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August 01, 2012 4:30 pm ET
Debra Hart - Director of Investor Relations
Patrick C. Henry - Chief Executive Officer, President and Director
David Lyle - Chief Financial Officer
Ruben Roy - Mizuho Securities USA Inc., Research Division
Blayne Curtis - Barclays Capital, Research Division
Gary W. Mobley - The Benchmark Company, LLC, Research Division
Anthony J. Stoss - Craig-Hallum Capital Group LLC, Research Division
William S. Harrison - Wunderlich Securities Inc., Research Division
Hamed Khorsand - BWS Financial Inc.
Rajvindra S. Gill - Needham & Company, LLC, Research Division
Aalok K. Shah - D.A. Davidson & Co.
Tore Svanberg - Stifel, Nicolaus & Co., Inc., Research Division
Alex Gauna - JMP Securities LLC, Research Division
Krishna Shankar - Roth Capital Partners, LLC, Research Division
Good day, ladies and gentlemen, and welcome to the Q2 2012 Entropic Communication Earnings Conference Call. My name is Claire, and I'll be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.
I would now like to turn the call over to Ms. Debbie Hart, Director, Investor Relations. Please proceed, ma'am.
Thank you, Claire, and good afternoon, everyone. Participating in today's call are Patrick Henry, President and CEO; and Dave Lyle, our Chief Financial Officer. During the call, Patrick and Dave will present our quarter results and our short-term outlook, and then we'll open it up for questions.
Throughout this call, we will be discussing certain non-GAAP financial measures. Today's earnings release and the related report on Form 8-K describe the differences between our non-GAAP and GAAP reporting and present a reconciliation between the 2 for the periods reported in the release. We've also posted a schedule on the Investor Section of our website, which includes our quarterly reconciliation of our GAAP to non-GAAP gross margins, operating expenses and taxes.