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July 26, 2012 6:00 p.m. EDT
Janet Point – EVP, Communications and IR
Bill Merritt – President and CEO
Rich Brezski – CFO
Scott McQuilkin – Senior EVP – Strategy and Finance
Charlie Anderson – Dougherty & Co.
Daniel Bretthauer – MDC Financial Research
Ron Shuttleworth – M Partners
Jonathon Skeels – Davenport & Co.
Sheru Chowdhry – Paulson & Co.
Tim Quillin – Stephens Inc.
Good day, ladies and gentlemen, and welcome to the InterDigital Second Quarter Earnings Conference. Just a reminder that today's call is being recorded.
At this time, I would like to turn the conference over to Ms. Janet Point. Please go ahead, ma'am.
All right. Thank you very much and good evening to everyone and welcome to InterDigital's second quarter 2012 earnings conference call. With me this evening on the call are Bill Merritt, our President and CEO; Scott McQuilkin, our Senior EVP of Strategy and Finance; and Rich Brezski, our Chief Financial Officer.
Consistent with last quarter's call, we'll offer some highlights about the quarter and the company and then open up the call for questions.
Before we begin our remarks, I need to remind you that in this call we will be making forward-looking statements regarding our current beliefs, plans and expectations which are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results and events to differ materially from results and events contemplated by such forward-looking statements. These risks and uncertainties include those set forth in our earnings press release published today as well as those detailed in our Annual Report on Form 10-K for the year ended December 31, 2011, and from time to time in our other filings with the Securities and Exchange Commission.