FleetCor Technologies' CEO Discusses Q2 2012 Results - Earnings Call Transcript

FleetCor Technologies, Inc. (FLT)

Earnings Call

August 8, 2012 5:00 p.m. ET


Ronald Clarke - Chairman, President and Chief Executive Officer

Eric Dey - Chief Financial Officer


Glenn Fodor - Morgan Stanley

Philip Stiller - Citi

Tien-Tsin Huang - JPMorgan

Adam Carron - Barclays

Julio Quinteros - Goldman Sachs

Tim Willi - Wells Fargo



Good afternoon, ladies and gentlemen. (Operator instructions) Welcome to FleetCor Technologies, Inc. Second Quarter Earnings Conference Call. Following the presentation, the conference will be opened for questions. At this time, I would like to turn the conference over to Mr. Eric Dey, CFO.

Eric Dey

Good afternoon, everyone, and thank you for joining us today. By now, everyone should have access to our second quarter 2012 press release. It can also be found at www.fleetcor.com under the Investor Relation 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 10-K, which is available at www.sec.gov.

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