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Novellus Systems' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Novellus Systems (NVLS)

Q4 2011 Earnings Call

February 02, 2012 4:30 pm ET


Robin S. Yim - Former Vice President of Investor Relations

John D. Hertz - Chief Financial Officer, Principal Accounting Officer, Vice President and Corporate Controller

Richard Hill - Chairman and Chief Executive Officer

Timothy M. Archer - Chief Operating Officer


Mahesh Sanganeria - RBC Capital Markets, LLC, Research Division

Christopher Blansett - JP Morgan Chase & Co, Research Division

Vishal Shah - Deutsche Bank AG, Research Division

Thomas Diffely - D.A. Davidson & Co., Research Division

Christopher J. Muse - Barclays Capital, Research Division

Satya Kumar - Crédit Suisse AG, Research Division

James Covello - Goldman Sachs Group Inc., Research Division

Edwin Mok - Needham & Company, LLC, Research Division

Terence R. Whalen - Citigroup Inc, Research Division

Benedict Pang - Caris & Company, Inc., Research Division

Eliot Glazer



Good day, and welcome to Novellus Fourth Quarter and Fiscal Year 2011 Earnings Release Conference Call. As a reminder, this call is being recorded today, Thursday, February 2, 2012. I would now like to turn the conference over to Ms. Robin Yim of Novellus Systems. Please go ahead.

Robin S. Yim

Thank you, Robert. Good afternoon, and thank you for joining the Novellus Systems' Fourth Quarter and Fiscal Year 2011 Earnings Conference Call. Joining me on the call today are Rick Hill, Chairman and Chief Executive Officer; Tim Archer, Chief Operating Officer; and John Hertz, Chief Financial Officer.

Financial results for the fourth quarter and fiscal year 2011 were released by Marketwire shortly after 1 p.m. Pacific Time. You can obtain a copy of the news release in the Investor Relations section of our website at

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