NVE Corporation ( NVEC)

F2Q 2011 Earnings Call

October 19, 2011 5:00 pm ET


Daniel A. Baker – President, Chief Executive Officer, Director

Curt A. Reynders – Chief Financial Officer, Treasurer & Secretary


Steven Crowley – Craig-Hallum Capital

Patrick Kirksey – Perimeter Capital

Jon Jung – Trailhead Asset



Good day, ladies and gentlemen. And welcome to the 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 on how to participate will be given at that time. (Operator Instructions) And as a reminder, today’s conference call is being recorded.

Now, I would like to turn the conference over to your host Daniel Baker.

Daniel A. Baker

Good afternoon and welcome to our conference call for the quarter ended September 30, 2011, the second quarter of fiscal 2012. As always, I’m joined by Curt Reynders, our Chief Financial Officer.

This call is being webcast 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, I will cover business items and we will open the call to questions.

We filed our press release with quarterly results plus 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 and our 10-Q includes XPRL format data.

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 and continued profitability, uncertainties related to future revenue and growth, risks related to developing marketable products, uncertainties relating to the revenue potential of new products, risks related to loss of supply from our packaging vendors, 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 in Part II, Item 1A of our just filed quarterly report on Form 10-Q. The company undertakes no obligation to update forward-looking statements we may make.

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