Earnings Call Excerpt
First Advantage Corporation (FADV)
Q1 2008 Earnings Call
April 23, 2008 5:00 pm ET
Executives
Cindy Williams - IR Manager
John Lamson - EVP and CFO
Anand Nallathambi - President and CEO
Analysts
Kyle Evans - Stephens Inc.
Mark Marcon - Robert W. Baird & Co
Brian Ruttenbur - Morgan Keegan & Co.
Nathaniel Otis - Keefe Bruyette & Woods
Jason Boozer - Raymond James
Presentation
Operator
Thank you all, for holding and welcome to our First Advantage Corporation's first quarter 2008 Earnings conference call. All participants will be in a listen-only mode until the question-and-answer session of today's call. This call is being recorded and will be available for replay from the Company's Investor Relations pages on their website at www.fadv.com and through May 7th by dialing toll-free within the United States 888-562-7629 or 402-220-6506 outside the U.S. A copy of today's press release is also available on the Company's website at www.fadv.com.
We will now turn the call over to Miss Cindy Williams, Investor Relations Manager, to make a brief introductory statement. Thank you ma'am, you may begin.
Cindy Williams
Thank you, and good afternoon, everyone. At this time, we would like to remind listeners that management commentary and responses to your questions may contain forward looking statements. Including certain statements made in this presentation relating to the integration of new acquisitions and lender services, future impact to facility and IT consolidations, expansion of business verticals in the lead generation business, financial impact of supposed restructuring, impact of restructuring on domestic workforce, overall economic market conditions in the second half of 2008 and other statements that do not relate strictly to the historical or current facts.
The forward-looking statements speak only as to the date they are made and the Company does not undertake to update forward looking statements to reflect circumstances or events that occur after the date's forward-looking statements are made.
Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward looking statements. Factors that could cause the anticipated results to differ from those described in the forward looking statements include general volatility of the capital markets and the market price of the Company's class A common stock; the Company's ability to successfully raise capital; the Company's ability to identify and complete acquisitions and successfully integrate businesses it acquires; changes in applicable government regulations; the degree and nature of the Company's competition; increases in the Company's expenses; continued consolidation among the Company's competitors and customers; unanticipated technological changes and requirements; the Company's ability to identify suppliers of quality and cost effective data; and other risks identified from time-to-time in the Company's SEC filings. Investors are advised to consult the Company's filings with the SEC, including its 2007 annual report on Form 10-K for further discussion of these and other risks.
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