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August 7, 2012 5:00 pm ET
Annie Leschin – Investor Relations
Ronald A. Sege – Chairman, President and Chief Executive Officer
William R. Slakey – Executive Vice President and Chief Financial Officer
Joe Maxa – Dougherty & Co. LLC
Colin W. Rusch – ThinkEquity LLC
Craig E. Irwin – Wedbush Securities, Inc
Sean K. F. Hannan – Needham & Co. LLC
Scott Reynolds – Jefferies & Co., Inc.
Pavel Molchanov – Raymond James & Associates
Paul Coster – JPMorgan Securities LLC
Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 Echelon Corporation Earnings Conference Call. As a reminder, this conference is being recorded for replay purposes. At this time, all participants are in listen-only mode. (Operator instructions) We will be facilitating a question-and-answer session following the presentation.
I would now like to turn the presentation over to your host for today’s call Annie Leschin from Investor Relations. Please proceed.
Thank you, operator. Hello, everyone, and thank you for joining us this afternoon for Echelon’s second quarter 2012 earnings conference call. With me today are Ron Sege, Chairman and Chief Executive Officer; Bill Slakey, Executive Vice President and CFO; both of whom will present prepared remarks
By now, you should have received a copy of the press release that we issued a while ago. If you would like a copy, please visit our website at www.echelon.com. Additionally, we will refer to a set of slides that we have posted on the IR section of our website to help walk through the quarter’s results and our outlook for the market.