Integrated Device Technology, Inc. F1Q11 (Qtr End 06/27/10) Earnings Call Transcript

Integrated Device Technology, Inc. (IDTI)

F1Q11 (Qtr End 06/27/10) Earnings Call

July 26, 2010 4:30 pm ET

Executives

Rick Crowley – CFO

Ted Tewksbury – President and CEO

Analysts

Sukhi Nagesh – Deutsche Bank

Sandy Harrison – Signal Hill

Glen Yeung – Citi

Tim Luke – Barclays Capital

John Barton – Cowen

Nicholas Aberle – Janney Capital Markets

Presentation

Operator

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Good afternoon and welcome to the Integrated Device Technology Incorporated fiscal first quarter 2011 financial results conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given at that time. (Operator instructions) As a remainder this conference is being recorded.

And with that said, here with opening remarks is Integrated Device Technology’s Chief Financial Officer Rick Crowley. Please go ahead, sir.

Rick Crowley

Thank you, Lorrie, and welcome to our fiscal first quarter 2011 earnings conference call. I'm Rick Crowley, IDT's Chief Financial Officer. And presenting with me on the call today is Ted Tewksbury, our President and Chief Executive Officer.

Our call today will include remarks about future expectations, plans, and prospects for IDT, which constitute forward-looking statements for purposes of the Safe Harbor provisions under applicable federal securities laws. Actual results may differ materially from our forward-looking statements as a result of various important factors, including certain risks, which are detailed in IDT's most recent Annual Report on Form 10-K as filed with the SEC.

IDT does not intend to update the information provided in today’s call and expressly disclaims any such duty except as required by law. In addition, pursuant to Regulation G, any non-GAAP financial measures referenced during today's conference call can be found in our press release posted on our website at www.idt.com, including a complete reconciliation to the most directly comparable GAAP measures. Also, we have made selected financial information available in webcast slides, which can be found in the Investor Relations section of our website.

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