Iridium Communications Management Discusses Q2 2012 Results - Earnings Call Transcript

Iridium Communications (IRDM)

Q2 2012 Earnings Call

August 02, 2012 8:30 am ET

Executives

Steve E. Kunszabo - Former Executive Director of Investor Relations

Matthew J. Desch - Chief Executive Officer and Director

Thomas J. Fitzpatrick - Chief Financial Officer and Executive Vice President

Analysts

James D. Breen - William Blair & Company L.L.C., Research Division

James Patrick McIlree - Dominick and Dominick Securities Inc., Research Division

Chris Quilty - Raymond James & Associates, Inc., Research Division

Glenn Hapgood Tongue - T2 Partners Management LP

Christopher C. King - Stifel, Nicolaus & Co., Inc., Research Division

Brian W. Ruttenbur - CRT Capital Group LLC, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Iridium Second Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded. I would now like to introduce your host for today's conference call, Mr. Steve Kunszabo, Head of Investor Relations. You may begin, sir.

Steve E. Kunszabo

Good morning, and thanks for joining us. I'd like to welcome you to our second quarter 2012 earnings call. Joining me on the call this morning our CEO, Matt Desch; and our CFO, Tom Fitzpatrick. Today's call will begin with a discussion of our 2012 second quarter results followed by Q&A. I trust you've had an opportunity to review this morning's earnings release, which is available on the Investor Relations section of Iridium's website.

Before I turn things over to Matt, I'd like to caution all participants that our call this morning may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical fact and include statements about our future expectations, plans and prospects. Such forward-looking statements are based upon our current beliefs and expectations and are subject to risks, which could cause actual results to differ from the forward-looking statements.

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