CEVA's CEO Discusses Q1 2012 Results - Earnings Call Transcript


Q1 2012 Earnings Conference Call

May 2, 2012 08:30 AM ET


Gideon Wertheizer – Chief Executive Officer

Yaniv Arieli – Chief Financial Officer

Richard Kingston – Director, Marketing and IR


Gary Mobley - The Benchmark Company

Suji De Silva - ThinkEquity

Jay Srivatsa - Chardan Capital Markets

Anil Doradla - William Blair & Company

Joseph Wolf - Barclays Capital

Daniel Meron – RBC Capital Markets

Matthew Robinson - Wunderlich Securities, Inc

Daniel Gelbtuch - Cantor Fitzgerald



Good morning and welcome to the CEVA Inc First Quarter 2012 Earnings Conference call. All participants will be in listen-only mode. (Operator Instructions) After today’s presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note this event is being recorded.

I’d now like to turn the conference over to Richard Kingston. Please go ahead.

Richard Kingston

Thank you and good morning everyone. Welcome to CEVA’s first quarter 2012 earnings conference call. I’m joined today by Gideon Wertheizer, Chief Executive Officer of CEVA and Yaniv Arieli, Chief Financial Officer of CEVA. Gideon will cover the business aspects and the highlights from the quarter and Yaniv will then cover the financial results for the first quarter of 2012 and will provide financial guidance for the second quarter and fiscal 2012.

I’ll start with the forward-looking statements.

Today’s conference call contains forward-looking statements that involve risks and uncertainties, as well as assumptions that if they materialize or prove incorrect, could cause the results of CEVA to differ materially from those expressed or implied by such forward-looking statements and assumptions.

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