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Syntel's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Syntel (SYNT)

Q2 2011 Earnings Call

July 21, 2011 10:00 am ET

Executives

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

Analysts

Joseph Foresi - Janney Montgomery Scott LLC

Manish Hemrajani - Oppenheimer & Co. Inc.

David Koning - Robert W. Baird & Co. Incorporated

Vincent Colicchio - Noble Financial Group, Inc.

Rahul Bhangare

Edward Caso - Wells Fargo Securities, LLC

Joseph Vafi - Jefferies & Company, Inc.

Puneet Jain - JP Morgan

Mayank Tandon - Signal Hill

Brian Kinstlinger - Sidoti & Company, LLC

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Syntel Second Quarter 2011 Earnings Call. [Operator Instructions] As a reminder, this call is being recorded today, Thursday, July 21, 2011.

I will now turn the call over to David Mackey, Syntel's Senior Vice President of Finance. Sir, you may begin.

David Mackey

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

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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