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Millennial Media's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stock quotes in this article: MM 

Millennial Media, Inc. (MM)

Q2 2012 Earnings Results Conference

August 8, 2012 05:00 PM ET

Executives

Paul J. Palmieri - President, CEO and Director

Michael Avon - CFO and EVP

Andrew J. Jeanneret - SVP-Accounting and Controller

Analysts

Jordan Monahan – Morgan Stanley & Co.

Heath Terry - Goldman Sachs Group Inc., Research Division

Mark May - Barclays Capital Inc.

Jordan Rohan - Stifel, Nicolaus & Co., Inc., Research Division

Jason Helfstein - Oppenheimer & Co. Inc., Research Division

Michael Graham - Canaccord Genuity Inc.

Robert Coolbrith - ThinkEquity LLC

Rory Maher - Capstone Investments

Presentation

Operator

Good day ladies and gentlemen and welcome to the Second Quarter 2012 Millennial Media Earnings Conference Call. My name is Jeff and I will be your coordinator for today. At this time, all participants are in a listen-only mode. Later, we will facilitate a question-and-answer session. (Operator Instructions) As a reminder, today’s conference call is being recorded for replay purposes.

I’d now like to turn the conference over to your host for today, Mr. Andrew Jeanneret, Chief Accounting Officer. And you have the floor sir.

Andrew J. Jeanneret

Good afternoon and welcome to Millennial Media’s call for the second quarter ended June 30, 2012. Before we begin, I’d like to remind you that during this call, we will make forward-looking statements which may include projected financial results or operating metrics, business strategies, anticipated future products or services, anticipated market demand or opportunities and other forward-looking topics. These statements are subject to risks, uncertainties and assumptions. Accordingly, actual results could differ materially from the results discussed in the forward-looking statements.

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