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Hypercom Corporation Q1 2008 Earnings Call Transcript

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2008-05-27 18:04:12.0

Tags: Hypercom Corp.

Earnings Call Excerpt

Hypercom Corporation (HYC)

Q1 2008 Earnings Call

May 06, 2008 4:30 pm ET

Executives

Norman Stout - Executive Chairman of the Board

Philippe Tartavull - President, Chief Executive Officer, Director

Robert Vreeland - Interim Chief Financial Officer

Scott Tsujita - Senior Vice President of Finance, Treasury and Investor Relations

Analysts

Gil Luria - Wedbush

George Sutton - Craig-Hallum

Robert Dodd - Morgan Keegan

Tim Brown - Roth Capital

Josh Wool - Private Investor

Presentation

Operator

Welcome to the Hypercom first quarter conference call. (Operator Instructions) I now would like to turn it over to Mr. Norman Stout.

Norman Stout

First, I will begin by introducing the team with me today. First I have Philippe Tartavull our Chief Executive Officer and President, Bob Vreeland, our interim CFO and Scott Tsujita, our Senior Vice President, Finance, Treasury, and Investor Relations.

Let me take a moment first also to congratulate Bob on his appointment as Interim CFO, Bob brings a wealth of hands on experience to the position. Bob has been International Controller, Corporate Controller and Vice president of financial planning and analysis for Hypercom. We look forward to Bob’s contributions in his new role with the company.

In order to today's agenda, Scott will begin by reading our forward-looking statement, Bob will then go into the first quarter financial results and Philippe and I will provide an overview of our continuing momentum and some insight into the newly acquired Thales e-Transactions business. We will discuss trends and what we see in the market however, we are not providing financial guidance at this time as we continue to be in a transition with contract manufacturing and the integration of Thales e-Transactions business. After that we will take any questions from our listeners.

With that I will turn the call over to Scott.

Scott Tsujita

The purpose of this call is to discuss this afternoon’s press release announcing Hypercom’s first quarter 2008 financial results.

You should note that this conference call contains forward-looking statements regarding future events and Hypercom’s future financial performance. Hypercom's management believes that the expectations contained in these forward-looking statements are based on reasonable assumptions. However it can give no assurance that its expectations will be attained.

Actual events or results may differ materially from those in the forward-looking statement. Please see the company's annual reports to stockholders and its filings with the SEC including its recent filings on Forms 10-K and 10-Q as well as this afternoons press release for a discussion of important risk factors that could cause actual events or results to differ materially from those in the forward-looking statement.

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