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Power-One Management Discusses Q2 2012 Results - Earnings Call Transcript

Power-One (PWER)

Q2 2012 Earnings Call

July 26, 2012 5:00 pm ET

Executives

Larry Clark

Richard J. Thompson - Chief Executive Officer, President and Director

Gary R. Larsen - Chief Financial Officer, Principal Accounting Officer, Senior Vice President of Finance, and Treasurer

Analysts

Amir Rozwadowski - Barclays Capital, Research Division

Zach Larkin - Stephens Inc., Research Division

Jesse Pichel - Jefferies & Company, Inc., Research Division

Colin W. Rusch - ThinkEquity LLC, Research Division

Shawn E. Lockman - Piper Jaffray Companies, Research Division

Kelly A. Dougherty - Macquarie Research

Pavel Molchanov - Raymond James & Associates, Inc., Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Power-One Inc. Second Quarter 2012 Earnings Results Conference Call. This call is being recorded. At this time, for opening remarks and introductions, I'd like to turn the call over to Mr. Larry Clark, Investor Relations for Power-One. Mr. Clark, please go ahead, sir.

Larry Clark

Good afternoon, everyone. Thank you for joining us today to discuss Power-One's 2012 second quarter results. Joining me today are Richard Thompson, Chief Executive Officer; and Gary Larsen, Chief Financial Officer. By now, you should have received a copy of today's press release. If not, it is available on the company's website at www.power-one.com.

In addition, this quarter, we are including an accompanying slide presentation that you can refer to during the call. You can access these slides in the Investor Relations section of the website.

Before we begin, I would like to remind you that this conference call may contain forward-looking statements, reflecting Power-One's views of future events, projections or expectations. Any such forward-looking statements may deal with or include matters which involve risks and uncertainties. Power-One's actual results may differ materially from those results as discussed or information provided in the forward-looking statements. We refer you to the company's reporting documents as filed with the SEC for a discussion of the risk factors that may have a material impact on results. Today's call may also contain historical non-GAAP financial measures.

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