Full Transcript of Network Appliance’s F2Q06 Conference Call — Prepared Remarks (NTAP)

Tags: Network Appliance Inc.

Earnings Call Excerpt

Here’s the entire text of the prepared remarks from Network Appliance’s (ticker: NTAP) fiscal Q2 2006 conference call. The Q&A is here.

CORPORATE PARTICIPANTS

Tara Calhoun
Network Appliance, Inc. - Senior Director IR

Steve Gomo
Network Appliance, Inc. - CFO

Dan Warmenhoven
Network Appliance, Inc. - CEO

Tom Mendoza
Network Appliance, Inc. - President

CONFERENCE CALL PARTICIPANTS

Harry Blount
Lehman Brothers - Analyst

Tom Curlin
RBC Capital Markets - Analyst

Keith Bachman
Banc of America Securities - Analyst

Ben Reitzes
UBS - Analyst

Mark Kelleher
Adams Harkness - Analyst

Richard Chu
SG Cowen - Analyst

Laura Conigliaro
Goldman Sachs - Analyst

Andy McCullough
Credit Suisse First Boston - Analyst

Joel Wagonfeld
First Albany - Analyst

Rebecca Runkle
Morgan Stanley - Analyst

Kevin Hunt
Thomas Weisel Partners - Analyst

Dan Renouard
Robert W. Baird - Analyst

Clay Sumner
Friedman Billings Ramsey - Analyst

Glenn Hanus
NIM Associates - Analyst

Les Santiago Piper Jaffray - Analyst

Bill Shop
JPMorgan - Analyst

Aaron Rakers
A.G. Edwards - Analyst

Kaushik Roy
Susquehanna - Analyst

Paul Mansky
Citigroup - Analyst

PRESENTATION

Operator

Good day, ladies and gentlemen. Thank you for standing by. And welcome to the Network Appliance second quarter fiscal year 2006 Q&A conference call.

(OPERATOR INSTRUCTIONS) I would now like to turn the presentation over to your host for today's conference, Tara Calhoun, Senior Director of Investor Relations.

Tara Calhoun - Network Appliance, Inc. - Senior Director IR

Good afternoon and welcome everyone, and thank you for joining us today. With me on today's call are Dan Warmenhoven, our CEO, Tom Mendoza, our President, and Steve Gomo our CFO.

And of course on today's conference call we will make forward-looking statements and projections that involve risk and uncertainty, including statements regarding our forecasted and operating results and metrics, anticipated sales trends for our current and future products, our anticipated hiring activities, statements regarding anticipated benefits to be derived from our acquisition of Decru, and regarding anticipated benefits from our relationships with IBM and other industry partners. Actual results may differ materially from our statements or projections.

Important factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to, customer demand for products and services, increased competition, any decline in general economic conditions, and foreign currency exchange fluctuations. Other equally important factors that could cause actual results to differ from those in the forward-looking statements are detailed the Company's 10-K and 10-Q report under the section captioned, Risk Factors, on file with the SEC and accessible through our website. All of which factors are incorporated by reference in today's discussion.

• The Q&A from this call is here.
• Source: NTAP web site.
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