Hutchinson Technology Incorporated (
F2Q 2011 Earnings Conference Call
April 26, 2011 5:00 PM EST
Chuck Ives – Treasurer and Director of IR
Wayne Fortun – CEO
Rick Penn – President, Disk Drive Components Division
Dave Radloff – CFO
Sherri Scribner – Deutsche Bank
Eric Reubel – MTR Securities
Tom Lewis – High Road Value Research
Mark Miller – Noble Financial Capital Markets
David Epstein – CRT
Jeremy Skrezyna [ph] – Andalusia Capital Partners
Good afternoon, ladies and gentlemen, and thank you for standing by, and welcome to the Hutchinson Technology second quarter results conference call.
At this time, all participants are in a listen-only mode. And following the presentation, instructions will be given for the question-and-answer session. (Operator Instructions).
And as a reminder, this conference is being recorded today, April 26
I would now like to turn the conference over to Chuck Ives. Please go ahead.
Good afternoon, everyone. Welcome to our second quarter results conference call. On the call with me today are Wayne Fortun, our Chief Executive Officer; Rick Penn, President of our Disk Drive Components Division; and Dave Radloff, our Chief Financial Officer.
Wayne will provide an overview of the business as well as a brief update on our BioMeasurement Division; Rick will provide an update on our Disk Drive Components Division; and Dave will speak to our financial results and guidance.
As a reminder we will be providing forward-looking information on-demand for and shipments of disk drives and the company’s products, market position, product mix, pricing, production capabilities and capacity, capacity utilization, assembly operations in Thailand, capital spending, product costs, manufacturing consolidation and restructuring, operating expenses, our BioMeasurement Division’s revenue and expenses, clinical evidence, product commercialization and adoption, and the company’s cost structure, operating performance and financial results.