Earnings Call Excerpt
Trident Microsystems, Inc. (TRID)
F1Q10 (Qtr End 9/30/09) Earnings Call
October 26, 2009 5:00 pm ET
Executives
Maria Riley - Blue Shirt Group
Pete Mangan- Senior Vice President, CFO
Hungwen Li - Senior Vice President, Chief Marketing Officer
Analysts
Rajvindra Gill – Needham & Company
Presentation
Operator
Good day ladies and gentlemen and welcome to the Trident Microsystems’s third quarter of fiscal year 2009 conference call. My name is Amecia and I’ll be your operator for today. At this time all participants are in listen only mode. We will conduct a question and answer session towards the end of this conference. (Operator’s instructions) As a reminder, this conference is being recorded for replay purposes. I would now like to turn the call over to Ms. Maria Riley, with the Blue Shirt Group, please proceed.
Maria Riley
Good afternoon. Welcome to Trident Microsystems’s third quarter of fiscal year 2009 financial results conference call. This call is being broadcast live over the web using the link found in today’s press release. The replay of this webcast will be available starting tomorrow and for the next 90 days by accessing the investor relations sections of Trident’s website, www.tridentmicro.com.
On today’s call are Pete Mangan, Trident’s Senior Vice President and Chief Financial Officer, and Wen Li, Trident’s Senior Vice President and Chief Marketing Officer. Unfortunately, due to a death in the family, Sylvia Summers, Trident’s President and Chief Executive Officer will not be on our call today.
After the market closed, Trident issued a press release discussing the results for its third quarter of fiscal 2009, which ended March 31, 2009. The press release is accessible online at the company’s website, or you may call the Blue Shirt Group at 415-217-7722, and we will fax or e-mail you a copy.
Before we begin, please note that during this call Trident’s management team will discuss some factors that are likely to influence the company’s business going forward. These forward-looking statements include statements regarding financial expectations for the fourth quarter of fiscal year 2009, our current business outlook for the first half of calendar year 2009, benefits expected to be achieved as a result of our planned acquisition of three consumer division product lines from Micronas. Including expansion of our market, upgrades to our intellectual property and reduction in our cash burn rate, as well as our continued evaluation of strategic opportunities to further strengthen our position in the global DTV market.
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