Iteris, Inc. (NASDAQ:ITI) Q3 2023 Earnings Conference Call February 2, 2023 4:30 PM ET

Company Participants

Todd Kehrli - MKR Group

Joe Bergera - President & Chief Executive Officer

Doug Groves - Chief Financial Officer, Senior Vice President & Secretary

Conference Call Participants

Jeff Van Sinderen - B. Riley

Mike Latimore - Northland Securities

Ryan Sigdahl - Craig-Hallum Capital Group

Tim Moore - EF Hutton

Operator

Good day and welcome to the Iteris Fiscal Third Quarter 2023 Financial Results Conference Call. At this time, all participants have been placed on a listen-only mode.

And we will open the floor for your questions and comments after the presentation. Please note, this event is being recorded.

I would now like to turn the conference over to Todd Kehrli of MKR Investor Relations, please go ahead.

Todd Kehrli

Thank you, operator. Good afternoon, everyone and thank you for participating in today's conference call to discuss Iteris's financial results for its fiscal 2023 third quarter ended December 31, 2022. Joining us today are Iteris's President and CEO, Mr. Joe Bergera and the company's CFO, Mr. Doug Groves. Following their remarks, we'll open the call for questions from the company's covering sell-side analysts.

Before we continue, we'd like to remind all participants that during the course of this call, we may make forward-looking statements regarding future events or the future performance of the company, which are statements based on current information are subject to change and are not guarantees of future performance. Iteris is not undertaking an obligation to provide updates to these forward-looking statements in the future. Actual results may differ materially from what is discussed today and no one should assume that at a later date the company's comments from today will still be valid. Iteris refers you to the documents that the company files from time-to-time with the SEC, specifically the company's most recent forms 10-K, 10-Q and 8-K, which contain and identify important risk factors that could cause actual results to differ materially from those that are contained in any of the forward-looking statements. As always, you will find the webcast replay of today's call on the Investors section of the company's website at www.iteris.com.

Now, I'd like to turn the call over to Iteris's, President and CEO, Mr. Joe Bergera. Joe, please proceed.

Joe Bergera

Superb. Thank you, Todd and good afternoon to everyone. I appreciate you joining us today. Before we begin our regular earnings commentary, I want to make some remarks about today's announcement that Kerry Shiba will be joining Iteris as SVP and Chief Financial Officer effective February 3, 2023. Kerry brings significant, highly relevant experience that we believe will be particularly valuable with Iteris having achieved a critical inflection point and now poised for its next stage of growth.