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Global Industries' CEO Discusses Q1 2011 Results - Earnings Call Transcript

Global Industries, Ltd. ( GLBL)

Q1 2011 Earnings Call

May 5, 2011 10:00 AM ET

Executives

Andy Smith – SVP and CFO

John Reed – CEO

Ashit Jain – COO and SVP, Asia Pacific & India

Analysts

Joe Gibney – Capital One Southcoast

Martin Malloy – Johnson Rice

Michael Marino – Stephens

Graham Mattison – Lazard Capital

Presentation

Operator

Welcome to Global Industries first quarter earnings conference call. At this time, all participants are in a listen-only mode. After the presentation we will conduct a question-and-answer session. (Operator Instructions) Today’s conference is being recorded. If you have any objections you may disconnect at this time.

On the call this morning are John Reed, Chief Executive Officer, Andy Smith, Chief Financial Officer and Ashit Jain, Chief Operations Officer. I would now like to turn the meeting over to Mr. Andy Smith. Sir, please begin.

Andy Smith

Thank you. Good morning. I’d like to welcome everyone to Global Industries first quarter 2011 earnings conference call. The call is being recorded and will be available on our website at globalind.com.

Before we begin, I would like to remind everyone that certain of our comments and responses to questions reflect our current views and assumptions and are considered forward-looking statements as defined in securities laws and regulations and may include risks and uncertainties which are more fully described in our filings with the Securities and Exchange Commission. Interested parties are directed to our website for access to our SEC filings.

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