Sigma Designs CEO Discusses F2Q2011 Results - Earnings Call Transcript

Aug. 25, 2010 10:24 PM ETSigma Designs, Inc. (SIGM)
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Sigma Designs, Inc. (OTC:SIGM) F2Q2011 Earnings Call Transcript August 25, 2010 5:00 PM ET

Executives

Ed McGregor – IR Manager

Tom Gay – CFO

Thinh Tran – Chairman and CEO

Ken Lowe – VP, Strategic Marketing

Analysts

Joseph Longobardi [ph] – RBC Capital Markets

Sukhi Nagesh – Deutsche Bank

John Vinh – Collins Stewart

Daniel Amir – Lazard Capital Markets

Hamed Khorsand – BWS Financial

Stephen Chin – UBS

Dunham Winoto – Avian

Operator

Good day, ladies and gentlemen, and welcome to the second quarter 2011 Sigma Designs earnings conference call. My name is Alisha and I'll be your coordinator for today. (Operator instructions) I would now like to turn the presentation over to your host for today’s call, Mr. Ed McGregor, Manager of Investor Relations. Please proceed, sir.

Ed McGregor

Thank you, Alisha. Welcome to Sigma Designs' conference call to discuss financial results for our second fiscal quarter of 2011. I am Ed McGregor, Manager of Investor Relations and with me today are Thinh Tran, Sigma’s Chairman and CEO; Tom Gay, our CFO; and Ken Lowe, our Vice President of Strategic Marketing.

The press release containing the quarter results, including selected income statement and balance sheet information, was released after the market closed today. If you did not receive the results, the release is available in the Investor Section of our website.

Today's agenda will begin with my brief introduction, a review of selected financials by Tom, an executive overview by Thinh, a market update by Ken and comments on guidance by Thinh. We will then open the call to questions from analysts and institutional investors, and we expect to conclude the call within one hour.

Before we begin, I would like to remind everyone that today's call contains forward-looking information, including guidance we provide about our future revenue, gross margins, and other

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