Trident Microsystems, Inc. (
Q2 2011 Earnings Call Transcript
July 28, 2011 5:00 a.m. ET
John Swenson - Director, Corporate Finance & IR
Bami Bastani - CEO and President
Pete Mangan - EVP and CFO
Arjun Sadani - Needham & Company
Glenn Primack - PEAK 6
Raji Gill - Needham & Company
Good day, ladies and gentlemen, and welcome to the Q2 2011 Trident Microsystems Incorporated earnings conference call. My name is Ed and I will be your operator for today. (Operator Instruction).
At this time, I would like to turn the call over to Mr. John Swenson. Please proceed.
Welcome, everyone, to Trident Microsystems conference call for the second quarter ended June 30, 2011. After the market closed today, Trident issued a press release, discussing results for the quarter. The press release is accessible online at www.tridentmicro.com. This call is being broadcast live over the web and is accessible using the link found in today’s earnings press release. A replay of the webcast will be available starting tomorrow by accessing the Investor Relations section of our website.
Before we begin, please note that during this call, we will make forward-looking statements. These include comments related to guidance on anticipated revenues and operating losses, the pace of restructuring and integration activity, future product shipments and other statements. We are not obligated to update these statements.
Actual results may differ materially from the forward-looking statements made today and have in fact done so in the past. These projections or forward-looking statements are subject to certain risks and uncertainties. These risks include, in particular, our ability to realize the benefits from our acquisition of product lines and IP from NXP, our ability to reduce expenses, the timing of new product introductions, the ability to obtain design wins among major OEMs for Trident’s products; the availability of wafers from our suppliers; and competitive pressures, including pricing and competitors’ new product introductions; the impact of the uncertain global macroeconomic environment; the increasingly competitive TV and Set-top Box semiconductor markets and our ability to retain key employees globally.