Q2 2012 Earnings Call
July 26, 2012 5:00 pm ET
Stephanie Wakefield - Vice President of Investor Relations
Sohaib Abbasi - Chairman, Chief Executive Officer and President
Earl E. Fry - Chief Financial Officer, Chief Administration Officer, Principal Accounting Officer, Executive Vice President of Global Customer Support and Secretary
Brent Thill - UBS Investment Bank, Research Division
Mark R. Murphy - Piper Jaffray Companies, Research Division
Raimo Lenschow - Barclays Capital, Research Division
Edward Maguire - Credit Agricole Securities (USA) Inc., Research Division
Tom Roderick - Stifel, Nicolaus & Co., Inc., Research Division
Michael Turits - Raymond James & Associates, Inc., Research Division
Nathan Schneiderman - Roth Capital Partners, LLC, Research Division
Stewart Materne - Evercore Partners Inc., Research Division
Karl Keirstead - BMO Capital Markets U.S.
Michael B. Nemeroff - Crédit Suisse AG, Research Division
Aaron Schwartz - Jefferies & Company, Inc., Research Division
Kash G. Rangan - BofA Merrill Lynch, Research Division
James Derrick Wood - Susquehanna Financial Group, LLLP, Research Division
Shaul Eyal - Oppenheimer & Co. Inc., Research Division
Good afternoon. My name is Christian, and I will be your conference operator today. At this time, I would like to welcome everyone to the Informatica Second Quarter 2012 Earnings Release Conference Call. [Operator Instructions] Thank you. I'll now turn over the call over to our host, Ms. Stephanie Wakefield. Madam, you may begin your conference.
Good afternoon, and thank you for joining us today. I'm here with Sohaib Abbasi, our CEO; and Earl Fry, our CFO, to discuss our Q2 2012 results and to talk about our outlook for the business. I'll read the Safe Harbor and then hand it over to Sohaib for his comments. Some of the comments we will make today are forward-looking statements, including statements concerning our projected financial results for future periods, our growth and operational strategies, our key initiatives to address recent operational challenges, our marketing growth opportunities, our ability to scale our business, our technology leadership and product development, our product portfolio and product opportunities, customer adoption of and demand for our products and services, including product upgrades, new releases and new products, the expected use of and benefits of our products and services, the expected benefits from our partnerships and acquisitions, the effective tax rates and income tax provisions, our pipeline conversion rates, our hiring plans, our international and public sector businesses, and our expectations regarding industry trends and macroeconomic developments. All forward-looking statements are based upon current expectations and beliefs. However, actual results could differ materially. There are many reasons why actual results may differ from our current expectations. These forward-looking statements should not be relied upon as representing our views as of any subsequent date, and Informatica undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date that they are made. Please refer to our recent SEC filings, including our quarterly report on Form 10-K and Q for our quarter ended March 31, 2012, for a detailed description of the risk factors that may affect our results. Copies of these documents may be obtained from the SEC or by contacting our Investor Relations Department. During this afternoon's discussion, we will be using GAAP and non-GAAP numbers. Our GAAP results and the reconciliation of the GAAP results to the non-GAAP results are attached in the earnings press release and are also available in the Supplemental Metrics section of our Informatica Investor Relations website. Before I hand it off to Sohaib, I'd like to remind you that this call is being webcast and will also be available for replay at www.informatica.com/investor [Operator Instructions] Sohaib?