PMC-Sierra's CEO Discusses Q1 2012 Results - Earnings Call Transcript

PMC-Sierra (PMCS)

Q1 2012 Earnings Call

April 30, 2012 4:30 pm ET

Executives

Jennifer Gianola -

Gregory S. Lang - Chief Executive Officer, President and Director

Michael W. Zellner - Chief Financial Officer, Principal Accounting Officer and Vice President of Finance

Analysts

James Schneider - Goldman Sachs Group Inc., Research Division

Ruben Roy - Mizuho Securities USA Inc., Research Division

Kevin Cassidy - Stifel, Nicolaus & Co., Inc., Research Division

Harlan Sur - JP Morgan Chase & Co, Research Division

Brendan Oliver Furlong - Miller Tabak + Co., LLC, Research Division

David Wu

Sundeep Bajikar - Jefferies & Company, Inc., Research Division

William S. Harrison - Wunderlich Securities Inc., Research Division

Srini Pajjuri - Credit Agricole Securities (USA) Inc., Research Division

Presentation

Operator

Welcome to the PMC-Sierra First Quarter 2012 Earnings Conference Call. My name is Christine, and I will be your operator for today's conference. [Operator Instructions] Please note, today's conference is being recorded. I will now turn the call over to Director of Investor Relations, Jennifer Gianola. You may begin.

Jennifer Gianola

Thank you, operator. Good afternoon, everyone, and thank you for joining the call. With me today are Greg Lang, President and CEO; and Mike Zellner, Vice President and CFO. Greg will begin the call with a discussion of the business and key highlights from the first quarter 2012, and Mike will then discuss the financial results for the first quarter 2012 and the business outlook for the second quarter of 2012.

Please note that our first quarter 2012 earnings release was disseminated today via BusinessWire after market close, and a copy of the release can be downloaded from our website.

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