Cognizant Technology Solutions Corporation Q1 2006 Earnings Conference Call Transcript (CTSH)

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2006-05-03 13:12:50.0

Tags: Cognizant Technology Solutions

Earnings Call Excerpt

Cognizant Technology Solutions Corporation (CTSH)
Q1 2006 Earnings Conference Call
May 3, 2006, 10:00 AM Eastern

Executives

Julie Huang, Financial Dynamics
Lakshmi Naravanan, President and Chief Executive Officer
Francisco D’Souza, Chief Operating Officer
Gordon Coburn, Chief Financial Officer

Analysts

Rod Bourgeois, Sanford C. Bernstein & Co
Ed Caso, Wachovia Securities
Joseph Vafi, Jefferies & Co.
Christine Savino, JPMorgan
George Price, Stifel, Nicolaus & Company
Julio Quinteros, Goldman Sachs

Operator

Good morning, my name is Cynthia and I will be your conference operator today. At this time, I would like to welcome everyone to the Cognizant Technology Solutions 1st Quarter 2006 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press ?8? then the number ?1? on your telephone keypad; if you would like to withdraw your question, press ?*’ then the number ?2? on your telephone keypad. I would now like to turn today’s call over to Julie Huang with Financial Dynamics for opening remark.

Presentation:

Julie Huang, Financial Dynamics

Thank you, Operator and good morning everyone. By now you should have received a copy of the company’s 1st Quarter 2006 Earnings Release. If you have not, please call our offices at (212) 850-5600 and we will be sure to get you a copy sent to you. On the call today, we have Lakshmi Naravanan, President and Chief Executive Officer, Francisco D’Souza, Chief Operating Officer, and Gordon Coburn, Chief Financial Officer of Cognizant Technology Solutions.

Before we begin, I’d like to remind you that some of the comments made on today’s call and some of the responses to your questions may contain certain forward-looking statements. These statements are subject to the risks and uncertainties as described in the company’s Earnings Release and other filings with the SEC. I’d now like to turn the call over to Lakshmi. Lakshmi, please go ahead.

Lakshmi Naravanan, President and Chief Executive Officer

Thank you, Julie and good morning everyone. Thank you for joining us today for Cognizant’s 1st quarter 2006 Earnings Call. This morning, I will provide an overview of the highlights of our 1st quarter and discuss the key drivers of our financial performance. I’ll also discuss the investments that we have made steadily making in the business to ensure that we continue to effectively manage our industry leading growth while producing consistently strong results across our key financial and operating matrix.

 

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