Enovix Corporation (ENVX) Q1 2023 Earnings Conference Call April 26, 2023 5:00 PM ET

Corporate Participants

Charles Anderson - SVP, IR

Raj Talluri - Chief Executive Officer

Steffen Pietzke - Chief Financial Officer

Ajay Marathe - Chief Operating Officer

Ralph Schmitt - Chief Commercial Officer

Conference Call Participants

Bill Peterson - JPMorgan

Colin Rusch - Oppenheimer

Derek Soderberg - Cantor

Gabe Daoud - Cowen

Alex Potter - Piper Sandler

Gus Richard - Northland Capital Markets

George Gianarikas - Canaccord

Ananda Baruah - Loop Capital

Marc Cohodes - Alder Lane

Sean Milligan - Janney

Chip Moore - EF Hutton

Operator

Thank you for standing by, and welcome to today's program, the Enovix Corporation First Quarter 2023 Earnings Call. After the presentation, there will be a Q&A session featuring Enovix management.

With that, I'd like to turn it over to your host for today's program, Charles Anderson, Senior Vice President of Investor Relations and Corporate Strategy. Please go ahead, sir.

Charles Anderson

Thank you. Hello, everyone, and welcome to Enovix Corporation's first quarter 2023 financial results conference call. With us today, are President and Chief Executive Officer, Dr. Raj Talluri, Chief Financial Officer, Steffen Pietzke, Chief Operating Officer, Ajay Marathe and Chief Commercial Officer, Ralph Schmitt.

Raj will give an overview and then we will take your questions. After the Q&A session we'll conclude the call.

Before we continue, let me kindly remind you that we released our first quarter 2023 shareholder letter after the market closed today. It's available on our website at ir.enovix.com. A replay of this video call will be available later today on the investor relations page of our website.

Please note that the shareholder letter, press release and this call all contain forward-looking statements that are subject to risks and uncertainties. These forward-looking statements are based on our current expectations and may differ materially from actual future events or results due to a variety of factors. For discussion of factors that could affect our future financial results and business, please refer to the disclosure in today's shareholder letter and our filings with the Securities and Exchange Commission. All our statements are made as of today, April 26, 2023 based on information currently available to us. We can give no assurance that the statements will prove to be correct, and we do not intend and undertake no duty to update these statements except as required by law.

During this call, we will also discuss non-GAAP financial measures which are not prepared in accordance with Generally Accepted Accounting Principles. You can find a reconciliation of the GAAP financial measures to the non-GAAP financial measures in our shareholder letter.