Power Integrations, Inc. (POWI) Q4 2025 Earnings Call

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WEBVTT 00:00:00.959 -- 00:00:06.324 Hello everyone, thank you for joining us and welcome to the Power Integrations Q4 00:00:06.324 -- 00:00:08.286 earnings call. 00:00:08.286 -- 00:00:12.229 After today's prepared remarks, we will host a question and answer session. 00:00:12.229 -- 00:00:17.614 If you would like to ask a question, please press star one on your telephone 00:00:17.614 -- 00:00:19.215 keypad. 00:00:19.215 -- 00:00:22.358 To withdraw your question, press star one again. 00:00:22.358 -- 00:00:27.363 I will now hand the call over to Joe Schiffler, Senior Director 00:00:27.363 -- 00:00:31.725 of Investor Relations. Please go ahead. 00:00:33.275 -- 00:00:35.499 Thank you, Chelsea. Good afternoon, everyone. 00:00:35.499 -- 00:00:40.647 Thanks for joining us. With me on the call are Jen Lloyd, our CEO, and Nancy 00:00:40.647 -- 00:00:44.414 Erba, who joined Power Integrations last month as CFO. 00:00:44.414 -- 00:00:48.858 After Jen and Nancy's prepared remarks, we'll open it up for questions. 00:00:48.881 -- 00:00:53.369 Our discussion today will include forward-looking statements denoted by words like will, 00:00:53.369 -- 00:00:58.037 expect, should, outlook, forecast, and similar expressions that look toward future events 00:00:58.037 -- 00:01:02.611 or performance. Such statements are subject to risks that may cause actual results to 00:01:02.611 -- 00:01:08.698 differ from those projected or implied. Such risks are discussed in today's press release 00:01:08.698 -- 00:01:13.982 and in our most recent Form 10-K filed with the SEC on February 7, 2025. 00:01:14.364 -- 00:01:18.789 During this call, we will refer to financial measures not calculated according to GAAP. 00:01:18.789 -- 00:01:23.355 Non-GAAP measures in the fourth quarter exclude stock-based co...