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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
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.
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 affymetrix.com.
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