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Daktronics' CEO Discusses Q3 2011 Results - Earnings Call Transcript

Daktronics (DAKT)

Q3 2011 Earnings Call

February 22, 2011 11:00 am ET

Executives

Bill Retterath - Chief Financial Officer, Principal Accounting Officer and Treasurer

James Morgan - Chief Executive Officer, President and Director

Analysts

Richard Ryan - Dougherty & Company LLC

James Ricchiuti - Needham & Company, LLC

Steven Dyer - Craig-Hallum Capital Group LLC

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Daktronics Fiscal Year 2011 Third Quarter Earnings Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Mr. Bill Retterath, Chief Financial Officer for Daktronics, for some introductory remarks. Please go ahead, sir.

Bill Retterath

Thank you. Good morning. We appreciate your participation in our third quarter conference call. We'll give some brief updates about the quarter and then open it up for questions.

I'd like to first offer our disclosure cautioning investors and participants. In addition to statements of historical facts, this call and our news release contain forward-looking statements reflecting our expectation and beliefs concerning future events, which could materially affect our performance in the future. We caution you that these and similar statements involve risks and uncertainties, including changes in economic and market conditions, management of growth, timing and magnitude of future orders and other risks as mentioned during this call and in our press release and our SEC filings, which may cause actual results to differ materially.

Forward-looking statements are made in the context of information available to us as of the date of this call. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

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