Q3 2020 Bel Fuse Inc Earnings Call Transcript

Oct 30, 2020 / 03:00PM GMT
Operator

Good day, and welcome to the Bel Fuse Inc. Third Quarter 2020 Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Dan Bernstein, President and Chief Executive Officer. Please go ahead, sir.

Daniel Bernstein - Bel Fuse Inc. - President, CEO & Director

Thank you, Anna. Joining me on the call today is Craig Brosious, our Vice President of Finance; Lynn Hutkin, our Director of Financial Reporting. Before we begin the call, I'd like to ask Lynn to go over the safe harbor statement. Lynn?

Lynn Hutkin - Bel Fuse Inc. - Director of Financial Reporting

Thank you, Dan. Good morning, everybody. Before we start, I'd like to read the following safe harbor statement. Except for historical information contained on this call, the matters discussed on this call, such as statements regarding fourth quarter sales, anticipated cost savings from the closure of our power R&D facility in Uster, Switzerland and our sales office in Germany as well as from a

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