Power Integrations, Inc. (POWI) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.076 Hello, everyone. Thank you for joining us and welcome to the Power Integrations 00:00:05.076 -- 00:00:10.321 Q1 earnings call. After today's prepared remarks, we will host a question 00:00:10.321 -- 00:00:15.306 and answer session. If you would like to ask a question, please press star one on your 00:00:15.306 -- 00:00:20.231 telephone keypad. To withdraw your question, press star one again. 00:00:20.231 -- 00:00:25.255 I will now hand the call over to Joe Schiffler, Senior Director of 00:00:25.255 -- 00:00:29.458 Investor Relations. Please go ahead. 00:00:30.997 -- 00:00:35.564 Thanks, Alexandra. Good afternoon. Thanks, everyone, for joining us. 00:00:35.564 -- 00:00:38.909 With me on the call are Jen Lloyd, our CEO, 00:00:38.909 -- 00:00:43.796 and our CFO, Nancy Erbo. After Jen and Nancy's prepared remarks, we'll open it up for 00:00:43.796 -- 00:00:45.639 questions. 00:00:45.639 -- 00:00:49.404 Our discussion today will include forward-looking statements denoted by words like will, 00:00:49.404 -- 00:00:52.589 expect, should, outlook, forecast, 00:00:52.589 -- 00:00:56.154 and similar expressions that look toward future events or performance. 00:00:56.154 -- 00:00:59.860 Such statements are subject to risks that may cause actual results to differ from those 00:00:59.860 -- 00:01:01.844 projected or implied. 00:01:01.844 -- 00:01:06.211 Such risks are discussed in today's press release, in our most recent annual report on 00:01:06.211 -- 00:01:11.478 Form 10-K, and in subsequent quarterly reports on Form 10-Q, including 00:01:11.478 -- 00:01:14.523 the one being filed this afternoon with the SEC. 00:01:14.523 -- 00:01:19.050 During this call, we will refer to financial measures not calculated according to GAAP. 00:01:19.050 -- 0...