Survey Results: Earnings Releases and Earnings Calls


1. Regarding the archiving of earnings calls on our corporate web site: (Total responses: n=65)
(select only one)
n=20 (30.77%) We archive them for one quarter
n=1 (1.54%) We archive them for six months
n=4 (6.15%) We archive them for between 6 and 12 months
n=27 (41.54%) We archive them for 12 months
n=5 (7.69%) We archive them for over one year
n=8 (12.31%) We don't archive our earnings calls

2. When we make/provide our earnings calls and related materials timely by a broadly available webcast and/or teleconference: (Total responses: n=69)
(select only one)
n=4 (5.80%) We always file (or 'furnish') the transcript and related materials on a Form 8-K
n=3 (4.35%) We sometimes file (or 'furnish') the transcript and related materials on a Form 8-K
n=62 (89.86%) We never file (or 'furnish') a transcript and related materials on a Form 8-K (unless material information was disclosed during the earnings call that was not disclosed in the earnings release)

3. During the past few years: (Total responses: n=70)
(select only one)
n=9 (12.86%) We have changed our earnings release practices, so that such releases coincide with our 10-Q filings
n=28 (40.00%) We have kept our earnings release practices the same, and they get released a few weeks before our 10-Q filings
n=17 (24.29%) We have kept our earnings release practices the same, and they get released a few days before our 10-Q filings
n=10 (14.29%) We have changed our earnings release practices, so that they get released closer to the time of our 10-Q filings
n=6 (8.57%) Our earnings releases have always been released at the same time as the 10-Q filings
n=0 (0.00%) We decided to no longer provide earnings releases at all

4. In the near future: (Total responses: n=63)
(select only one)
n=2 (3.17%) We definitely intend to revise the timing of our earnings releases so that they coincide with our 10-Q filings (or no longer provide earnings releases at all)
n=7 (11.11%) We might revise the timing of our earnings releases so that they coincide with our 10-Q filings (or no longer provide earnings releases at all)
n=15 (23.81%) We don't need to change our earnings release practices because we recently did so
n=39 (61.90%) We are comfortable with our earnings releases being issued before our 10-Q filings and don't need to review those practices
n=0 (0.00%) We already no longer provide earnings releases at all

5. We issue our earnings releases: (Total responses: n=69)
(select only one)
n=16 (23.19%) Immediately before the start of the earnings calls
n=26 (37.68%) Two hours before start of the earnings calls
n=26 (37.68%) More than two hours before the start of the earnings calls
n=1 (1.45%) During or immediately after earnings calls
n=0 (0.00%) After, but within four business days of the earnings calls

6. We disclose earnings guidance: (Total responses: n=71)
(select only one)
n=12 (16.90%) In the text of the earnings release
n=6 (8.45%) During the earnings call, but not in the text of the earnings release
n=3 (4.23%) On a Form 8-K filing, but not in the text of the earnings release
n=22 (30.99%) In the text of the earnings release as well as during the earnings call
n=2 (2.82%) On a Form 8-K filing and in the text of the earnings release
n=10 (14.08%) During the earnings call, on a Form 8-K filing and in the text of the earnings release
n=16 (22.54%) We do not give earnings guidance

7. We provide archives of our earnings calls (eg. calling them 'podcasts'; here is an example): (Total responses: n=68)
(select only one)
n=58 (85.29%) On our website only
n=0 (0.00%) On iTunes only
n=1 (1.47%) On both our website and iTunes
n=9 (13.24%) We do not provide audio archives of our earnings calls