Lam Research (LRCX) Q1 2012 Earnings Call October 19, 2011 5:00 pm ET Executives Martin B. Anstice - President and Chief Operating Officer Stephen G. Newberry - Vice Chairman and Chief Executive Officer Ernest E. Maddock - Chief Financial Officer, Chief Accounting Officer, Senior Vice President and Head of Silfex Incorporated Shanye Hudson - Director of Investor Relations Analysts Benedict Pang - Caris & Company, Inc., Research Division Stephen Chin - UBS Investment Bank, Research Division Wenge Yang - Oppenheimer James Covello - Goldman Sachs Group Inc., Research Division Christopher J. Muse - Barclays Capital, Research Division Satya Kumar - Crédit Suisse AG, Research Division Krish Sankar - BofA Merrill Lynch, Research Division Edwin Mok - Needham & Company, LLC, Research Division Patrick J. Ho - Stifel, Nicolaus & Co., Inc., Research Division Atif Malik - Morgan Stanley, Research Division PresentationOperator
Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Lam Research Corporation September 2011 Quarterly Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Shanye Hudson, Director of Investor Relations. Please go ahead. Shanye Hudson Thank you, Alicia. Good afternoon, everyone, and welcome to Lam Research Corporation's Quarterly Conference Call. With me today are Steve Newberry, Chief Executive Officer and Vice Chairman of the Board; Martin Anstice, President and Chief Operating Officer; and Ernie Maddock, Senior Vice President and Chief Financial Officer. Shortly, Ernie will discuss financial results for the September 2011 quarter. Steve will then share Lam's business outlook for the December 2011 quarter before opening up the call for Q&A.