Multimedia Games, Inc. F3Q08 (Qtr End 06/30/08) Earnings Call Transcript

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2008-09-15 14:23:15.0

Tags: Multimedia Games Inc.

Earnings Call Excerpt

Multimedia Games, Inc. (MGAM)

F3Q08 Earnings Call

August 6, 2008 9:00 am ET

Executives

Howard Chalmers - Senior Vice President for Corporate Communications

Anthony Sanfilippo - President, Chief Executive Officer

Randy Cieslewicz - Chief Financial Officer

Gary Loebig - Executive Vice President for Sales

Analysts

Michael Friedman - Noble Financial Group

Ryan Worst - Brean Murray, Carret & Co.

Justin Orlando - Dolphin Capital Management

Chris Pereece - Foxhill Capital

Chris Dechiario - ISI Capital

Presentation

Operator

Welcome to the Multimedia Games third quarter 2008 conference call and webcast. (Operator Instructions) And now at this time for opening remarks and introductions, I'd like to turn the call over to Multimedia's Senior Vice President of Corporate Communications, Howard Chalmers.

Howard Chalmers

On this morning's call are Anthony Sanfilippo, our President and CEO, Randy Cieslewicz, Chief Financial Officer, and Gary Loebig, Executive Vice President for Sales.

I'd like to remind everyone that today's call and simultaneous webcast include forward-looking statements and these statements are based solely on present information and are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to the Risk Factors section of our recent SEC filings for a description of certain of these risks and uncertainties. The company does not undertake and expressly disclaims any obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise except as required by applicable law.

Today's call and webcast may include non-GAAP financial measures within the meaning of SEC Regulation G. A reconciliation of all non-GAAP financial measures to the most directly comparable financial measure calculated and presented in accordance with GAAP can be found on our website, www.MultimediaGames.com, in the Investor Relations section.

I'd now like to turn the call over to Anthony Sanfilippo.

Anthony Sanfilippo

I'm very pleased to meet with you this morning for the first earnings call since I assumed the CEO role at Multimedia Games, and I'm glad to have with me my colleagues Randy, Gary and Howard.

As you probably know, the company has built an impressive number of solid and long-standing customer relationships, a formidable installed base of games and an impressive platform of IP to serve the domestic and global gaming markets. When I was first appointed, my first order of business was to focus on reviewing the company's portfolio of products and services and to conduct an analysis of expenses and to meet with multimedia team members and business partners in order to understand our current strengths and most likely opportunities for future success.

 

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