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International Rectifier's CEO Discusses F1Q13 Results - Earnings Call Transcript

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International Rectifier Corporation (NYSE:IRF) F1Q13 Earnings Call November 1, 2012 5:00 PM ET


Chris Toth – IR

Ilan Daskal – EVP and CFO

Oleg Khaykin – President and CEO


David Wong – Wells Fargo

Bill Ong – B Riley & Company

Mark Delaney – Goldman Sachs

Chris – FBR

Ramesh Misra – National Securities

Terence Whalen – Citi

Stephen Chin – UBS

Steve Smigie – Raymond James

Alex Gauna – JMP Securities


Good afternoon. My name is Madison and I will be your conference operator today. At this time, I would like to welcome everyone to the International Rectifier First Quarter Fiscal Year 2013 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. Chris Toth, you may begin your call.

Chris Toth

Thank you, Madison. Hello and good afternoon. We all welcome you to the International Rectifier conference call. On the call today are Chief Executive Officer Oleg Khaykin and Chief Financial Officer Ilan Daskal. I trust you’ve all seen copies of our press release, which was published about an hour ago. If not, the press release can be found on our website at investor.irf.com in the Investor Relations section.

Before we begin, I would like to remind you that except for historical information the matters that we will be describing this afternoon will be forward-looking statements that are dependent upon certain risks and uncertainties, including factors such as orders received and shipped during the quarter, the timing and introduction of new technologies and products, general semiconductor industry conditions, and the overall economy and financial markets. In addition to these risks, we refer you to the risk factors included in our press release that we issued about an hour ago and in our

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