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TheStreet Open House

Charm Communications Inc. Q2 2010 Earnings Call Transcript

Charm Communications Inc. (CHRM)

Q2 2010 Earnings Call

July 28, 2010 08:00 am ET

Executives

Henry Fraser - IR

He Dang - Chairman and CEO

Bao Li - CEO of Shangxing Media

Wei Zhou - CFO

Analysts

James Marsh - Piper Jaffray

Paul Keung - Oppenheimer

Presentation

Operator

Hello and thank you for standing by for Charm Communications earnings conference call. At this time all participants are in listen-only mode. After management's prepared remarks, there will be a question-and-answer session. Today’s conference is being recorded. If you have any objections you may disconnect at this time. I would now like to turn the meeting over to your host for today’s conference, Henry Fraser from Brunswick Group.

Henry Fraser

Hello everyone and welcome to Charm Communications earnings conference call for the second fiscal quarter which ended June 30, 2010. The company’s earnings results were released yesterday and are available on the company’s IR website at ir.charmgroup.cn, as well as on newswire services.

Today you will hear opening remarks from Charm’s founder and Chairman Mr. Dang, followed by the company’s Chief Financial Officer Wei Zhou who will provide the financial overview and guidance for the second quarter. After their prepared remarks, they will be available to answer your questions.

Before we continue, please note that the discussion today will contain certain forward looking statements made under the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations.

Charm does not assume any obligation to update any forward-looking statements except as required under applicable laws. Also, please note that some of the information that we discuss include non-GAAP financial measures as defined in regulation G. the most directly comparable US GAAP financial measures and information reconciling these non-GAAP financial measures shown as financial results prepared in accordance with US GAAP are included in Charm's earnings release which is being posted on the company’s IR website at ir.charmgroup.cn.

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