Earnings Call Excerpt
First Data Corp. (FDC)
Q1 2007 Earnings Call
April 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 introduce your host for today's call, Mr. Silvio Tavares. Sir, you may begin.
Silvio Tavares
Thank you. Good morning, everyone. This is Silvio Tavares, SVP and Head of IR for First Data. 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 first quarter of 2007. We had a great start to the year and we'll be providing financial details for the company overall, as well as for each one of our main business segments.
Now please turn your attention to the agenda. Ric will start us off by covering our previously announced merger agreement with affiliates of Kohlberg Kravis Roberts. Next, Ric will review the company's first quarter highlights and finally, we'll discuss the significant progress we've made against our 4Q strategies. These are growing our core business, expanding our product offerings, improving our overall cost structure and expanding globally.
Kim will then take us through the corporate financials. She's also going to discuss the financial performance of our three keys segments: commercial services, financial institution services and First Data International.
Could you hold on for just one moment? It seems like we're having technical difficulty. Operator, if you could please mute the lines; we are experiencing some interference.
Operator
Yes, sir. I'll check on that right away. Thank you.
Silvio Tavares
Operator, do you have that addressed and are we ready to continue?
Operator
Yes, sir. We're addressing that right now.
Silvio Tavares
I'm going to go ahead and continue as we get those lines muted. Now, please note there will be no live question-and-answer session during today's call, so should you have any questions please don't hesitate to contact me at 303-967-8276, or you can also just drop me an email at silvio.tavares@firstdata.com.
Please turn to slide number 4. Today's call is being recorded. Our comments today include forward-looking statements, and I ask that you refer to the cautionary language in the earnings release and appendix to today's slide presentation for additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements.
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