NQ Mobile's CEO Discusses Q2 2012 Results - Earnings Call Transcript

NQ Mobile Inc. (NQ)

Q2 2012 Earnings Conference Call

August 9, 2012 08:00 AM ET

Executives

Mattan Lurie - Investor Relations

Henry Yu Lin - Co-founder, Chairman and Co-Chief Executive Officer

Omar Khan - Co-Chief Executive Officer

Vincent Shi - Co-Founder and Chief Operating Officer

Suhai Ji - Chief Financial Officer

Will Yiwei Jiang - Chief Strategy Officer

Analysts

Andy Yeung – Oppenheimer

Mark Murphy – Piper Jaffray

Mike Walkley – Canaccord-Genuity

Fred Ziegel – Topeka Capital Markets

Presentation

Operator

Welcome to NQ Mobile’s Second Quarter 2012 Earnings Conference Call. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question and answer session. (Operator Instruction) Please be advised, this conference is being recorded, today, August 09, 2012. I would now like to turn the conference over to your speaker today Mattan Lurie, NQ Mobile investor relations. Thank you sir. Please go ahead.

Mattan Lurie

Hello everyone and welcome to NQ Mobile’s second quarter 2012 earnings conference call. The company’s earnings results were released earlier today and are available on the company’s IR website ir.nq.com as well as on Newswire Services. Today, you will hear opening remarks and NQ Mobile’s Co-CEOs Dr. Henry Yu Lin and Omar Khan, followed by our Chief Financial Officer Suhai Ji who will take you through the company’s operational and financial results of the second quarter 2012 and give guidance to the third quarter and full year 2012. After their prepared remarks Dr. Lin, Mr. Khan. Mr. Ji and our Chief Strategy Officer Will Jiang will be available to answer your questions. Before we continue please note that the discussion today will contain certain forward looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that may cause actual results to differ materially from our current expectations. NQ Mobiles does not assume any obligation to update any forward-looking statements except as required under applicable law. Also, please note that some of the information to be discussed includes non-GAAP financial measures as defined in regulation sheet. The most directly comparable U.S. GAAP financial measures and information reconciling these non-GAAP financial measures the NQ Mobiles financial results prepared in accordance with U.S. GAAP are included in NQ Mobiles earnings release which has been posted on the company’s website at ir.nq.com. Finally, as a reminder this conference is being recorded. In addition, a webcast of this conference call will be available on NQ Mobiles investor relations website.

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