PeopleSupport Inc. Q1 2008 Earnings Call Transcript

Jun. 02, 2008 11:42 AM ETPeopleSupport Inc. (PSPT) StockPSPT
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PeopleSupport Inc. (PSPT) Q1 2008 Earnings Call May 9, 2008 7:30 AM ET

Executives

Peter Hargittay - IR
Lance Rosenzweig - Chairman and CEO
Caroline Rook - CFO

Analysts

Joseph Foresi - Janney Montgomery Scott
Cynthia Houlton - RBC Capital Markets.
Tom Smith - First Analysis
Nate Swanson - ThinkEquity
Matt McCormack - FBR Capital Markets
David Scharf - JMP Securities
Michael Perna - AAD Capital

Operator

Good day, and welcome everyone, to the PeopleSupport first quarter 2008 earnings results conference call. This call is being recorded. At this time, I would now like to turn the call over to Mr. Peter Hargittay with Investor Relations and Marketing. Please go ahead.

Peter Hargittay

Thank you and good afternoon. Welcome to PeopleSupport's first quarter 2008 earnings call. On the call today are Lance Rosenzweig, PeopleSupport's Founder, Chairman and CEO, and Caroline Rook, PeopleSupport's Chief Financial Officer.

This call is being broadcast in the Investor Relations portion of our website and a replay of this call will be available shortly. Our first quarter 2008 earnings release was issued earlier today. We will start with a brief statement on the performance of the Company during the first quarter, and then provide our outlook for the second quarter and full-year ‘08. After that, we will open up the discussion for questions and answers.

Before I hand the call over to PeopleSupport's management team, I would like to remind you that some of our comments we'll make today, maybe forward-looking statements and these must be read in conjunction with risks that the company faces. Management may make statements regarding our anticipated future financial results and our operating performance, our business, our expectations regarding our expenses, industry and competitive trends, anticipated market conditions and expansion of our service capabilities. We base these types of forward-looking statements and information on our beliefs, projections and expectations, assumptions we’ve

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