Callidus Software Inc. Q1 2009 Earnings Call Transcript

Apr. 30, 2009 9:49 PM ETCallidus Software, Inc. (CALD)
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Callidus Software Inc. (NASDAQ:CALD) Q1 2009 Earnings Call Transcript April 30, 2009 4:30 PM ET


Leslie Stretch - President and CEO

Ron Fior - SVP of Finance and Operations and CFO


Mark Murphy - Piper Jaffray

Michael Nemeroff - Wedbush

Kevin Liu - B. Riley & Company

Dan Rise - Northland Securities

John Zaro - Bourgeon Capital

Gregg Speicher - Moss Creek

Ted Ketterer - TK Associates


Welcome to the Callidus Software Incorporated First Quarter 2009 Earnings Conference Call. My name is Michel and I will be your operator for today.

At this time, all participants are in listen only mode. We will be facilitating a question and answer session toward the end of today’s conference. (Operator instructions). As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the presentation over to your host for today’s call, Mr. Ron Fior, Chief Financial Officer. Please proceed.

Ron Fior

Welcome to Callidus Software's first quarter 2009 conference call. With me on the call today is Leslie Stretch, President and CEO of Callidus Software. Shortly after the market closed today, Callidus issued financial results for the first quarter of 2009. The press release was posted on the wire and is available on our website at

We would like to remind you that during the course of this conference call, we will make forward-looking statements, including predictions and estimates. These statements, including statements regarding future revenues and margins, on-demand bookings, DSOs, expenses, sales and marketing expectations, strategies, product development, and strategic partnerships involve a number of risks and uncertainties.

Actual results may differ materially from any future performance suggested in our forward-looking statements. We refer you to the Company's Form 10-K for the year 2008 on file with SEC for important risk factors that

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