Rambus, Inc. (RMBS) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.515 If anyone should require assistance during the conference, please press star zero at 00:00:04.515 -- 00:00:08.899 any time. As a reminder, this conference call is being recorded. 00:00:08.899 -- 00:00:12.543 I'd now like to turn the conference over to Desmond Lynch, Chief Financial Officer. 00:00:12.543 -- 00:00:15.283 You may begin your conference. 00:00:15.505 -- 00:00:21.531 Thank you, Operator, and welcome to the Rambus first quarter 2025 00:00:21.531 -- 00:00:26.535 results conference call. I am Desmond Lynch, Chief Financial Officer 00:00:26.535 -- 00:00:32.694 at Rambus, and on the call with me today is Luke Seraphin, our CEO. 00:00:32.694 -- 00:00:37.619 The press release for the results that we will be discussing today has been filed with 00:00:37.619 -- 00:00:41.123 the SEC on Form 8K. 00:00:41.123 -- 00:00:46.229 We are webcasting this call along with the slides that we will reference during portions 00:00:46.229 -- 00:00:51.314 of today's call. A replay of this call can be accessed on 00:00:51.314 -- 00:00:56.981 our website beginning today at 5pm Pacific Time. 00:00:56.981 -- 00:01:02.497 Our discussion today will contain forward-looking statements including our expectations 00:01:02.497 -- 00:01:05.782 regarding projected financial results, 00:01:05.782 -- 00:01:07.805 financial prospects, 00:01:07.805 -- 00:01:11.470 market growth, demand for our solutions, 00:01:11.470 -- 00:01:17.078 other market factors including reflections of the geopolitical and macroeconomic 00:01:17.078 -- 00:01:18.480 environment 00:01:18.480 -- 00:01:23.908 and the effects of ASC 606 and reported revenue amongst other 00:01:23.908 -- 00:01:25.410 items. 00:01:25.410 -- 00:01:30.598 These statements are subject to risk and uncertainties that...