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CalAmp's CEO Discusses F2Q 2012 Results - Earnings Call Transcript

CalAmp (CAMP)

F2Q 2012 Results

September 29, 2011 4:30 p.m. ET

Executives

Joe Calabrese - Financial Relations Board

Michael Burdiek - President and Chief Executive Officer

Rick Vitelle - Chief Financial Officer

Analysts

Mike Crawford - B. Riley & Co.

Nick [Mara] - Sidoti & Company

Ilya Grozovsky - Morgan Joseph

Marc Robins - Catalyst Research

Richard Todaro - Kennedy Capital

Presentation

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the CalAmp fiscal 2012 second quarter results conference call. [Operator instructions.] I would now like to turn the conference over to Joe Calabrese from the Financial Relations Board. Please go ahead.

Joe Calabrese

Thank you operator. Good afternoon everybody. Welcome to CalAmp’s fiscal 2012 second quarter results conference call. With us today are CalAmp’s President and Chief Executive Officer, Michael Burdiek and Chief Financial Officer, Rick Vitelle.

Before I turn the call over to management, please remember that our prepared remarks and responses to questions may contain forward-looking statements. Words such as may, will, expect, intend, plan, believe, seek, could, estimate, judgment, targeting, should, anticipate, goal, and variations of these words, and similar expressions, are intended to identify forward-looking statements.

Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors including product demand, competitive pressures and pricing declines in the company’s satellite and wireless markets, the timing of customer approvals of new product designs, the length and extent of the global economic downturn that has and may continue to adversely affect the company’s business, and other risks and uncertainties that are described in the company’s annual report on Form 10-K for fiscal 2011 as filed on April 28, 2011 with the Securities & Exchange Commission.

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