Techwell, Inc. Q2 2008 Earnings Call Transcript

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2008-08-30 06:09:10.0

Tags: Techwell Inc.

Earnings Call Excerpt

Techwell, Inc. (TWLL)

Q2 2008 Earnings Call

July 30, 2008 5:15 pm ET

Executives

Beverly Twing – Investor Relations – Shelton Group

Mark Voll – Vice President – Finance & Administration & Chief Financial Officer

Fumihiro Kozato – President & Chief Executive Officer

Analysts

Christopher Chaney – Stanford Group Company

Christopher Longiaru – Sidoti & Company, LLC

Quinn Bolton – Needham & Company

Gary Mobley – Piper Jaffray

Jay Srivatsa – Roth Capital Partners LLC

Heidi Poon – Thomas Weisel Partners

Olga Levinson – Lehman Brothers

Presentation

Operator

Welcome to the Techwell second quarter 2008 financial results conference call for period ending June 30, 2008. (Operator Instructions) I would now like to turn the presentation over to your host for today’s call, Beverly Twing of the Shelton Group Investor Relations.

Beverly Twing

Welcome to Techwell’s second quarter 2008 financial results conference call. The press release and financial tables associated with today’s conference call were distributed after the close of the market today. If you do not have a copy you may find them on the company’s website at www.TechwellInc.com. This call is being broadcast live over the internet and may be accessed in the investor relations section of Techwell’s website.

Before management begins the discussion of the second quarter’s results, I would like to remind you that this conference call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 which include without limitation statements that relate to future events and include but are not limited to the company’s belief that demand for its products will continue to grow, the company’s ability to better address customer requirements, leverage technology capability and integrate additional functionality and achieve greater market share, the timing, anticipated benefits and acceptance of new products, statements related to future opportunities, continued growth and its anticipated revenue, gross margin, operating expenses and tax rate for the third quarter of 2008, its anticipated annual revenue for 2008 and anticipated trends and growth in the company’s business and end markets in which it operates.

Any forward-looking statements made during this call are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Additional information concerning factors that could cause actual results to differ materially from any forward-looking statements made during this call are contained in the company’s quarterly report on Form 10Q filed with the Securities and Exchange Commission on May 8, 2008. Techwell undertakes no obligation to publicly update any forward-looking statements for any reason except as required by law even as new information becomes available or other events occur in the future.

 

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