“As you said, I look at it as a roughly seasonal guide, as you said. And the reason is, there is a recovery, but it's a very in a moderate pace”

In context

“er than expected Q3 base. My math suggests that down 7% or so is pretty much seasonal, like, on, like, on on a pre-COVID basis. I know post-COVID seasonality has been over the place, all over the place. But pre-COVID it typically was down, call it, like, high single digits. You seem to be on a seasonal trend now, and and maybe that's consistent with customers no longer draining inventory. What if how do I should I think about normal seasonality, like, pre-COVID levels for Q1? My under my my feeling is it's typically down sequentially. Like, what is I'm not asking you to guide it, but just, what what is normal for Q1, at least on a on a pre-COVID basis? If we're running more of a seasonal pattern from here. Haviv Ilan: Before we talk about Q1, let me just add a little bit more color on Q4. As you said, I look at it as a roughly seasonal guide, as you said. And the reason is, there is a recovery, but it's a very in a moderate pace, right? So that's what guides our call it seasonal view into Q4. I also mentioned and that's what we're seeing. This is part of the way we do business days. More customers are direct, more customers are on consignment. Customer inventories are low, and I think they've gone through this depletion process, okay, that's behind us. So So we are going to be just seeing it real time as it comes and hence our guidance. Now, Q1, Mike, you could comment if Sure. Yeah. Mike Beckman: It's not unusual to see you know, fourth to first just historically. This is not a guide for what we're gonna see, but what historically has done is typically down, just a slightly sequentially. It's not unusual to see. Alright. Stacy, thank you for the questions. Move on to the next caller, please. Operator: Thank you.”