Calix, Inc

Greetings and welcome to the Calix fourth quarter 2020 earnings call. At this time, all participants are in a listen-only mode. The question and answer session will follow the formal presentation. If any of you require operator assistance during the conference, please press star zero on your telephone keypad.

As a reminder, this conference is being recorded. It is now my pleasure to introduce Tom Dinges, Director of Investor Relations. Thank you. You may begin. Thank you, operator. And good morning, everyone. Thank you for joining our fourth quarter 2020 earnings call. Today on the call, we have CEO Carl Russo, Chief Financial Officer Corey Sindelar, and President and Chief Operating Officer Michael Weaning. As a reminder, yesterday after the close of market, we released our letter to stockholders in an 8K filing, as well as on the investor relations section of the Calix website. This conference call will be made available for audio replay in the investor relations section of the Calix website. Before I turn the call over to Carl and Corey for their brief opening remarks, I want to remind you that in this call we refer to forward-looking statements, which include all statements we make about our future financial and operating performance, growth strategy, and market outlook, and actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause actual results and trends to differ materially are set forth in our fourth quarter 2020 letter to stockholders and in our annual and quarterly reports filed with the SEC. Calix assumes no obligation to update any forward-looking statements, which speak only as of their respective dates. Also on this conference call, we will discuss both GAAP and non-GAAP financial measures. Reconciliation of GAAP to non-GAAP measures is included in our letter to stockholders. Unless otherwise stated, on this call, we will reference non-GAAP measures. With that, let me turn the call over to Carl. Carl?

Thanks, Tom. In a year of record achievements, it is only fitting that we close the year with many new records in the fourth quarter. As we continue to ramp our all-platform company, we should expect to see more records set. And as such, I will refrain from calling them out too often. However, in the fourth quarter, we achieved record revenue without a single 10% customer. The diversity of our customer base is a clear indication of how far we have come in the pursuit of our all platform model. Calix cloud and software platforms enable service providers of all types and sizes to innovate and transform. Our customers utilize real-time data and insights to simplify their businesses and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty, and revenue creates more value for their businesses and communities. We are resolute in our belief that if we help our customers build more value, they will enable us to build ours. While 2020 was an unanticipated and unusual year. We believe 2021 will be unusual in a different way. I would like Corey to give you an understanding of how we are viewing 2021 from this early vantage point. Corey.