Earnings Call Excerpt
Here’s the entire text of the prepared remarks from Electronic Arts’ (ticker: ERTS) Q2 2006 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:
Tricia Gugler, Director, Investor Relations
Warren Jenson, Chief Financial and Adminstrative Officer
Larry Probst, Chairman and Chief Executive Officer
Frank Gibeau, Executive Vice President, General Manager, North American PublishingAnalyst:
Gary Cooper, Banc of America
Brian Pitz, Morgan Stanley
Glen Reid, Bear Stearns
Justin Post, Merrill Lynch
Anthony Gikas, Piper Jaffray
Edward Williams, Harris Nesbitt
Evan Wilson, Pacific Crest Securities
Shawn Milne, Friedman, Billings, Ramsey Group
Jeetil Patel, Deutsche Bank
Heath Terry, Credit Suisse First Boston
Arvind Bhatia, Southwest Securities
Mike Hickey, Janco Partners
Colin Sebastian, Thomas Weisel
Mike Wallace, UBS
Chris Frost (ph), AnalystPresentation
Operator
Good day, everyone, welcome to the Electronic Arts Second-Quarter Fiscal Year 2006 Earnings Conference Call. Today's call is being recorded. For opening remarks and introductions I would like to turn the call over to Miss Tricia Gugler, Director of Investor Relations. Please go ahead.
Tricia Gugler, Director, Investor Relations
Good afternoon and welcome to our second-quarter fiscal 2006 earnings call. Today on call we have Larry Probst, Chairman and Chief Executive Officer, Warren Jenson, Chief Financial and Administrative Officer and Frank Gibeau, Executive Vice President and General Manager of North American Publishing. Before we begin I would like to remind you that you may find copies of our SEC filings, our earnings release, and a replay of our webcast on our web site at investor.ea.com. Shortly after the call, we will post a copy of Warren's remarks on our web site. Throughout the call, we will present both GAAP and non-GAAP financial results. Non-GAAP results exclude charges associated with restructuring, asset impairment, other temporary impairment of investment and affiliates, apart in process technology, amortization of intangibles, employee stock-based compensation, and certain non-recurring litigation expenses and their related tax effects. In addition, the Company's non-GAAP results exclude the impact of tax adjustments. A supplemental schedule to our earnings release provides the reconciliation of non-GAAP to GAAP measures. In addition, a supplemental schedule demonstrating how we calculate ROIC will be included on our web site. All non-GAAP measures are provided as a complement to our GAAP results and we encourage investors to consider all measures before making a decision. All comparisons made in the course of this call are against the same period of the prior year unless otherwise stated. We have included our trailing 12-month platform shares in our 2005 estimated market outlook in a supplemental schedule that will be posted on our web site.
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