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IEC Electronics CEO Discusses F1Q2011 Results - Earnings Call Transcript

IEC Electronics Corporation ( IEC)

F1Q2011 Earnings Conference Call

February 3, 2011 10:00 AM ET

Executives

John Nesbett – President, IMS

Barry Gilbert – Chairman and CEO

Susan Topel-Samek – VP and CFO

Analysts

Mark Jordan – Noble Financial

Jennifer Welford – Comstock Partners

John Walthausen – Walthausen and Company

Robert Little – Morgan Chase

Garry Palmer – Retirement Solutions

Stephen Shaper – Narromine

Gerard McLean – Private Investor

Presentation

Operator

Greetings and welcome to the IEC Electronics Fiscal 2011 First Quarter Earnings Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host John Nesbett, President of IMS. Thank you Mr. Nesbett, you may begin.

John Nesbett

Good morning and thank you for calling in. On the call at this morning, we have Barry Gilbert, Chairman and Chief Executive Officer as well as Sue Topel-Samek, Vice President and Chief Financial Officer.

Before we get started, I’d like to take a quick moment to read the Safe Harbor Statement. This conference call including any discussion regarding the company’s future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the company, changes in the customer requirements and in the volume of sales to principal customers, competition and technological change, the ability of the company to control manufacturing and operating costs, the ability of the company to develop and maintain satisfactory relationships with investors sorry with bankers and the ability of the company to efficiently integrate acquired companies into its business.

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