Analog Devices Inc ADI
Q2 2013 Earnings Call Transcript

Transcript Call Date 05/21/2013

Operator: Good afternoon. My name is Terri, and I will be your conference facilitator. At this time, I would like to welcome everyone to the Analog Devices' Second Quarter Fiscal Year 2013 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After opening remarks, there will be a question-and-answer period with our analyst and investor participants.

Thank you. Mr. Husain, you may begin your conference.

Ali Husain - Director of IR: Great. Thanks, Terri, and good afternoon, everyone. This is Ali Husain, Director of Investor Relations. If listeners haven't yet seen our second quarter 2013 press release or our Form 10-Q, they can be found on ADI's IR website at This conference call can also be accessed from the same page. A recording of this conference call will be available within two hours of this call's completion. It will remain available via telephone playback for two weeks and it will also be archived on our Investor Relations website.

We've also updated the financial schedules on our IR website, which include the historical quarterly and annual summary P&Ls for continuing operations as well as for revenue from continuing operations by end market and product type.

Participating with me in today's call are Vincent Roche, ADI's President and CEO; and Dave Zinsner, Vice President of Finance and CFO and Maria Tagliaferro, Director of Corporate Communications. During the first part of the call Vince and Dave will present our second quarter 2013 results, as well as our short-term outlook. The second part of our call will be devoted to answering questions from our analysts and investor participants.

During today's call, we may refer to non-GAAP financial measures that have been adjusted for certain non-recurring items in order to provide investors with useful information regarding our results. We've included reconciliations of these non-GAAP measures to their most directly comparable GAAP measures in today's earnings release, which is posted on the IR website.

I'd ask you to please note that the information we are about to discuss includes forward-looking statements, intended to qualify for the Safe Harbor from liabilities established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include risks and uncertainties and our actual results could differ materially from those we will be discussing. Factors that could contribute to such differences include, but are not limited to those described in our SEC filings, including our most recent quarterly report on Form 10-Q filed earlier today.

The forward-looking information that's provided on this call represents our outlook as of today and we do not undertake any obligation to update the forward-looking statements made by us. Subsequent events and developments may cause our outlook to change. Therefore, this conference call will include time-sensitive information that may be accurate only as of the date of the live broadcast, which is May 21, 2013.

So, with that, I'll turn the call over to Vincent Roche, ADI's President and CEO, for opening remarks.

Read our Earnings Call Transcript disclaimer.
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