Dolby Laboratories

Ladies and gentlemen, thank you for standing by and welcome to the Dolby Laboratories conference call discussing fiscal first quarter 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 star 1 on your telephone. As a reminder, this call is being recorded Thursday, January 28, 2021. I would now like to turn the conference over to Jason Dee, Director of Investor Relations for Dolby Laboratories. Please go ahead, Jason.

Good afternoon. Welcome to Dolby Laboratories' first quarter 2021 earnings conference call. Joining me today are Kevin Yamin, Dolby Laboratories President and CEO, and Will Hsu, Executive Vice President and Chief Financial Officer. As a reminder, today's discussion will include forward-looking statements. including our second quarter fiscal 2021 outlook and our assumptions underlying that outlook. These statements are subject to risks 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 and earnings press release that we issued today under the section captioned forward-looking statements as well as in the risk factors section of our most recent annual report on Form 10-K. There will be assumed 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. Reconciliation between the two is available in our earnings press release and in the Doley Laboratory's Investor Relations data sheet on the Investor Relations section of our website. As for the content of today's call, Lewis will begin with a recap of Doley's financial results and provide our 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.

Okay.