Q2 2012 Earnings Call
July 11, 2012 10:30 am ET
Thomas R. Stanton - Chairman of the Board and Chief Executive Officer
James E. Matthews - Chief Financial Officer, Principal Accounting Officer, Senior Vice President of Finance, Treasurer, Secretary and Executive Director
Sanjiv Wadhwani - Stifel, Nicolaus & Co., Inc., Research Division
Jim Suva - Citigroup Inc, Research Division
Michael Genovese - MKM Partners LLC, Research Division
Mark McKechnie - ThinkEquity LLC, Research Division
Simon M. Leopold - Raymond James & Associates, Inc., Research Division
Ehud Gelblum - Morgan Stanley, Research Division
Richard Valera - Needham & Company, LLC, Research Division
Jonathan Kees - Capstone Investments, Research Division
Eric A. Ghernati - BofA Merrill Lynch, Research Division
Jeffrey T. Kvaal - Barclays Capital, Research Division
Blair King - Avondale Partners, LLC, Research Division
Ladies and gentlemen, thank you for standing by, and welcome to the ADTRAN's Second Quarter 2012 Earnings Release Conference Call. [Operator Instructions] During the course of the conference call, ADTRAN representatives expect to make forward-looking statements, which reflect management's best judgment based on factors currently known. However, these statements involve risks and uncertainty, including the successful development and market acceptance of core products, the degree of competition in the market for such products, the product and channel mix, component costs, manufacturing efficiencies and other risks detailed in our Annual Report on Form 10-K for the year ended December 31, 2011, and Form 10-Q for the quarter ended March 31, 2012. These risks and uncertainties could cause actual results to differ materially from those in forward-looking statements, which may be made during the call.
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