Williams Controls, Inc. (
F1Q2011 Earnings Call Transcript
February 3, 2011 4:15 pm ET
Dennis Bunday – CFO, EVP and Secretary
Pat Cavanagh – President and CEO
Paul Johnson – Nicusa Capital
Juan Noble – Taglich Brothers
Peter Nitz [ph]
Michael Taglich – Taglich Brothers
Good afternoon. My name is Michael and I would be your conference operator today. At this time, I would like to welcome everyone to the Williams Controls’ first quarter 2011 results conference call. (Operator instructions) I will now turn the call over to Mr. Dennis Bunday, Chief Financial Officer of Williams Controls. Please go ahead, sir.
Good afternoon, everyone, and welcome to our first fiscal quarter 2011 conference call. Before we begin, you should note that the following discussion and responses to questions reflect management's views as of today, February 3, 2011, and may include forward-looking statements.
Actual results may differ materially from those projected in the forward-looking statements. Information concerning risk factors and other factors that could cause actual results to differ materially is included in our filings with the SEC, including our 2010 Annual Report on Form 10-K, our fiscal 2011 quarterly reports on Form 10-Q and our fiscal 2011 current reports on Form 8-K.
Specific factors that may cause such a difference include, but are not limited to, availability of adequate working capital, domestic and international competitive pressures, increased governmental regulation, increased cost of materials and labor, and general economic conditions in the United States and abroad.