Network Equipment Technologies, Inc. ( NWK)

F3Q2011 Earnings Call Transcript

February 1, 2011 5:00 pm ET


Leigh Salvo – IR

David Wagenseller – VP, Finance and CFO

Nick Keating – President and CEO


Jim Gentrup – Discovery Investments

Peter Conrad – Kopp Investment Advisors

Jack Morbeck – First Washington Corporation

John Nelson [ph] – King and Associates [ph]



Good day, ladies and gentlemen, and welcome to the Network Equipment Technologies third quarter fiscal 2011 conference call. My name is Jonathan, and I will be your operator for today. At this time, all participants are in a listen-only mode. We will be conducting a question-and-answer session towards the end of this conference. (Operator instructions) I now like to hand the call off to Ms. Leigh Salvo with Investor Relations. Please proceed, ma'am.

Leigh Salvo

Thank you. Welcome everyone to our call this afternoon during which we will discuss results for Network Equipment Technologies third quarter of fiscal 2011. With me today are Nick Keating, President and CEO; and David Wagenseller, Vice President and CFO.

In keeping with the Safe Harbor provisions of the Private Securities Litigation Reform Act, I want to remind everyone that we will be making some forward-looking statements and projections today, including those relating to future revenue, operating results and financial conditions.

Investors are cautioned that these statements are based on a current estimates and assumptions that involve risks and uncertainties that might cause actual results to differ materially from those expressed or implied in the forward-looking statements.

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