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Electro Scientific Industries, Inc. F1Q11 Earnings Call Transcript

Electro Scientific Industries, Inc. (ESIO)

F1Q11 Earnings Conference Call

July 28, 2010 5:00 PM ET


Brian Smith – Director, IR

Nicholas Konidaris – President and CEO

Paul Oldham – CFO


Jim Ricchiuiti – Needham & Company

Tom Diffely – D.A. Davidson & Co

Mark Miller – Noble Financial

Kelly Anderson – Sidoti & Company

Shawn Boyd – Westcliff Capital Management



Good day ladies and gentlemen and welcome to the ESI fiscal 2011 first quarter earnings conference call. My name is Christine and I would be your operator for today. At this time all participants are on a listen only mode. Later, we will conduct a question and answer session. (Operator Instructions) As a reminder, this call is being recorded for replay purposes. I will now like to turn the call over to your host for today Brian Smith, Director of Investor Relations. Please proceed.

Brian Smith

Thank you Christine and good afternoon everyone. My name is Brian Smith, Direct of Investor Relations for ESI. With me today are Nick Konidaris our CEO and Paul Oldham, our Chief Financial Officer. This conference call will cover our fiscal 2011 first quarter results. Before we go into the details of the call I would like to remind you that some of what we say on this call will include forward-looking statements concerning customer orders, shipments, revenue, gross margins, expenses and earnings.

These statements are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include a number of risks and uncertainties that are discussed in more detail in today’s press release and our filings with the SEC. Actual results may differ materially from those forward-looking statements. This call also contains time sensitive information that we believe to be accurate as of today, July 28, 2010 and which could change in the future. This call is the property of ESI.

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