Shutterfly, Inc. (SFLY) Q2 2010 Earnings Call July 28, 2010 05:00 pm ET Executives John Kaelle - VP, IR Jeff Housenbold - CEO Mark Rubash - CFO Analysts Imran Khan - JPMorgan Sandeep Swadia - Jefferies & Co. Mitch Bartlett - Craig Hallum Michael Olson - Piper Jaffray Greg Lazard - Lazard James Cakmak – Sidoti & Company Scott Devitt - Morgan Stanley PresentationOperator
Good day ladies and gentlemen and welcome to the Shutterfly, Inc. second quarter 2010 financial results conference call. At this time all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow with that time. (Operator Instructions) As a reminder this program is being recorded. I would now like to introduce your host for today’s program Mr. John Kaelle of Vice President of Finance for Shutterfly. Sir you may begin. John Kaelle Thank you operator. Good afternoon and welcome to the Shutterfly’s second quarter 2010 conference call. With us today are Jeff Housenbold, Chief Executive Officer for Shutterfly and Mark Rubash, Chief Financial Officer. A press release detailing our results is available on shutterfly.com and an archived copy will be kept on our site. We have also released visuals that we will use to speak out throughout the call. Additionally, within a few hours we will release a recording of this call both in the streaming online format and through a downloadable broadcast. You can access all of these through the Investor Relations section of our website at shutterfly.com. Before we begin, I would like to mention our discussion today will include forward-looking statements within meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking-statements include statements about our business outlook and strategy and statements about historical results that may suggest trends for our business.