Earnings Call Excerpt
Here’s the entire text of the prepared remarks from Net2Phone’s (ticker: NTOP) Q1 2006 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.
Executives:
Sarah Hofstetter, Investor Relations
Liore Alroy, Chief Executive Officer
Arthur Dubroff, Chief Financial OfficerAnalysts:
Clay Moran, Stanford Group, Analyst
Eric Buck, Janco Partners, Analyst
Ari Moses, Kaufman Brothers, Analyst
John Banks, B&G Capital Management, AnalystPresentation
Operator
Welcome to the Net2Phone first quarter earnings results conference call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Ms. Sarah Hofstetter. Please go ahead, ma'am.
Sarah Hofstetter, Investor Relations
Thank you very much. Welcome to our first quarter fiscal 2006 results conference call. Before I turn the call over to Liore, I would like to take this opportunity to remind all participants that during this conference call any forward-looking statements are made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. Expressions of future goals, including financial guidance and similar expressions, including without limitations, expressions using the terminology may, will, believe, expect, plans, anticipates, predicts, forecast and expressions which otherwise requests something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including factors discussed in the risk factor section of our annual report on Form 10-K and in our earnings press release issued today.
Our actual results may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this conference call. In this call we will discuss some non-GAAP financial measures in talking about our Company's performance, and you can find the reconciliation of those measures to GAAP and other related information in our press release which is available on our investor relations website at net2phone.com. As you may be aware, on November 10, 2005, IDT Corporation, our controlling stockholder, filed an unsolicited tender offer to purchase all of the outstanding shares of our common shock that IDP and its affiliates do not currently own for $2.00 per share in cash without interest. On November 25, 2005 the independent committee of our board of directors filed a response to IDT's tender offer on schedule 14 D-9.
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