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LTX-Credence Corporation CEO Discusses F2Q11 Results - Earnings Call Transcript

LTX-Credence Corporation (LTXC)

F2Q11 Earnings Call

February 24, 2011 10:00 am ET

Executives

Mark J. Gallenberger – Vice President and Chief Financial Officer

David G. Tacelli – Chief Executive Officer and President

Analysts

Patrick Ho – Stifel, Nicolaus & Co.

Vernon Essi, Jr. – Needham & Company, Inc.

Christopher J. Muse – Barclays Capital

Christian Schwab – Craig-Hallum Capital

David Duley – Steelhead Securities

John M. McLane – Tiedemann

Thomas Diffely – D. A. Davidson & Co.

John Nelson – State of Wisconsin Investment Board

Presentation

Operator

Good morning and welcome to the LTX-Credence Corporation’s Second Quarter Analyst Conference Call. During the presentation, all participants will be in a listen-only mode. After the presentation, we will conduct a question-and-answer session. (Operator Instructions) At the request of LTX-Credence, this conference is being recorded. The speakers for today’s call will be David Tacelli, Chief Executive Officer and President; and Mark Gallenberger, Vice President and Chief Financial Officer.

At this time, I would like to turn the conference over to Mr. Mark Gallenberger. Sir, you may begin.

Mark J. Gallenberger

Thank you. Welcome to LTX-Credence Corporation’s second quarter fiscal year 2011 conference call for the period ended January 31, 2011. Joining me on today’s call is Dave Tacelli, CEO and President. After my introductory comments, Dave will discuss the company’s performance for the second quarter and discuss the business outlook. Then I will provide further detail on the company’s financial performance during the second quarter as well as provide guidance for the third quarter of fiscal year 2011. We will take your questions after our prepared remarks.

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