Pixelworks, Inc. (NASDAQ:PXLW) Q1 2024 Earnings Conference Call May 14, 2024 5:00 PM ET
Company Participants
Brett Perry - Investor Relations
Todd DeBonis - President and Chief Executive Officer
Haley Aman - Chief Financial Officer
Conference Call Participants
Suji Desilva - ROTH
Nicolas Doyle - Needham
Richard Shannon - Craig-Hallum
Operator
Good day, ladies and gentlemen and welcome to Pixelworks, Inc.’s First Quarter 2024 Earnings Conference Call. I’ll be your operator for today’s call. And as a reminder, this conference call is being recorded for replay purposes. I would now like to turn the call over to Brett Perry with Shelton Group Investor Relations. Please go ahead.
Brett Perry
Good afternoon and thank you for joining us on today’s call. With me on the call are Pixelworks’ President and CEO, Todd DeBonis; and Chief Financial Officer, Haley Aman. The purpose of today’s conference call is to supplement the information provided in Pixelworks’ press release issued earlier today announcing the company’s financial results for the first quarter of 2024.
Before we begin, I’d like to remind you that various remarks we make on this call, including those about our projected future financial results, economic and market trends, and our competitive position, constitute forward-looking statements. These forward-looking statements and all other statements made on this call that are not historical facts are subject to a number of risks and uncertainties that may cause actual results to differ materially. All forward-looking statements are based on the company’s beliefs as of today, Tuesday, May 14, 2024. The company undertakes no obligation to update any such statements to reflect events or circumstances occurring after today. Please refer to today’s press release, the company’s annual report on Form 10-K for the year ended December 31, 2023 and subsequent SEC filings for a description of factors that could cause forward-looking statements to differ materially from actual results.
Additionally, the company’s press release and management statements during this conference call will include discussions of certain measures and financial information in GAAP and non-GAAP terms, including gross margin, operating expenses, net loss and net loss per share. Non-GAAP measures exclude stock-based compensation expense. The company uses these non-GAAP measures internally to assess operating performance. We believe the non-GAAP measures provide a meaningful perspective into core operating results and underlying cash flow dynamics. We caution investors to consider these measures in addition to not as a substitute for nor superior to the company’s consolidated financial results as presented in accordance with U.S. GAAP.