This Day On The Street
Continue to site
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

Affymetrix Management Discusses Q2 2012 Results - Earnings Call Transcript

Affymetrix (AFFX)

Q2 2012 Earnings Call

July 31, 2012 5:00 pm ET


Doug Farrell - Vice President of Investor Relations

Franklin R. Witney - Chief Executive Officer, President and Director

Timothy C. Barabe - Chief Financial Officer, Principal Accounting Officer and Executive Vice President


Matthew M. Notarianni - Robert W. Baird & Co. Incorporated, Research Division

David C. Clair - Piper Jaffray Companies, Research Division

Aaron Gorin - Morgan Stanley, Research Division

Joel Kaufman - Goldman Sachs Group Inc., Research Division

Eric Criscuolo - Mizuho Securities USA Inc., Research Division

Rafael Tejada

Zarak Khurshid - Wedbush Securities Inc., Research Division

Shaun Rodriguez - Cowen and Company, LLC, Research Division



Greetings, and welcome to the Affymetrix Second Quarter 2012 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Doug Farrell, Vice President of Investor Relations for Affymetrix. Thank you, Mr. Farrell. You may begin.

Doug Farrell

Thank you, operator. Good afternoon, everyone. Welcome to Affymetrix's Second Quarter 2012 Conference Call. At the close of the market today, we released our operating results for the second quarter. If you haven't had a chance to review the second quarter press release yet, you can obtain one from our website at

Joining me on the call today are Frank Witney, our CEO and President; as well as Tim Barabe, our Chief Financial Officer. I'd like to remind callers that our discussion may include forward-looking statements about the company's future expectations, plans and prospects. We believe these statements are based on reasonable assumptions, but actual results may differ materially from those indicated. Important factors, which could cause actual results to differ from those in our forward-looking statements, are detailed in our filings with the

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,821.22 +31.03 0.18%
S&P 500 1,980.36 +0.44 0.02%
NASDAQ 4,742.5220 -5.8390 -0.12%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs