Full Transcript of Brocade’s F4Q05 (Qtr Ending Oct 29, 2005) Conference Call — Prepared Remarks (BRCD)

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2005-12-08 15:21:39.0

Tags: Brocade Communications Systems Inc.

Earnings Call Excerpt

Here’s the entire text of the prepared remarks from Brocade’s (ticker: BRCD) fiscal Q4 2005 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Shirley Stacy, Investor Relations
Michael Klayko, Chief Executive Officer
Tony Canova, Chief Financial Officer and VP of Administration
Tom Buiocchi, VP of Marketing

Analysts:

Samuel Wilson, JMP Securities, Analyst
Andy McCullough, Credit Suisse First Boston, Analyst
Andy Neff, Bear Stearns, Analyst
Paul Mansky, Citigroup, Analyst
Henry Naah, Lehman Brothers, Analyst
Tom Curlin, RBC Capital Markets, Analyst
Nick Flair, Goldman Sachs, Analyst
Kaushik Roy, Susquehanna, Analyst
Frank Timmons, Robert W. Baird, Analyst

Presentation

Operator

Good morning. My name is LuAnn and I will be your conference facilitator. I would like to welcome everyone to Brocade's Fourth Quarter Fiscal 2005 Financial Results 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.

Operator Instructions

Ms. Stacy, you may begin.

Shirley Stacy, Investor Relations

Good morning. Thank you for joining us this morning. I am Shirley Stacy, Brocade Director of Investor Relations. Joining me today are Michael Klayko, Brocade's CEO; Tony Canova, Brocade Vice President of Administration and CFO; and Tom Buiocchi, Vice President of Marketing.

Before we begin, let me cover some housekeeping items. Brocade issued a press release today detailing our fourth-quarter and year-end financial results via PR newswire and First Call. This press release is available on our website at www.brocade.com. This conference call is being audio webcast and will be archived on our website for approximately 12 months. A telephone replay will be available today by 9:30 AM Eastern time through end of day Tuesday, December 13. To access a telephone replay, dial 800-642-1687 or 706-645-9291; and the pass code is 2525657.

As a reminder, the information the presenters discuss today will include forward-looking statements including without limitation statements about Brocade's financial results, business outlook and guidance. These forward-looking statements are only predictions and involve risks and uncertainties such that actual results may vary significantly. These and other risks are set forth in more detail in our Form 10-Q for the fiscal quarter ended July 30, 2005. The forward-looking statements reflect beliefs, estimates and predictions as of today and Brocade expressly assumes no obligation to update any such forward-looking statements.

 

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