This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Bitstream Management Discusses Q2 2011 Results - Earnings Call Transcript

Bitstream (BITS)

Q2 2011 Earnings Call

August 15, 2011 4:30 pm ET

Executives

Unknown Speaker -

James Dore - Chief Financial Officer, Principal Accounting Officer and Vice President

Costas Kitsos - Vice President of Engineering

Analysts

Unknown Analyst -

George Guppy

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Bitstream Earnings Release Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to turn the conference over to your host today, Jim Dore, Vice President and Chief Financial Officer. Please begin.

James Dore

Hello, and welcome to Bitstream Inc. Second Quarter 2011 Conference Call. I am James Dore, Vice President and Chief Financial Officer, Bitstream. And here with me today are Costas Kitsos, Bitstream's Vice President of Engineering, who is currently focused on our Publishing division; John Collins, Vice President and Chief Technology Officer currently focused on our MyFonts.com e-commerce business; and Sampo Kaasila, Vice President of Research and Development, who is focused on our browsing and OEM-type product lines.

Amos Kaminski, our Executive Chairman and CEO, has asked me to read the following statements.

Good afternoon. I apologize for not being able join the call today. As a results of ongoing exploration of strategic alternatives, the company continues to actively pursue a sale of the business in full or in part. No definitive agreements or understandings have been reached and there can be no assurance that any such transaction will be consummated. Also, regarding our search for a new CEO, several potential candidates have been identified, for the selection process is a part of the company's broad strategic review. As such, nothing further can be said at this time. We will begin this conference call with highlights from the quarter, followed by a question-and-answer session

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs