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Magma Design Automation CEO Discusses Q4 2010 Results - Earnings Call Transcript

Stocks in this article: GLBL

Magma Design Automation, Inc. ( GLBL)

Q4 2010 Earnings Conference Call

February 24, 2011, 10:00 am ET

Executives

Andy Smith – CFO

John Reed – CEO

Ashit Jain – COO

Analysts

Marshall Atkins [ph]

Joe Gibney – Capital One

Craig Gilbert – Linden Advisors

Graham Mattison – Lazard Capital Markets

Presentation

Operator

Welcome to Global Industries fourth quarter earnings conference call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session. (Operator instructions) Today's conference is being recorded, any objections; you may disconnect at this time. On the call this morning are John Reed; Chief Executive Officer, Andy Smith; Chief Financial Officer and Ashit Jain, Chief Operations officer. I would like to now turn the meeting over to Mr. Andy Smith. Sir, please begin.

Andy Smith

Thank you and good morning. I would like to welcome everyone to the Global Industries fourth quarter 2010 earnings conference call. The call is being recorded and will be available on our website at globalind.com. Before we begin, I would like to remind everyone that certain of our comments and responses to questions reflect our current views and assumptions and are considered forward-looking statements as defined in securities, laws and regulations and may include risks and uncertainties which are more fully described in our filings with the Securities and Exchange Commission. Interested parties are directed to our website for access to our SEC filings.

Now, I'll turn it over to our Chief Executive Officer, Mr. John Reed. John.

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