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Syntel's CEO Discusses Q1 2011 Results - Earnings Call Transcript

Syntel (SYNT)

Q1 2011 Earnings Call

April 21, 2011 10:00 am ET


Prashant Ranade - Chief Executive Officer, President and Director

Arvind Godbole - Chief Financial Officer, Principal Accounting Officer and Chief Information Security Officer

Bharat Desai - Co-Founder and Executive Chairman

David Mackey - Vice President of Finance


Manish Hemrajani - Oppenheimer & Co. Inc.

Jeffrey Rossetti

Bryan Keane - Crédit Suisse AG

Bhavan Suri - William Blair & Company L.L.C.

Vincent Colicchio - Noble Financial Group, Inc.

Joseph Vafi - Jefferies & Company, Inc.

Puneet Jain - JP Morgan Chase & Co

Mayank Tandon - Signal Hill

Brian Kinstlinger - Sidoti & Company, LLC



Ladies and gentlemen, thank you for standing by, and welcome to the Syntel First Quarter 2011 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded today, Thursday, April 21, 2011. I would now like to turn the conference over to David Mackey, Syntel's Senior Vice President of Finance.

David Mackey

Thank you, and good morning, everyone. Syntel's first quarter earnings release crossed GlobeNewswire at 8:30 a.m. today. It's also available on our website at

On the call with us today, we have Bharat Desai, Syntel's Chairman; Prashant Ranade, Syntel's CEO and President; and Arvind Godbole, Syntel's Chief Financial Officer.

Before we begin, I'd like to remind you that some of the comments made on today's call and responses to questions may contain forward-looking statements. These statements are subject to the risks and uncertainties described in the company's earnings release and other filings with the SEC.

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