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ANADIGICS CEO Discusses Q1 2011 Results - Earnings Call Transcript

ANADIGICS, Inc. ( ANAD)

Q1 2011 Earnings Call

May 3, 2011 8:30 a.m. ET

Executives

Tom Shields - COO

Ron Michels CEO

Analysts

Aalok Shah – D.A. Davidson & Co.

Harsh Kumar – Morgan, Keegan & Co., Inc.

Anthony Stoss - Craig-Hallum Capital

Quinn Bolton – Needham & Company

Richard Shannon – Northland Capital Markets

Todd Koffman - Raymond James

Edward Snyder - Charter Equity Research

Presentation

Operator

Good morning. My name is Brook, and I will be your conference operator today. At this time I would like to welcome everyone to the ANADIGICS first quarter 2011 earnings conference call.

On the call with us today is Ron Michels, CEO, and Tom Shields, Chief Operating Officer. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. (Operator Instructions)

Thank you, Mr. Shields, you may begin your conference.

Tom Shields

Thank you Brook. Good morning everyone and welcome to the ANADIGICS first quarter 2011 earnings conference call. Before we get started please remember any comments made on this call by management as part of prepared remarks or in response to your questions may contain forward-looking information. Such information is subject to risks and uncertainties as described in this morning’s press release and in the company’s various filings with the SEC.

I would like now to turn the call over to Ron, for his opening remarks.

Ron Michels

Thank you Tom and good afternoon everyone. So given that this is the first earnings conference call since I was named CEO of ANADIGICS, I would like to introduce myself with a brief background, and then give you my vision for the company. This will then be followed with a review of our first quarter results, business outlook of the second quarter and some detail behind the products and the future roadmap, which I want to spend some time talking about, and I’m pretty excited about it.

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