This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tellabs Management Discusses Q2 2012 Results - Earnings Call Transcript

Tellabs (TLAB)

Q2 2012 Earnings Call

July 27, 2012 10:00 am ET

Executives

Tom Scottino

Michael J. Birck - Founder and Chairman of the Board

Daniel P. Kelly - Acting Chief Executive Officer and Acting President

Andrew B. Szafran - Chief Financial Officer and Executive Vice President

Analysts

Michael Genovese - MKM Partners LLC, Research Division

Mark Sue - RBC Capital Markets, LLC, Research Division

George C. Notter - Jefferies & Company, Inc., Research Division

Jess L. Lubert - Wells Fargo Securities, LLC, Research Division

Simona Jankowski - Goldman Sachs Group Inc., Research Division

Alexander B. Henderson - Needham & Company, LLC, Research Division

Simon M. Leopold - Raymond James & Associates, Inc., Research Division

Ehud Gelblum - Morgan Stanley, Research Division

Rod B. Hall - JP Morgan Chase & Co, Research Division

Greg Mesniaeff - Maxim Group LLC, Research Division

Blair King - Avondale Partners, LLC, Research Division

Jim Suva - Citigroup Inc, Research Division

Tal Liani - BofA Merrill Lynch, Research Division

Amitabh Passi - UBS Investment Bank, Research Division

Presentation

Operator

Good morning. My name is Brooke, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Tellabs Second Quarter 2012 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Tom Scottino, Senior Manager of Investor Relations. Thank you. Mr. Scottino, you may begin your conference.

Tom Scottino

Thank you, and good morning, everyone. With me today are Tellabs' Chairman, Michael Birck; our acting CEO and President, Dan Kelly; and our executive Vice President and CFO, Andrew Szafran. This morning, Mike will begin with a few remarks, Dan will review progress across our 4 operating segments and Andrew will cover the second quarter results and our guidance for the third quarter. After that, we'll open the floor to your questions. Before we do that, I want to say that if you have not seen the news release we issued yesterday after the market closed, you can access it at tellabs.com.

1 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,122.01 +15.31 0.09%
S&P 500 2,000.12 +0.10 0.00%
NASDAQ 4,569.6210 -1.0160 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs