Earnings Call Excerpt
Intersil Corporation (ISIL)
Q1 2006 Earnings Conference Call
April 20, 2006, 4:45 PM (Eastern)
Executives
David Zinser, Vice President and Chief Financial Officer
Rich Beyer, Chief Executive Officer
Louis DiNardo, President and Chief Operating Officer
Analysts
Ross Seymour, Deutsche Bank North America
Craig Hettenbach, Wachovia Securities
Joseph Osha, Merrill Lynch
Douglas Freedman, American Technology Research
Chris Caso, Friedman, Billings, Ramsey and Co., Inc.
Steve Smigie, Raymond James and Associates
Tore Svanberg, Piper Jaffray
Michael Masdea, Credit Suisse First Boston
John Lau, Jeffries and Co.
Romit Shah, Lehman Brothers
Ambrish Srivastava, Harris Nesbitt
Rohit Pandey, HSBC Securities
David Wu, Global Crown Capital
Presentation:
David Zinser, Vice President and Chief Financial Officer
Thank you, Bill. Good afternoon and welcome to Intersil’s 1st Quarter Earnings Call. We completed our 1st Quarter on March 31, 2006. We issued our earnings announcement today at approximately 1:30 PM Pacific time. A copy is available on the investor relations page of our website at www.intersil.com. This call is also being broadcast live over the internet and can be accessed through Intersil’s web address. A conference call replay will also be available for two weeks through April 27.
Joining me on today’s call are Rich Beyer, Intersil’s Chief Executive Officer and Lou DiNardo, President and Chief Operating Officer. In a few moments Rich, Lou, and I will deliver remarks on our 1st quarter of 2006 and provide a summary of our business outlook. After our prepared comments, we will open the line for questions.
Please note that some comments made during this conference call may contain forward-looking statements. I would like to remind you that while these statements reflect our best current judgment, they are subject to risks and uncertainties that could cause our actual results to vary. These risk factors are discussed in detail in our filings with the Securities and Exchange Commission.
In addition, during this call we may refer to pro-forma or other financial measures that are not prepared according to GAAP. We use these non-GAAP measures because we believe they provide useful information about the performance of our business and should be considered by investors in conjunction with GAAP measures that we also provide.
You can find a reconciliation of non-GAAP to comparable GAAP measures on the investor relations section of our website. For those of you in interested in learning more about Intersil at an upcoming Investor event, we will be participating in the Merrill Lynch tech gathering on May 2 in New York, presenting at the Credit Suisse semi-conductor conference on May 3 in New York, and the JPMorgan Technology Conference on May 24 in San Francisco. I will now turn the call over to Rich.
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