Brocade Communications Systems' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Brocade Communications Systems (BRCD)

Q1 2012 Earnings Call

February 21, 2012 5:30 pm ET

Executives

Robert Eggers -

Michael Klayko - Chief Executive Officer, Director And Chairman Of Corporate Development Committee

Daniel W. Fairfax - Chief Financial Officer, Principal Accounting Officer and Vice President of Finance

Ian Whiting - Senior Vice President of Worldwide Sales and Marketing

Jason Nolet -

John P. McHugh - Chief Marketing Officer and Vice President

Dave Stevens - Former Chief Technology Officer

Analysts

Jess L. Lubert - Wells Fargo Securities, LLC, Research Division

Mark Sue - RBC Capital Markets, LLC, Research Division

Jayson Noland - Robert W. Baird & Co. Incorporated, Research Division

Jack Monti - UBS Investment Bank, Research Division

Nikos Theodosopoulos - UBS Investment Bank, Research Division

Brian T. Modoff - Deutsche Bank AG, Research Division

Kent Schofield - Goldman Sachs Group Inc., Research Division

Matthew S. Robison - Wunderlich Securities Inc., Research Division

Andrew J. Nowinski - Piper Jaffray Companies, Research Division

Rohit N. Chopra - Wedbush Securities Inc., Research Division

Rajesh Ghai - ThinkEquity LLC, Research Division

Scott Schmitz - Morgan Stanley, Research Division

Erik Suppiger - JMP Securities LLC, Research Division

Jung Pak

Joanna Makris - Mizuho Securities USA Inc., Research Division

Stephen Patel - ISI Group Inc., Research Division

Presentation

Operator

Good day, ladies and gentlemen. Thank you for standing by, and welcome to Brocade's First Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. And I would now like to turn the program over to our speaker, Rob Eggers, Vice President of Investor Relations of Brocade. Sir, please go ahead.

Robert Eggers

Thank you, Jamie. Good afternoon, and welcome to Brocade's Q1 Earnings Call. By now, you should have seen our press release and prepared comments, which are available on our website, brcd.com. The press release is also distributed by MarketWire and furnished to the SEC. Before we take your questions, investors should note our comments today may include forward-looking statements regarding Brocade's financial results, plans, market opportunities and business outlooks, which are only predictions and involve risks and uncertainties such that actual results may vary significantly. These and other risks are set forth in more detail on our Form 10-K for the fiscal year ended October 29, 2011.

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