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Electro Scientific Industries CEO Discusses F2Q2011 Results ¿¿ Earnings Call Transcript

Electro Scientific Industries, Inc. (ESIO)

F2Q2011 Earnings Conference Call

October 28, 2010 5 PM ET

Executives

Brian Smith – Director, IR

Nick Konidaris – President and CEO

Paul Oldham – VP, Administration, Corporate Secretary and CFO

Analysts

Jim Ricchiuiti – Needham & Company

Mark Miller – Noble

Tom Diffely – D.A. Davidson

David Duley – Steelhead Securities

David Fondrie – Heartland Funds

Presentation

Operator

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

Brian Smith

Thank you Kathy and good afternoon everyone. My name is Brian Smith, Director 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 second 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, revenues, 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, October 28, 2010 and which could change in the future. This call is the property of ESI.

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