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John Bean Technologies Corporation Q1 2010 Earnings Call Transcript

John Bean Technologies Corporation (JBT)

Q1 2010 Earnings Call Transcript

May 10, 2010 10:00 am ET

Executives

Cindy Shiao – Director, IR

Charlie Cannon – Chairman, President and CEO

Ron Mambu – VP, CFO, Treasurer and Controller

Analysts

Liam Burke – Janney

Jason Ursaner – CJS Securities

Gregory Macosko – Lord Abbett

Michael Saloio – Sidoti & Company

Presentation

Operator

Good morning. My name is Ashley and I will be your conference operator today. At this time, I would like to welcome everyone to the JBT Corporation first quarter 2010 earnings 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)

I would now like to turn the conference over to Cindy Shiao, Director of Investor Relations. Ma'am, you may begin your conference.

Cindy Shiao

Thank you, Ashley. Good morning, everyone and welcome to our first quarter 2010 conference call. This morning, we issued a Press Release outlining our company's financial performance for the first quarter of 2010. With me on the call are Charlie Cannon, Chairman and CEO and Ron Mambu, Vice President and CFO.

Before we begin, I want to remind everyone that this call may contain certain forward-looking statements that are subject to the Safe Harbor language in today's Press Release and 8-K filings. Both documents are available on our Investor Relations website, as are a reconciliation of non-GAAP financial measures mentioned on today's call to their corresponding GAAP measures. I also refer you to our disclosures regarding risk factors in our 2009 Annual Report on Form 10-K filed with the Securities and Exchange Commission.

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