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Varian Semiconductor Equipment Associates CEO Discusses Q1 2011 Results - Earnings Call Transcript

Varian Semiconductor Equipment Associates ( VSEA)

Q1 2011 Earnings Call

January 27, 2011 5:34 p.m. ET

Executives

Robert Halliday - Executive Vice President & Chief Financial Officer

Gary Dickerson - Chief Executive Officer

Analysts

CJ Muse - Barclays Capital

(Kari Sakaa) - Merrill Lynch

Edwin Mok - Needham & Company

(Nidi Hassini) - Susquehanna

Chris Blansett - JP Morgan

Steven Chin - UBS

Satya Kumar - Credit Suisse

Patrick Ho - Stifel Nicolaus

Mark Delaney - Goldman Sachs

Peter Kim - Deutsche Bank

Ben Pang - Caris Company

(Yagdish Ayer) - (Areet)

Presentation

Operator

Good day ladies and gentlemen and welcome to first quarter 2011 Varian Semiconductor Equipment Associates Incorporated earnings conference call. My name is Kathy and I’ll be your operator for today’s call. At this time all participants are in a listen only mode. Later we will conduct a question and answer session. If at any time during this call you require operator assistance please press star followed by 0 and an operator will be happy to assist you. I would now like to turn the conference over to your host for today’s call, Mr. Robert Halliday, Executive Vice President and Chief Financial Officer. Please proceed sir.

Robert Halliday

Good afternoon. I’m Bob Halliday, Varian Semiconductor’s Chief Financial Officer. I want to thank you for joining us for our fiscal 2011 first quarter conference call and webcast. With me on the call this afternoon is Gary Dickerson, our Chief Executive Officer. Before getting into our financial results, we want to remind you that during the course of this call we may make various comments about the company's future expectations, plans and prospects. These forward-looking statements are subject to various risks including those detailed in the company's public filings including our most recent 10-K filing. The company cannot guarantee that these forward-looking statements will actually occur and we assume no obligation to update these forward-looking statements.

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