ materially from our current expectations are detailed in our latest earnings release and in our SEC filings. During this call, we may discuss certain non-GAAP financial measures. In our press release, the slides accompanying this webcast, and our filings with the SEC, each of which is posted on our investor relations website, you'll find additional disclosures regarding these non-GAAP measures including reconciliations of these measures with comparable gap measures. And now I'll turn the call over to Marco Sala.

Thank you, Jim, and hello to everybody. Earlier this morning, we issued the 2021 financial results that reflect our strongest revenue, profit, and cash flow performance in the last four years. We met and in many instances exceeded the financial targets we set for the year. We also made important progress on several strategic objectives and re-initiated returning capital to shareholders. As we enter 2022, the company is in a very strong place with a solid financial condition and a strong foundation to build on. Sorry. We recently made some leadership changes that best positioned the company to realize its long-term growth initiatives and create significant shareholder value. I have moved into a new role as Executive Chair of IGT, and Vince Saduschi was named the company's new CEO. In June, I will be proposed as the next CEO of the Agostini, IGT's majority shareholder. As you can imagine, I've been in parallel discussions regarding the leadership evolution at IGT and Agostini for some time. This was happening while we were managing through the pandemic and making important progress on sharpening IGT's strategic focus and growth objectives. We outlined a new long-range plan at our investor day, and the time is right for a strong leader to deliver on it. We are very fortunate to have Vince, a seasoned C-suite executive and longtime IGT board member, to be IGT's CEO. I have enjoyed working with him over the last seven years, and as every confidence, he is the right person at the right time to lead the company in an exciting era of growth. He has an impressive track record of creating shareholder value. Obviously, I'm not leaving IGT. I will remain engaged as Executive Chair, working with Vince on IGT's strategic direction, serving as a resource on customers and regulatory matters, and focusing on corporate governance. Vince will be responsible for establishing the company's priorities, managing day-to-day operations, and delivering on strategic and financial goals. Before I turn the call over to Vince, I would like to say that I greatly appreciated getting to know you over the years. We always enjoyed a constructive dialogue, and I have valued your support of the company. Thank you for that, and now to Vince.