This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Network Equipment Technologies Q1 2011 Earnings Conference Call Transcript

Network Equipment Technologies (NWK)

Q1 2011 Earnings Conference Call

July 29, 2010, 5:00 PM ET

Executives

Leigh Salvo - Nagle & Ferri, LLC - IR

David Wagenseller - Chief Financial Officer, Vice President

Nick Keating - President, CEO

Analysts

John Nelson - King & Associates

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the first quarter 2011 Network Equipment Technologies earnings conference call. My name is [Kendle] and I will be your operator for today.

At this time all lines are in listen-only mode. Later we will conduct a question-and-answer session. (Operator Instructions) I would now like to turn the conference over to Leigh Salvo. Please proceed.

Leigh Salvo

Hi. Thank you. Welcome, everyone, to our call this afternoon during which we'll discuss the results for Network Equipment Technologies first quarter of fiscal 2011. With me today are Nick Keating, President and CEO, and David Wagenseller, Vice President and CFO.

In keeping with the Safe Harbor provisions of the Private Securities Litigation Reform Act, I want to remind everyone that we'll be making some forward-looking statements and projections today including those related to future revenue, operating results and financial conditions.

Investors are cautioned that these statements are based on a current estimate and assumptions that involve risks and uncertainties that might cause actual results to differ materially from those expressed or implied in the forward-looking statements.

These risks and uncertainties include federal government budget matters and procurement decisions, the timing of orders, timely completion of product development initiatives, challenges with managing inventory and production of products, certifications and regulatory compliance for new and existing products, market exceptions for our new products, relations with and performance by third party technology providers, new competition and technological changes, success in building new sales channels, circumstances regarding specific sales that can affect the recognition of revenue and other risks including those identified in the company's filings with the SEC including forms 10-K and 10-Q and in other press releases and communications.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $114.64 -3.21%
FB $94.06 -0.08%
GOOG $629.25 -0.31%
TSLA $266.28 2.42%
YHOO $37.12 1.17%

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs