InfoSonics Corp. Q3 2008 Earnings Call Transcript

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2008-11-13 16:28:12.0

Tags: Call, Statement, Call Transcript, Earnings, InfoSonics Corp., Financial Accounting, Finance, Seeking Alpha, Call, Statement, Call Transcript, Earnings, InfoSonics Corp., Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

InfoSonics Corp. (IFON)

Q3 2008 Earnings Call

November 13, 2008 4:30 pm ET

Executives

Mary Magnani – Investor Relations, MKR Group

Joseph Ram – Founder, President and Chief Executive Officer

Jeff Klausner – Chief Financial Officer

Analysts

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the third quarter 2008 InfoSonics Corporation, earnings conference call. (Operator Instructions). I would now like to turn the presentation over to your host for today's conference, Ms. Mary Magnani with MKR Group. Please proceed ma'am.

Mary Magnani

Good afternoon and thank you for joining us today to discuss InfoSonics third quarter 2008 financial results. I'm Mary Magnani with the MKR Group, the investor relations firm for InfoSonics Corporation. Today's presentation will be made by Joseph Ram, President and Chief Executive Officer and Jeff Klausner, Chief Financial Officer.

Before we begin, I'd like to add that during this call, we'll make a number of forward-looking statements, which are statements regarding the future events, including the future financial performance of the company. These forward-looking statements are not guarantees of future results and in fact, we must caution you that actual results could differ materially from those predicted in the forward-looking statements made during this call.

As part of that caution, we refer to you the documents that InfoSonics files from time-to-time with the SEC and especially the sections titled Risk Factors in these documents, including annual report on Form 10-K filed on March 31, 2008 for the fiscal year 2007 and its Form 8-K and Form 10-Q filings. These documents identify important factors that could cause actual results to differ materially from those contained in any forward-looking statements.

InfoSonics undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information or future events. As a reminder, today's call is being recorded and will be accessible on the InfoSonics website under the Investor Info section of the site. The following replay will also be available commencing two hours after the call for the following two weeks by dialing 888-286-8010 and entering the following pass code, 14261926.

I'd now like to turn over the call to Joseph Ram. Joseph?

Joseph Ram

Thank you, Mary. Good afternoon, everyone, and thank you for joining us today. We appreciate your continued interest in InfoSonics. I'll begin by providing an overview of the third quarter ended September 30, 2008 and then discuss our results as they relate to the regions we serve. And then we'll review the plans for the remainder of the year.

 

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