FleetCor Technologies' CEO Discusses Q1 2012 Results - Earnings Call Transcript

FleetCor Technologies, Inc. (FLT)

Q1 2012 Earnings Call

May 9, 2012 5:00 pm ET

Executives

Eric Dey - CFO

Ron Clarke - Chairman, President and CEO

Analyst

Philip Stiller - Citi

Glenn Fodor - Morgan Stanley

Roman Leal - Goldman Sachs

Tien-Tsin Huang - JPMorgan

Wayne Johnson - Raymond James

Presentation

Operator

Welcome to the FleetCor Technologies, Inc., first quarter earnings conference call. (Operator Instructions) At this time, I'd like to turn the conference over to Eric Dey, Chief Financial Officer.

Eric Dey

Good afternoon, everyone, and thank you for joining us today. By now, everyone should have access to our first quarter 2012 press release. It can also be found at www.fleetcor.com under the Investor Relations section.

Throughout this conference call, we will be presenting non-GAAP financial information, including adjusted revenues and adjusted net income. This information is not calculated in accordance with GAAP and may be calculated differently than other companies similarly titled non-GAAP information. Quantitative reconciliations of historical non-GAAP financial information to the most directly comparable GAAP information appears in today's press release and on our website as described previously. Also, we are reviewing 2012 guidance on a non-GAAP basis.

Finally, before we begin our formal remarks, I need to remind everyone that part of our discussion today will include forward-looking statements. This includes forward-looking statements about our 2012 guidance. They are not guarantees of future performance and therefore you should not put any undue reliance on them. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Some of those risks are mentioned in today's 8-K filed with the Securities and Exchange Commission. Others are discussed in our Form 8-K, which is available at www.sec.gov.

If you liked this article you might like

Market Recon: The Direction of Oil Has Been Somewhat Shocking

Energy Sector Down After the Energy Information Administration reported Oil Inventory Build-up

Diversity Measures on Corporate Boards Have a Breakout Year

Trade-Ideas: Fleetcor Technologies (FLT) Is Today's Post-Market Leader Stock

Analysts' Actions -- Energizer, HollyFrontier, Oracle, Pinnacle Foods and More