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QuickLogic's CEO Discusses Q2 2012 Results - Earnings Call Transcript

QuickLogic Corporation (QUIK)

Q2 2012 Earnings Conference Call

July 31, 2012 17:30 ET

Executives

Andy Pease – Chief Executive Officer

Ralph Marimon – Chief Financial Officer

Brian Faith – Vice President, Worldwide Sales and Marketing

Analysts

Krishna Shankar – Roth Capital

Quinn Bolton – Needham & Company

Brian Coleman – Hawk Hill Asset Management

Bob West – NI Technical Research

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the QuickLogic Corporation Second Quarter 2012 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will be given at that time. (Operator Instructions) As a reminder, this conference is being recorded.

Your host for today’s conference will be Andy Pease, CEO; Ralph Marimon, CFO; and Brian Faith, VP of Worldwide Sales and Marketing. I would now like to hand the call over to Ralph Marimon.

Ralph Marimon – Chief Financial Officer

Thank you and good afternoon. Before we get started, let me take a moment to read our Safe Harbor statement. During this call, we will make statements that are forward-looking. These forward-looking statements involve risks and uncertainties, including but not limited to stated expectations relating to revenue from our new and mature products, statements pertaining to our design activity and our ability to convert new design opportunities into customer activity, market acceptance of our customer’s products, our expected results, and our financial expectations for revenue, gross margin, operating expenses, profitability and cash.

QuickLogic’s future results could differ materially from the results described in these forward-looking statements. We refer you to the risk factors listed in our Annual Report on Form 10-K, quarterly reports on Form 10-Q and prior press releases for a description of these and other risk factors. QuickLogic assumes no obligation to update any such forward-looking statements. This conference call is open to all and is being webcast live.

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