QLogic Corp. (QLGC) Q1 2011 Earnings Call July 22, 2010 5::00 PM ET Executives Simon Biddiscombe – Chief Financial Officer H. K. Desai – Chief Executive Officer Analysts Paul Mansky – Canaccord Amit Daryanani – RBC Capital Markets Aaron Rakers – Stifel Nicolaus Min Park – Goldman Sachs Brent Bracelin – Pacific Crest Mark Moskowitz – J.P. Morgan Keith Bachman – Bank of Montreal Rajesh Ghai – ThinkEquity Katy Huberty – Morgan Stanley Kaushik Roy – Wedbush Munjal Shah – Jefferies PresentationOperator Good day. And welcome to the First Quarter Fiscal Year ‘11 QLogic Earnings Announcement Conference Call. Today’s call is being recorded. And now at this time, I’d like to turn the conference over to Simon Biddiscombe, Chief Financial Officer. Please go ahead. Simon Biddiscombe
Thank you, Anthony. Good afternoon. And welcome to QLogic’s first quarter fiscal year 2011 earnings conference call. Joining me on the call today is H. K. Desai, our Chief Executive Officer. I will begin the call with a review of the first quarter financial results. H.K. will follow with a discussion of the current state of our business and progress on our strategic initiatives. Afterwards, we will open the call for questions. Certain of our comments today will include forward-looking statements regarding future events and/or projections of the financial performance of the company based on our current expectations. These comments are subject to significant risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements. We refer you to the documents QLogic files with the SEC, specifically our most recent Forms 10-K. These documents identify important risk factors that could cause our actual results to differ materially from expectations. We do not intend to update the forward-looking statements that we make today.