Sequans Communications S.A. Q4 FY2020 Earnings Call

Operator: Welcome to the Sequans Fourth Quarter 2020 Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given at that time. As a reminder, this conference is recorded. Before I turn the conference over to our host, Mr. Georges Karam, I would like to remind you of the following important information on behalf of Sequans. This call contains projections and other forward-looking statements regarding future events, or our future financial performance and potential financing sources. All statements other than present and historical facts and conditions discussed in this call, including any statements regarding our expected seasonal revenue decline for the first quarter of 2021, long-term revenue goal, future results of operations and financial position, business strategy and plans, expectations for Massive IoT and Broadband and Critical IoT sales, the ability to continue to operate remotely as required at high levels of productivity, increasing backlog of orders, and the impact of the coronavirus on our manufacturing operations, supply chain and other customer demand, the impact of [indiscernible], shortages and our manufacturing capacity and our objectives for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Ac