Harmonic's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Harmonic Inc. ( HLIT)

Q4 2011 Earnings Conference Call

January 31, 2011 17:00 ET


Carolyn Aver – Chief Financial Officer

Patrick Harshman – Chief Executive Officer


Mark Sue – RBC Capital Markets

Mark Mckechnie – ThinkEquity

Blair King – Avondale Partners

Larry Harris – CL King & Associates

Simon Leopold – Morgan Keegan

William Stein – Credit Suisse

James Kissner – Jefferies & Company



Good afternoon. My name is (Jarrett) and I will be your conference operator today. At this time, I would like to welcome everyone to the Harmonic Fourth Quarter and Fiscal Year End 2011 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions)

Thank you. I will now turn the call over to Ms. Carolyn Aver, Chief Financial Officer. Ms. Aver, you may begin your conference.

Carolyn Aver Chief Financial Officer

Thank you, operator and good afternoon everyone. I am Carolyn Aver, the CFO at Harmonic. With me at our headquarters in San Jose is Patrick Harshman, our CEO.

I’d like to point out that in addition to the audio portion of this call we have also provided slides, which you can see by going to the harmonicinc.com and clicking on the fourth quarter earnings call button in the Events section of the homepage.

Turning to slide two, let me remind you that during this call, we will provide projections and other forward-looking statements regarding future events or the future financial performance of the company. We must caution you that such statements are only current expectations and that actual events or results may differ materially. We refer you to documents that Harmonic files with the SEC including our most recent 10-Q report and the forward-looking statements section of today’s earnings press release. These documents identify important risk factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements.

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