Ancestry.com's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Ancestry.com Inc. (ACOM)

Q2 2012 Earnings Call

July 25, 2012, 05:00 p.m. ET

Executives

Aaron Felix – Senior Manager of IR

Timothy Sullivan – President, CEO & Director

Howard Hochhauser – COO & CFO

Analysts

Anil Gupta – Imperial Capital

Martin Pyykkonen – edge Securities

Mark Stephen Mahaney – Citigroup

Gene A. Munster – Piper Jaffray

Presentation

Operator

Good day, everyone and welcome to the Ancestry.com Second Quarter 2012 Earnings Call. As a reminder, today’s conference call is being recorded.

At this time, I would like to turn the call over to Aaron Felix. Please go ahead.

Aaron Felix

Thank you. Before CEO Tim Sullivan begins the discussion, I would like to take care of a few housekeeping items. Along with our earnings release, we’ve posted on the company’s Investor Relations website an updated Investor Presentation, as well as a presentation related to our recently launched AncestryDNA product.

In our remarks today we will include statements that are considered forward-looking within the meaning of the securities laws. Forward-looking statements are based on management’s current knowledge and expectations and are subject to certain risks and uncertainties that may cause actual results to differ from the forward-looking statements. A detailed discussion of such risks and uncertainties is contained in our quarterly report on Form 10-Q for the quarter ended March 31, 2012. The company undertakes no obligation to update any forward-looking statements. We will also refer to certain non-GAAP measures, which in combination with GAAP results provide additional analytic tools to understand our operations. You can find a reconciliation of these non-GAAP measures to the GAAP results included in our press release. A reconciliation is also posted on the company’s Investor Relations website found at ir.ancestry.com. A rebroadcast of this call will be available on our website after 6 PM Mountain Time today.

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