Syniverse Holdings Inc. Q4 2008 Earnings Call Transcript

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2009-02-10 20:34:09.0

Tags: Growth, Deutsche Bank AG, Call Transcript, Earnings, Syniverse Holdings Inc., Seeking Alpha

Question-and-Answer Session

Operator

(Operator instruction)

Your first question comes from the line of John Bright - Avondale Partners. Please proceed.

John Bright - Avondale Partners

Tony, what was the impact in the quarter from the Sprint-Alltel, on the top line in the bottom line basis for them delaying that implementation?

David W. Hitchcock

The estimate was exactly what we have told you it was going to be in November which is roughly $8 million on the top line.

John Bright - Avondale Partners

And from a margin standpoint what was then the cash EPS impact?

David W. Hitchcock

From a bottom line perspective as you well know given the model that we have from that short of a period there was a very little sensitivity on the cost basis. So the majority of it flowed through to the bottom line.

Operator

Your next question comes from the line of Tom Ernst of Deutsche Bank Securities. Please proceed.

Tom Ernst - Deutsche Bank Securities

It seems like you are being prudent and your guiding for some of the economic impact. I think our analysis would suggest that with the organic growth you had less the three contracts you mentioned; the pro forma revenue growth and your technology and offer ability has been super 40% growth and unless I am doing the math wrong or were seeing some? Let me ask the question in 2 ways here. First, the other business, the other 45% of your business that is not the roaming business, what are you assuming for macroeconomics sensitivity in those, are we taking the hit there? If that is not a big hit, it looks like you are conservatively assuming of having loss at the growth rate and I have seen the big concern and I assume your approach is you just want to caution as you enter this year? Is that the case?

David W. Hitchcock

Yes, Tom the answered question is on the other businesses which are unless they were presuming really modest and no impact base on the way does business models have been working and we think that is probably prudent. You are right were assuming probably having as the growth rate in the roaming. I think to give you a little color on that is we always have been watching very closely and we have been watching this now particularly closely for the months of October and November, December and January data.

 

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