Earnings Call Excerpt
Symantec Corp. (SYMC)
F2Q09 Earnings Call
October 29, 2008 5:00 pm ET
Executives
Helyn Corcos – Vice President Investor Relations
John Thompson – Chairman Chief Executive Officer
James Beer – Executive Vice President and Chief Financial Officer
Enrique Salem – Chief Operating Officer
Analysts
Robert Breza - RBC Capital Markets
Heather Bellini - UBS
Sarah Friar - Goldman Sachs
Adam Holt – Morgan Stanley
Brad Zelnick – Bank of America
Brett Thill – Citigroup
Daniel Ives - Friedman Billings Ramsey
Michael Turits – Raymond James
John DiFucci – JP Morgan
Israel Hernandez – Barclays Capital
Presentation
Operator
Good day and welcome to Symantec’s second quarter 2009 earnings conference call. Today’s call is being recorded. At this time I would like to turn the call over to Ms. Helyn Corcos, Vice President of Investor Relations. Please go ahead, Ma’am.
Helyn Corcos
Good afternoon and thank you for joining our fiscal second quarter 2009 earnings call. With me today are John Thompson, Chairman of the Board and Chief Executive Officer of Symantec; Enrique Salem, Chief Operating Officer and James Beer, Executive Vice President and Chief Financial Officer.
In a moment I will turn the call over to John. He will provide high-level comments on the company. Enrique will follow with quarterly highlights and James will wrap it up with the review of the financials and our guidance as outlined in the press release. This will be followed by a question and answer session.
Today’s call is being recorded and will be available for replay on the Symantec Investor Relations homepage. A copy of today’s press release and supplemental financial information are available on our website and a copy of today’s prepared comments will be available on the Investor Relations website shortly after the call is completed.
Before we begin I’d like to remind everyone that some of the information discussed on this call, including our projections regarding revenue, operating results, deferred revenue, cash flow from operations, amortization of acquisition-related intangibles and stock-based compensation for the coming quarter contain forward-looking statements. These statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. Additional information concerning these risks and uncertainties can be found in the company’s most recent periodic reports filed with the US Securities and Exchange Commission. Symantec assumes no obligation to update any forward-looking statements.
In addition to reporting financial results in accordance with generally accepted accounting principals or GAAP, Symantec reports non-GAAP financial results. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP results which can be found in the press release and on our website.
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