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IDEXX Laboratories' CEO Discusses Q2 2011 Results - Earnings Call Transcript

IDEXX Laboratories, Inc. ( IDXX)

Q2 2011 Earnings Conference Call

July 22, 2011 09:00 ET

Executives

Merilee Raines – Chief Financial Officer

Jon Ayers – Chief Executive Officer

Analysts

Nicholas James – Raymond James and Associates

Ryan Daniels – William Blair and Company

Miroslava Minkova – Leerink Swann

David Clair – Piper Jaffray

Ross Taylor – C. L. King

Jonathan Block – SunTrust

Erin Wilson – Bank of America/Merrill Lynch

Mitra Ramgopal – Sidoti

Presentation

Operator

Good morning everyone and welcome to the IDEXX Laboratories Second Quarter 2011 Earnings Conference Call. Just a reminder, today’s conference is being recorded. Participating in the call this morning are Jon Ayers, Chief Executive Officer; Merilee Raines, Chief Financial Officer; and Pete Levine, Director, Investor Relations.

IDEXX would like to preface the discussion today with a caution regarding forward-looking statements. Listeners are reminded that statements that members of IDEXX management may make on this call regarding management’s future expectations and plans and IDEXX’s future prospects constitute forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements can be identified by the use of words such as expects, may, anticipates, intends, would, will, plans, believes, estimates, should and similar words and expressions. Such statements include, but are not limited to statements regarding management’s expectations for financial results for future periods.

Listeners are reminded that actual results could differ materially from management’s expectations. Factors that could cause or contribute to such differences are described in IDEXX’s quarterly report on Form 10-Q for the quarter ended March 31, 2011 and annual report on Form 10-K for the year ended December 31, 2010 in the section captioned Risk Factors, which are on file with the SEC and also available on IDEXX’s website, idexx.com.

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