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ANADIGICS' CEO Discusses Q2 2011 Results - Earnings Call Transcript

ANADIGICS, Inc. ( ANAD)

Q2 2011 Earnings Call

August 4, 2011 8:30 AM ET

Executives

Thomas Shields – COO and CFO

Ronald Michels – CEO

Analysts

Harsh Kumar – Morgan Keegan & Co., Inc.

Dale Pfau – Cantor Fitzgerald Securities

Quinn Bolton – Needham & Co. LLC

Edward Snyder – Charter Equity Research

Paul McWilliams – Next Inning Technology Research

Todd Koffman – Raymond James & Associates

Aalok Shah – D. A. Davidson & Co.

Presentation

Operator

Good morning. My name is Crystal and I will be your conference operator today. At this time, I would like to welcome everyone to the ANADIGICS Second Quarter’s Earnings Conference Call. 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. Tom Shields, COO and CFO of ANADIGICS, you may begin.

Thomas Shields

Thank you, operator. Good morning, everyone, and welcome to the ANADIGICS second quarter 2011 earnings conference call.

Before we get started, please remember, any comments made in 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 now like to turn the call over to Ron Michels, CEO, for his opening remarks.

Ronald Michels

Thank you, Tom, and good morning, everyone. Thank you for joining us this morning. I would like to start this morning by providing a high-level overview of our revenue for the second quarter and then provide an update on our business activities since our last earnings call – our last conference earnings call.

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