Trimble Navigation's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Trimble Navigation Limited ( TRMB)

Q4 2011 Earnings Call

February 2, 2012 4:30 p.m. ET

Executives

Willa McManmon – Director, Investor Relations
Steven Berglund – President and Chief Executive Officer
Rajat Bahri – Chief Financial Officer

Analysts

Michael Cox - Piper Jaffray

Andrea James - Dougherty & Company

Ajit Pai - Stifel Nicolaus

Jonathan Ho - William Blair & Company

Jonathan Goldberg - Deutsche Bank

Ryan Connors - Janney Montgomery

Tavis McCourt - Morgan Keegan

Jeff Rath - Canaccord Adams

Eli Lustgarten - Longbow Research

Alex Blanton - Clear Harbor Asset Management

Presentation

Operator

Good afternoon. My name is Marvin and I will be your conference operator today. At this time I would like to welcome everyone to the Q4 and Year End 2011 Conference Call. (Operator instructions) I’ll now hand the call over to our host, Ms. Willa McManmon. Ma’am, you may begin.

Willa McManmon

Thank you. Good afternoon.

Before we begin, I’d like to remind you that the forward-looking statements made in today’s call and the subsequent Q&A period are subject to risks and uncertainties. Trimble’s actual results may differ materially from those currently anticipated due to a number of factors detailed in the Company’s Form 10-Ks and 10-Qs or other documents filed with the Securities and Exchange Commission.

During this call, we will refer to a press release. The press release and additional financial statements are posted on our website at www.trimble.com. The non-GAAP measures discussed in the call are reconciled to GAAP measures in the tables to our press releases.