Sequans Communications S.A.

Greetings and welcome to the sequence communications third quarter 2022 financial results conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Kim Rogers of Investor Relations. Please go ahead.

Thank you, Bikram. And thank you to everyone participating in today's call. Joining me on the call today from Sequence Communications are George Karam, Chairman and Chief Executive Officer, and Debra Schott, Chief Financial Officer. Before turning the call over to George, I'd like to remind our participants of the following important information on behalf of Sequans. Sequans issued the earnings press release this morning, which was posted to the company's website at www.sequans.com under the newsroom section. Before we start, I would like to remind everyone that this conference call contains projections and other forward-looking statements regarding future events or our future financial performance and potential financing sources. All statements other than present and historical facts and conditions contained in this call, including any statements regarding future results of operations and financial positions, business strategy and plans, expectations for future sales, the impact of COVID-19 on our supply chain and on our customer demand, the impact of component shortages and manufacturing capacity, Our ability to convert our pipeline to revenue and our objectives for future operations are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934 as amended. These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not rely on or place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. More information on factors that could affect our business and financial results are located in our public filings made with the Securities and Exchange Commission. And now, I'd like to hand the call over to George Karam. Please go ahead, George.

Thank you, Kim. Good morning, everybody. Welcome to our third quarter 2022 financial results conference call. Before we jump into my comments, there are several highlights I want to emphasize. First, we had a great quarter from a consolidated revenue and profitability perspective. Number two is that the new 5G strategic deal is going very well. Number three, our pipeline for massive IoT products continue to grow, and we are landing design wins with the new and existing customers.