Earnings Call Excerpt
PCTEL, Inc. (PCTI)
F4Q07 Earnings Call
February 19, 2008 6:15 pm ET
Executives
Jack Seller - Director of Marketing
Martin H. Singer - Chairman and CEO
John Schoen - Chief Financial Officer
Analysts
Matthew Robison - Ferris, Baker Watts, Inc.
Anton Wahlman - Thinkequity Partners
Kenneth Muth - Robert W. Baird & Co., Inc.
Brian Horey - Aurelian Management
James Devlin - Henley & Company
Presentation
Operator
Ladies and gentlemen, welcome to the PCTEL fourth quarter 2007 conference call. (Operator Instructions) I’ll now turn the call over to Jack Seller, Director of Marketing for PCTEL. Please go ahead, Mr. Seller.
Jack Seller
Thank you for joining us today, February 19, 2008, for the PCTEL financial results conference call for the fourth quarter 2007. On today's call will be Marty Singer, Chairman and CEO and John Schoen, Chief Financial Officer.
I will now read the Safe Harbor Statement. Today’s call will contain ?forward-looking statements? within the meaning of the federal securities laws. Comments concerning our future financial performance, and expectations regarding the future growth of our wireless RF and licensing businesses, are forward-looking statements within the meaning of the Safe Harbor. Actual results may differ materially from those projected as a result of risks and uncertainties, including the ability to successfully grow our wireless products business, implement new technologies and obtain protection for the related IP. Additional discussion of these and other factors affecting the company’s business and prospects is contained in our periodic SEC filings. These statements are made only as of today and we disclaim any obligation to update information to reflect subsequent events. I would now like to turn the conference call over to Marty Singer for opening remarks.
Martin H. Singer
Thank you, Jack. On behalf of PCTEL, welcome to our earnings release conference call for the fourth quarter. I want to thank you all for attending and for your interest in our company’s progress. We are pleased to be hosting this evening’s call from our new corporate headquarters at our Bloomingdale facility in Illinois, which houses our Antenna Products Group. One result of the sale of MSG is that we have been able to consolidate our facilities in the Chicagoland area. As we have done in the past, John Schoen will review our financial performance in some detail and will review our balance sheet and other issues. I will cover the general state of the business, discuss highlights of the past quarter, and then discuss some areas of focus for 2008. We will then open the call to your questions. The company will provide a transcript of our prepared comments on our web site fifteen minutes after the call. With that as background, I’d now like to turn the call over to John Schoen.
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