Earnings Call Excerpt
First Data Corp. (FDC)
Q2 2007 Earnings Call
July 20, 2007 8:00 am ET
Executives
Ric Duques - CEO, Chairman
Kim Patmore - Executive VP, CFO
Silvio Tavares - SVP and Head of IR
Presentation
Operator
(Operator Instructions) Now, I would like to turn the meeting over to Silvio Tavares, Senior Vice President and Head of Investor Relations. Silvio, you may begin.
Silvio Tavares
Thank you. Good morning, everyone. This is Silvio Tavares. Thank you for joining us. With me today are Ric Duques, Chairman and Chief Executive Officer; and Kim Patmore, Executive Vice President and Chief Financial Officer.
We are very pleased to host this teleconference and webcast to announce our financial results for the second quarter of 2007. We had another great quarter and will be providing financial details for the company overall, as well as for each one of our main business segments. Now, if you will, please turn your attention to the agenda on Slide 3.
Ric will start us off by providing an update on our previously announced transaction with an affiliate of Kohlberg Kravis Roberts & Co., which we will refer to ask KKR. Next, Ric will review the company's second quarter highlights. Finally, we will discuss the significant progress we made against our four key strategies during the last three months.
Kim will then take us through the corporate financials. She is also going to discuss the financial performance of our three primary segments: Commercial Services, Financial Institution Services, and First Data International.
Please note that, due to the pending transaction with KKR, there will be no live question-and-answer session during today's call. Should you have any questions, however, please don't hesitate to contact me at 303-967-8276, or you can send me an e-mail at Silvio.Tavares@FirstData.com. Now, please go ahead with me and turn to Slide number 4.
Today's call is being recorded. Our comments today include forward-looking statements. I ask that you refer to the cautionary language in the earnings release and appendix of today's slide presentation for additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements.
During the call, we will discuss items that do not conform to Generally Accepted Accounting Principles. We reconcile those measures to GAAP measures in the appendix and on our web site, in the invest section.
All statements made by First Data officers on this call are the property of First Data and subject to copyright protection. Other than the replay, First Data has not authorized and disclaims responsibility for any recording, replay or distribution of any transcription of this call.
- To read the full transcript on Seeking Alpha, click here »
