Oclaro, Inc. (OCLR) F4Q10 (Qtr End 07/03/10) Earnings Call Transcript July 29, 2010 4:30 pm ET Executives Jim Fanucchi – IR Jerry Turin – CFO Alain Couder – President and CEO Analysts Alex Henderson – Miller Tabak Kevin Dennean – Citi Investment Research Paul Bonenfant – Morgan Keegan Subu Subrahmanyan – Sanders Morris Hamed Khorsand – BWS Financial PresentationOperator
Good afternoon and welcome to the Oclaro fourth quarter fiscal year 2010 financial results conference call. As a reminder, this conference call is being recorded for replay purposes through August 5, 2010. At this time, I would like to turn the call over to Jim Fanucchi of the Summit IR Group. Please go head, sir. Jim Fanucchi Thank you, operator. And thanks to all of you for joining us. Our speakers today are Alain Couder, President and CEO, and Jerry Turin, Chief Financial Officer of Oclaro. Today's statements made about management's future expectations, plans or prospects of Oclaro and its business, including statements concerning future financial targets and financial guidance, potential merger-related synergies and cost savings and Oclaro's plans, objectives, expectations and intentions with respect to future operations, financial objectives, products and growth opportunities and any assumptions underlying these statements, constitute forward-looking statements for the purposes of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including the impact of continued uncertainty in world financial markets and the resulting reduction in demand for our products, competition in the market for Oclaro’s products and services, the future performance of Oclaro following the closing of the mergers with Avanex Corporation, Xtellus Incorporated and Mintera Corporation and the Spectra-Physics asset swap, the inability to realize the expected benefits and synergies as a result of the mergers with Avanex, Xtellus and Mintera and the Spectra-Physics asset swap, increased costs related to downsizing and compliance with regulatory compliance in connection with such downsizing, the lack of availability of credit or opportunity for equity-based financings, as well as the factors described in Oclaro's most recent annual report on Form 10-K, most recent quarterly reports on Form 10-Q, and other documents we periodically file with the SEC.