LSI Corporation (LSI) Q2 2010 Earnings Call July 28, 2010 5:00 p.m. ET Executives Sujal Shah - VP, IR Abhi Talwalkar - President & CEO Bryon Look - EVP & CFO Analysts James Schneider - Goldman Sachs Parag Agarwal - UBS Blayne Curtis - Jefferies Srini Pajjuri - CLSA Daniel Amir - Lazard Capital Markets Craig Berger - FBR Capital Markets Kaushik Roy - Wedbush Sumit Dhanda - Bank of America Sukhi Nagesh - Deutsche Bank Harlan Sur - JPMorgan Sanjay Devgan - Morgan Stanley Christian Schwab - Craig-Hallum Capital Group PresentationOperator
Ladies and gentlemen, thank you for standing by. Welcome to the LSI Corporation Investor Relations Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given at that time. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Sujal Shah, Vice President of Investor Relations at LSI. Please go ahead. Sujal Shah Good afternoon and thank you for joining us. It looks like we had some technical difficulties to start the call, so we apologize for that. But we're going to get going I knew some folks are still dialing in as we speak, but with me today are Abhi Talwalkar, President and Chief Executive Officer; and Bryon Look, Executive Vice President and Chief Financial Officer. Abhi will begin the call with some opening remarks and highlights from our business and then Bryon will provide results and guidance for the third quarter of 2010. During this call, we will be mentioning non-GAAP financial measures which we may refer to as results excluding special items. Today's earnings release describes the differences between our non-GAAP and GAAP reporting. You can find reconciliations of our non-GAAP financial measures to corresponding GAAP amounts on our website at www.lsi.com/webcast.