Earnings Labs

Qorvo, Inc. (QRVO)

Q4 2007 Earnings Call· Wed, Feb 20, 2008

$86.84

+2.32%

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Transcript

Transcript

Operator

Executives Steve Buhaly - VP-Finance, Secretary and CFORalph Quinsey - President and CEOAnalysts Amit Kapur - Piper JaffrayPierre Maccagno - Needham & CompanyJeff Kvaal - Lehman BrothersLarrisa Talisha - JPMorganPete Schleider - Peninsula CapitalNeil Wagner - Stephens IncorporatedEd Snyder - Charter Equity ResearchDrew Bark - Century Hill PartnersOperator Good afternoon my name is Christa, and I will be your conference operator today. At this time, I would like to welcome everyone to the TriQuint Semiconductor Fourth Quarter Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions). Thank you. Mr. Buhaly, you may begin your conference.Steve Buhaly Thank you. Good afternoon and welcome to our fourth quarter 2007 conference call. Intention of this call is to comply with Reg FD and to discuss matters the might effect TriQuint's business in the future. Forward-looking statements, such as about TriQuint's projected revenues, growth rates, gross margins, operating expenses, operating results, and earnings per share and risks and uncertainties. Results could differ materially based on various factors, including TriQuint's performance, demand for its products, ability to develop new products, improve yields, maintain product pricing, reduce costs and win customers, the results of its independent auditors quarterly review and annual audit, and the market conditions. In addition, historical information should not be considered an indicator of future performance. This presentation includes non-GAAP financial measures which exclude equity compensation charges and charges for in cost research and development resulting from our acquisition of Peak Devices. These non-GAAP measures are provided to enhance the users' overall understanding of our core operating performance. A full reconciliation of these non-GAAP measures can be found in our press release. Additional considerations and important risk factors are described in TriQuint's reports on Form…