NVE Corporation ( NVEC)

F3Q2011 Earnings Call

January 19, 2011 05:00 pm EST


Dan Baker – President and CEO

Curt Reynders – CFO


Steven Crowley - Craig-Hallum Capital

Greg Greenberg - Wells Fargo Advisors

John Young - Trailhead Assets



Good day, ladies and gentlemen, and welcome to NVE conference call on second quarter results. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. (Operator Instructions) And as a reminder, today's call is being recorded. At this time, I would like to turn the conference over the host, President and CEO, Dan Baker. Please begin sir.

Dan Baker

Thank you and good afternoon. Welcome to our conference call for the quarter ended December 31, 2010, the third quarter of fiscal 2011. As always, I am joined by Curt Reynders, our Chief Financial Officer. This call is being web-cast live and being recorded. A replay will be available through our website nve.com.

After my opening comments, Curt will present a financial review of the quarter and nine months. I'll highlight some business items and highlights of calender 2010, and then we'll open the call to questions.

We filed our press release with quarterly results and our quarterly report on Form 10-Q with the SEC in the past hour following the close of market. Both filings are available through our website.

Comments we may make that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties, including among others such factors as risks in continued growth and revenue and profit, uncertainties related to agreements with large customers, uncertainties related to research and development contract funding, risks related to developing marketable products, uncertainties relating to the revenue potential of new products, and uncertainties relating to economic environments as well as the risk factors listed from time-to-time in our filings with the SEC, including our most recent annual report on Form 10-K as updated on our quarterly reports on Form 10-Q, including our quarterly report on Form 10-Q filed this afternoon. The company undertakes no obligation to update forward-looking statements we may make.

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