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Garmin Management Discusses Q2 2012 Results - Earnings Call Transcript

Garmin (GRMN)

Q2 2012 Earnings Call

August 01, 2012 10:30 am ET

Executives

Kerri Thurston - Director of Investor Relations

Clifton A. Pemble - President, Chief Operating Officer, Director, President of Garmin International Inc, President of Garmin USA Inc and President of Garmin AT Inc

Kevin S. Rauckman - Chief Financial Officer, Principal Accounting Officer, Treasurer, Treasurer of Garmin International Inc, Treasurer of Garmin Usa Inc, Director of Garmin International Inc and Director of Garmin Usa Inc

Analysts

Mark Sue - RBC Capital Markets, LLC, Research Division

John F. Bright - Avondale Partners, LLC, Research Division

Yair Reiner - Oppenheimer & Co. Inc., Research Division

Scott P. Sutherland - Wedbush Securities Inc., Research Division

Charles L. Anderson - Dougherty & Company LLC, Research Division

Simona Jankowski - Goldman Sachs Group Inc., Research Division

James E. Faucette - Pacific Crest Securities, Inc., Research Division

Jonathan Goldberg - Deutsche Bank AG, Research Division

Richard Valera - Needham & Company, LLC, Research Division

Michael Holt - Morningstar Inc., Research Division

Presentation

Operator

Good day, and welcome, everyone, to the Garmin Ltd. Second Quarter 2012 Earnings Conference Call. Today's call is being recorded. At this time, I'd like to turn the conference over to Kerri Thurston. Please go ahead, ma'am.

Kerri Thurston

Thank you, and good morning, everyone. We'd like to welcome you to Garmin Ltd. Second Quarter 2012 Earnings Call. Please note that a copy of the press release concerning this earnings call is available at Garmin's Investor Relations site on the Internet at www.garmin.com/stock. Additionally, this call is being broadcast live on the Internet. Please note that this webcast does include slides, which can be viewed during this call. An archive of the webcast will be available until October 1, and a transcript to the call will be available on the website under the Events calendar.

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