Earnings Call Excerpt
Citrix Systems, Inc. (CTXS)
Q1 2006 Earnings Conference Call
April 19th 2006, 4:45 PM.
Executives:
Jeff Lilly, Senior Manager of Investor Relations
Mark Templeton, President and Chief Executive Officer
David Henshall, Senior Vice President and Chief Financial Officer
Analysts:
Adam Holt, JP Morgan
Bill Winslow, Credit Suisse First Boston
Steve Ashley, Robert Baird
Ed Maguire, Merrill Lynch
John Rizzuto, Lazard & Co
Israel Hernandez, Lehman Brothers
Kirk Materne, Banc of America Securities
Todd Raker, Deutsche Bank
Dino Diana, UBS
Walter Pritchard, Cowen & Co
Brent Williams, Keybanc Capital Markets
Rob Owens, Pacific Crest
Robert Breza, RBC Capital Markets
Presentation
Operator
Good afternoon ladies and gentlemen, my name is Brian and I will be your conference facilitator today. At this time, I would like to welcome everyone to the Citrix Systems First Quarter 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 period. If you would like to ask a question during that time please press ?*?? then the number ?1?? on your telephone keypad. To withdraw your question, press ?*?? then the number ?2??. Thank you. I would now like to introduce Mr. Jeff Lilly, Senior Manager of Investor Relations. Mr. Lilly, you may begin your conference.
Jeff Lilly, Senior Manager Investor Relations
Thank you Brian. Good afternoon everyone and thank you for joining us. In this call today, we will be discussing Citrix’s first quarter 2006 financial results. This call is being webcast with a slide presentation on the Citrix Investor Relations website and a slide presentation associated with webcast will be posted immediately following the call. Participating in the call will be Mark Templeton, President and Chief Executive Officer; and David Henshall, Senior Vice President and Chief Financial Officer. Before we get started, I want to emphasize that some of the information discussed in this call maybe characterized as forward-looking statements made pursuant to the Safe Harbor provisions of Section 21E of the Securities Exchange Act of 1934.
These statements involve a number of factors that could cause actual results to differ materially including risks associated with the company’s business which involve the company’s revenue growth, products and their development, distribution, product demand in pipeline, economic and competitive factors, the company’s key strategic relationships, the effect of new accounting pronouncements on revenue and expense recognition including the effects of SFAS 123(R) on certain of the company’s GAAP financial measures as well as acquisition and related integration risks. Additional information concerning these factors is highlighted in the earnings press release and in the company’s filings with the SEC including the Safe Harbor disclosure contained in our most recent 10-K filings which is available from the SEC or the company’s Investor Relations website.
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