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Cerner Management Discusses Q2 2012 Results - Earnings Call Transcript

Cerner (CERN)

Q2 2012 Earnings Call

July 26, 2012 4:30 pm ET

Executives

Marc G. Naughton - Chief Financial Officer, Executive Vice President and Treasurer

Zane M. Burke - Executive Vice President of Client Organization

Michael R. Nill - Chief Operating Officer and Executive Vice President

Analysts

Charles Rhyee - Cowen and Company, LLC, Research Division

Atif A Rahim - JP Morgan Chase & Co, Research Division

George Hill - Citigroup Inc, Research Division

Zachary William Sopcak - Morgan Stanley, Research Division

Andrew O'Hara

Jamie Stockton - Wells Fargo Securities, LLC, Research Division

Michael Cherny - ISI Group Inc., Research Division

Sean W. Wieland - Piper Jaffray Companies, Research Division

Alexander Y. Draper - Raymond James & Associates, Inc., Research Division

Nicholas Juhle - Robert W. Baird & Co. Incorporated, Research Division

Presentation

Operator

Good day, ladies and gentlemen. Welcome to Cerner Corporation's Second Quarter 2012 Conference Call. Today's date is July 26, 2012, and this call is being recorded.

The company has asked me to remind you that various remarks made here today by Cerner's management about future expectations, plans, perspectives and prospects constitute forward-looking statements within the meaning of the Federal Securities Laws. Information concerning words intended to identify such forward-looking statements and factors that could cause actual results to differ materially from those in the forward-looking statements may be found under the heading Risk Factors in Cerner's Form 10-K, together with other reports that are furnished to or filed with the SEC.

Please see the company's earnings release that was furnished to the SEC today and posted on the Investors section of cerner.com for a discussion of the risks associated with forward-looking statements, as well as a reconciliation of non-GAAP financial measures discussed in this earnings call.

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