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April 26, 2012 10:00 am ET
Andrew J. Blanchard - Vice President of Corporate Relations
Michael A. Bradley - Chief Executive Officer, President and Executive Director
Gregory R. Beecher - Chief Financial Officer, Principal Accounting officer, Vice President and Treasurer
James Covello - Goldman Sachs Group Inc., Research Division
Wenge Yang - Citigroup Inc, Research Division
Krish Sankar - BofA Merrill Lynch, Research Division
Mehdi Hosseini - Susquehanna Financial Group, LLLP, Research Division
Christopher J. Muse - Barclays Capital, Research Division
Satya Kumar - Crédit Suisse AG, Research Division
Raj Seth - Cowen and Company, LLC, Research Division
Vishal Shah - Deutsche Bank AG, Research Division
Good morning. My name is Katie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q1 2012 earnings conference call. [Operator Instructions] Andrew Blanchard, you may begin your conference.
Andrew J. Blanchard
Thank you, Katie. Good morning, everyone, and welcome to our discussion of Teradyne's most recent financial results. I'm joined this morning by our Chief Executive Officer, Mike Bradley; and our Chief Financial Officer, Greg Beecher.
Following our opening remarks, we'll provide details of our performance for the first quarter of 2012, as well as our outlook for the second quarter.
First, I'd like to address several administrative issues. The press release containing our most recent financial results was sent out via Business Wire last evening. Copies are available at teradyne.com, where this call is also being simulcast.