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November 8, 2011 5:00 PM ET
Liz Grausam – Vice President, Investor Relations
Eli Gelman – President and CEO
Tamar Rapaport Dagim – Chief Financial Officer
Chris Koh – Stifel, Nicolaus
Ashwin Shirvaikar – Citi
Shaul Eyal – Oppenheimer & Co.
Lauren Choi – J.P. Morgan
Julio Quinteros – Goldman Sachs
Shyam Patil – Raymond James & Associates
Daniel Meron – RBC Capital Markets
David Kaplan – Barclays Capital
Will Power – Robert Baird
Arvind Ramnani – UBS
Jason Kupferberg – Jefferies
Damon Guirdham – Generation Investment Management
Scott Sutherland – Wedbush Securities
Please standby. Good day, everyone. And welcome to the Amdocs Fourth Quarter 2011 Earnings Release Conference Call. Today’s call is being recorded and webcast.
At this time, I would like to turn the call over to Liz Grausam, Vice President of Investor Relations for Amdocs. Please go ahead.
Thank you, Brandon. Before we begin, I would like to point out that during this call we will discuss certain financial information that is not prepared in accordance with GAAP. The company’s management uses its financial information and its internal analysis in order to exclude the effect of acquisitions and other significant items that may have a disproportionate effect in a particular period.
Accordingly, management believes that isolating the effects of such events enable management and investors to consistently analyze the critical components and results of operations of the company’s business and to have a meaningful comparison to prior periods.