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Mistras Group F4Q10 (Qtr End 05/31/10) Earnings Call Transcript

Mistras Group (MG)

F4Q10 (Qtr End 05/31/10) Earnings Call

August 11, 2010 9:00 a.m. ET

Executives

Sotirios Vahaviolos – Founder, Chairman, and CEO

Paul "Pete" Peterik – Former CFO

Frank Joyce - CFO

Analysts

William Stein – Credit Suisse

Scott Levine – JP Morgan

Matt Duncan – Stevens Inc.

Fred Buonocore – CJS Securities

Matt Tucker – KeyBanc Capital Markets

Richard Eastman – Robert W. Baird

Jeff Allen – Silvercrest

Presentation

Operator

Good day ladies and gentlemen, and welcome to the fourth quarter 2010 Mistras Group Inc. earnings conference call. [Operator instructions.] I would now like to turn your presentation over to Sotirios Vahaviolos. Please proceed.

Sotirios Vahaviolos

Good morning to all. Welcome to the Mistras Group earnings conference call to discuss our recent company performance. Again, my name is Sotirios Vahaviolos. I am the founder, chairman, and chief executive officer of Mistras.

Joining me today is Pete Peterik, the CFO of record for fiscal 2010, who is transitioning out of his role after we file the annual report, as well as Frank Joyce, our new company chief financial officer, who joined our team last month. Working together, we are assured of financial continuity as Pete passes the baton to his successor.

The purpose of today’s conference call is to discuss our recently released financial results for the company’s fourth fiscal quarter and annual results that ended May 31, 2010. Our primary objective of this call is to provide you with a clear understanding of our performance and prospects. This discussion is intended to supplement our quarterly earnings release and our filings with the Security & Exchange Commission.

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