Velodyne Lidar, Inc.'s (VLDR) CEO Ted Tewksbury on Q3 2021 Results - Earnings Call Transcript

Nov. 04, 2021 10:29 PM ETOuster, Inc. (OUST) StockOUST
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Velodyne Lidar, Inc. (VLDR) Q3 2021 Earnings Conference Call November 4, 2021 4:30 PM ET

Company Participants

Andrew Chan - Head of IR
Drew Hamer - CFO
Jim Barnhart - COO
Ted Tewksbury - CEO

Conference Call Participants

Michael Filatov - Berenberg Capital Markets
Mark Delaney - Goldman Sachs
Aileen Smith - Bank of America Merrill Lynch
Sam Peterman - Craig Hallum
Denis Pyatchanin - Needham & Company

Operator

Good day and welcome to Velodyne Lidar Third Quarter 2021 Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Andrew Chan, Head of Investor Relations. Please go ahead.

Andrew Chan

Good afternoon, and thank you for joining us on today's conference call to discuss Velodyne Lidar's third quarter 2021 financial results. Drew Hamer, the Company's Chief Financial Officer will run through the calls prepared remarks. We have Ted Tewksbury, the incoming Chief Executive Officer, Drew and Jim Barnhart, the Chief Operating Officer will be available for Q&A.

Before we begin, I would like to remind you that shortly after the market close today, Velodyne issued a press release announcing its third quarter 2021 financial results. Velodyne also published an investor presentation. You may access the press release and the presentation in the Investor Relations section of velodynelidar.com. Today's discussion includes forward-looking statements. Please refer to our press release and our SEC filings including our most recent 10-K and 10-Q for a discussion of factors that could cause the company's actual results to differ materially from these forward-looking statements.

I would also like to remind you that during the call, we will discuss some non-GAAP measures related to Velodyne's performance. You

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