SonicWALL, Inc. Q1 2010 Earnings Call Transcript

SonicWALL, Inc. (SNWL)

Q1 2010 Earnings Call Transcript

April 23, 2010 8:30 am ET

Executives

Kelly Blough – VP, IR

Matt Medeiros – President and CEO

Robert Selvi – CFO

Analysts

Jonathan Ruykhaver –ThinkEquity

Rob Rezza – RBC Capital Markets

Jason Nolan – Robert Baird

Sterling Auty – JPMorgan

Eric Martinuzzi – Craig-Hallum

Catharine Trebnick – Avian Securities

Presentation

Operator

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» SonicWALL Inc. Q3 2009 Earnings Call Transcript
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» SonicWALL Inc. Q1 2009 Earnings Call Transcript

Good morning and welcome to the SonicWALL first quarter 2010 earnings conference call. Today's conference is being recorded. At this time I would like to turn the conference over to Ms. Kelly Blough, please go ahead.

Kelly Blough

Thank you, Mark. Good morning. Welcome to our first quarter 2010 earnings conference call. With us today are Matt Medeiros, President and CEO of SonicWALL and Robert Selvi, CFO. Before we begin I'd like to remind everyone that during this conference call we will be making forward-looking statements within the meeting of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended.

Forward-looking statements include without limitation revenue GAAP and non-GAAP earnings per share and growth margin guidance for the second quarter of 2010, expected operating expenses for the second quarter of 2010, our ability to maintain mid to high teen operating margin, recovering demand condition, future availability of new and benefits of new product offerings and our positioning to deliver growth of both market rate.

All forward-looking statements made on this call are subject to risks, uncertainties and assumptions that could cause actual results or events to differ materially from those contained in the forward-looking statement.