Credo Technology Group Holding Ltd (NASDAQ:CRDO) Q2 2023 Earnings Conference Call November 30, 2022 5:00 PM ET

Company Participants

Dan O’Neil - Vice President of Corporate Development & Investor Relations

Bill Brennan - President and Chief Executive Officer

Dan Fleming - Chief Financial Officer

Conference Call Participants

Quinn Bolton - Needham & Company

Toshiya Hari - Goldman Sachs

Vivek Arya - Bank of America

Richard Shannon - Craig-Hallum

Vijay Rakesh - Mizuho Securities

Tore Svanberg - Stifel

Lannie Trieu - Cowen

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Credo Semiconductor Second Quarter Fiscal Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session. [Operator Instructions]

I will now like to turn the call over to Dan O’Neil. Please go ahead, sir.

Dan O’Neil

Good afternoon. Thank you for joining us today on our earnings call for our fiscal 2023 second quarter. Joining me today from Credo are Bill Brennan, our Chief Executive Officer; and Dan Fleming, our Chief Financial Officer.

I'd like to remind everyone that certain comments made on this call today may include forward-looking statements regarding expected future financial results, strategies and plans, future operations, the markets in which we operate and other areas of discussion. These forward-looking statements are subject to risks and uncertainties that are discussed in detail in our documents filed with the SEC. It's not possible for the company's management to predict all risks nor can the company assess the impact of all factors on its business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks, uncertainties and assumptions, the forward-looking events discussed during this call may not occur and actual results could differ materially and adversely from those anticipated or implied. The company undertakes no obligation to publicly update forward-looking statements for any reason after the date of this call to conform these statements to actual results or to changes in the company's expectations except as required by law.

Also during this call, we will refer to certain non-GAAP financial measures, which we consider to be an important measure of the company's performance. These non-GAAP financial measures are provided in addition to and not as a substitute for or superior to financial performance prepared in accordance with U.S. GAAP. A discussion of why we use non-GAAP financial measures and reconciliations between our GAAP and non-GAAP financial measures is available in the earnings release we issued today, which can be accessed using the Investor Relations portion of our website.