Earnings Call Excerpt
Analog Devices, Inc. (ADI)
F1Q09 (Qtr End 1/31/09) Earnings Call
February 18, 2009 5:00 pm ET
Executives
Mindy Kohl – Investor Relations
Jerald G. Fishman – President & Chief Executive Officer
David A. Zinsner – President of Finance & Chief Financial Officer
Analysts
Parag Agarwal – UBS
Steve Smigie – Raymond James
Romit Shah – Barclays Capital
David WU – Global Crown Capital
John Burton – Cowen
Tristan Gerra – Robert W. Baird
Christopher Danely - J.P Morgan.
John Dryden – Charter Equity Research
Sumit Dhanda – Bank of America and Merrill Lynch
Presentation
Operator
Operator
Good afternoon. My name is Kristy and I will be your conference facilitator. At this time, I would like to welcome everyone to the Analog Devices First Quarter 2009 Earnings Conference Call. (Operator Instructions). Thank you, Miss Kohl. You may begin your conference.
Mindy Kohl
Thanks Kristy and good afternoon everyone. This is Mindy Kohl, Director of Investor Relations for Analog Devices. If you do not yet have our first quarter 2009 release, you can access it by visiting our website at www.analog.com and clicking on the headline on the home page. This conference call is also being broadcast live on the Internet from analog.com, select Investor Relations and follow the instructions shown next to the microphone icon. A recording of this conference call will be available today within about two hours of the call’s completion and will remain available via phone for one week.
This webcast will also be archived on our IR website. Participating in today’s call are Jerry Fishman, President and CEO and Dave Zinsner, Vice President of Finance and CFO. We scheduled this call for 60 minutes. Jerry, will present the results of our first quarter during the first section of the call. And the remainder of the time will be devoted to answering questions from our analyst participants. Analysts can press star one on their phone at any time beginning now to queue up to questions.
During today’s call, we will refer to several non-GAAP financial measures that have been adjusted for one-time items. In order to provide investors with useful information regarding our results of operations and business trends. We have included reconciliations of these non-GAAP measures to the most directly comparable GAAP measures in today’s earnings release, which is posted on the IR website.
We’ve also updated the schedules on our website, which include the historical quarterly and annual summary P&L’s for continuing ops as well as historical quarterly and annual information for product revenue from continuing operations by end market and by product type.
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