Earnings Call Excerpt
SigmaTel Inc. (SGTL)
Q4 2005 Earnings Conference Call
January 31st 2006, 4:30 PM.
Executives:
Ross Goolsby, Chief Financial Officer
David Donoven, Investor Relations
Ron Edgerton, Chairman, Chief Executive Officer and President
Analysts:
Jason Pflaum, Thomas Weisel Partners
Chris Danely, JPMorgan
Adam Benjamin, Jefferies & Co.,
Jason Paraschac, Kaufman Bros.
Shawn Slayton, SG Cowen
Quinn Bolton, Needham and Co.
Dan Moris, CIBC World Markets
Jim Schnieder, Wedbush Morgan Securities Inc.
Sidney Ho, Merrill Lynch
Steve Winedler, Matrix Investment Research
Presentation
Operator
Good day and welcome to today's SigmaTel, Inc. fourth quarter earnings release conference call. This call is being recorded. Operator Instructions. I would now like to turn the call over to Mr. David Donoven. Please go ahead, Mr. Donovan.
David Donoven, Investor Relations
Thank you. Good afternoon and welcome to SigmaTel's fourth quarter and full year 2005 earnings conference call. You should have the press release detailing our financial results which was issued a short time ago, and is also available on the SigmaTel website.
Before we begin, I need to mention that this presentation contains forward-looking statements which are based on our current expectations including forecasted revenue, earnings and expenses. These forward-looking statements are subject to a number of risks and uncertainties, including the risk of adverse changes in the global economy, delays in the release of new products, fluctuations in customer demand for SigmaTel products, manufacturing inefficiencies, shortage of components used in our customers' devices, fluctuating foundry capacity and intellectual property litigation, common in our industry. We ask that you keep this in mind in relying on any such statements of expectations. For a more thorough discussion of the risks to which the forward-looking statements are subject, please refer to our Press Reese lease from earlier this afternoon and to our recent SEC filings.
The discussions today will use non-GAAP financial measures. A reconciliation of non-GAAP financial measures can be found in today's Press Release, which will be on SigmaTel's website under the investor relations section. At this time, I'd like to introduce our Chairman, Chief Executive Officer and President, Ron Edgerton, to provide a brief overview of our business in 2005 and focus most of his comments on how this positions SigmaTel for 2006. After Ross Goolsby, our Chief Financial Officer, updates the details of our financial results, Ron will conclude the formal portion of the call with guidance for the first quarter of 2006. Ron?
Ron Edgerton, Chairman, Chief Executive Officer and President
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