Start Time: 16:30 End Time: 17:12 Calix, Inc. (CALX) Q2 2012 Earnings Call July 31, 2012 04:30 a.m. ET Executives David Allen – Head-IR Carl Russo – President, CEO, Director Michael Ashby – CFO, Director, EVP Analysts Blair King – Avondale Partners Simon Leopold – Raymond James Sanjiv Wadhwani – Stifel Nicolaus George Notter – Jefferies & Company Ehud Gelblum – Morgan Stanley Amitabh Passi – UBS PresentationOperator
Greetings and welcome to the Calix Q2 2012 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions ) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, David H. Allen, Director of Investor Relations and Treasurer for Calix. Thank you Mr. Allen, you may begin. David Allen Thank you, operator, and good afternoon, everyone. Before we begin the call, I want to remind you that this call contains forward-looking statements regarding future events, including the future business and financial performance of the company and our expectations of revenue, gross margins, earnings per share, stock-based compensation and amortization of intangibles. These forward-looking statements are based on management’s expectations, estimates, and judgments, and current trends and market conditions that involve risks and uncertainties that may cause the actual results to differ materially from those contained in the forward-looking statements. I would encourage you to review the company’s various SEC reports, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2011 and our quarterly report on Form 10-Q for the quarter ended March 31, 2012 available at www.sec.gov in which we discuss these risk factors. All forward-looking statements are made as of the date of this conference call and except as required by law, we do not intend to update this information.