Dolby Laboratories

Ladies and gentlemen, thank you for standing by. Welcome to the Dolby Laboratories conference call discussing fiscal fourth quarter and fiscal 2020 results. During the presentation, all participants will be in a listen-only mode. Afterwards, you will be invited to participate in a question and answer session. At that time, if you have a question, you will need to press the star 1 on your telephone. As a reminder, this call is being recorded Thursday, November 12, 2020. I would now like to turn the conference call over to Jason Dee, Director of Investor Relations for Dolby Laboratories. Please go ahead, Jason.

Good afternoon.

Welcome to Dolby Laboratories' fourth quarter 2020 earnings conference call. Joining me today are Kevin Yamen, Dolby Laboratories President and CEO, and Louis Chu, Executive Vice President and Chief Financial Officer. As a reminder, today's discussion will include forward-looking statements, including our first quarter and second quarter fiscal 2021 outlook and our assumptions underlying that outlook. These statements are subject to risk and uncertainties that may cause actual results to differ materially from the statements made today. In particular, the extent of the continued impact of COVID-19 on our business remains uncertain at this time. The discussion of these and additional risks and uncertainties can be found in the earnings press release that we issued today under the section captioned, forward-looking statements, as well as in the risk factor section of our most recent quarterly report on Form 10Q. Dolby assumes no obligation and does not intend to update any forward-looking statements made during this call as a result of new information or future events. During today's call, we will discuss GAAP and non-GAAP financial measures. A reconciliation between the two is available in our earnings press release and in the Dolby Laboratories investor relations data sheet on the investor relations section or website. As for the content of today's call, we will begin with a recap of Dolby's financial results and provide our first and second quarter 2021 outlook. And Kevin will finish with a discussion of the business. So with that introduction behind us, I will now turn the call over to Lewis.