While supply chain lead times have come down significantly from last year, fiber execs are encouraging industry stakeholders to plan accordingly for BEAD bottlenecks.
Operator
Greetings, and welcome to the Calix First Quarter 2021 Earnings Call. [Operator Instructions]. A question-and-answer session will follow the formal presentation. [Operator Instructions]. It is now my pleasure to introduce Tom Dinges, Director of Investor Relations. Thank you. You may begin.
Thomas J. Dinges
Director of Investor Relations
Thank you, operator, and good morning, everyone. Thank you for joining our first quarter 2021 earnings call. Today on the call, we have CEO, Carl Russo; Chief Financial Officer, Cory Sindelar; and President and Chief Operating Officer, Michael Weening. As a reminder, yesterday, after the close of market, we released our letter to stockholders in an 8-K filing, as well as on the Investor Relations section of the Calix website. This conference call will be available for audio replay in the Investor Relations section of the Calix website.