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Xerium Technologies' CEO Discusses Q2 2011 Results - Earnings Call Transcript

Xerium Technologies (XRM)

Q2 2011 Earnings Call

August 10, 2011 9:00 am ET

Executives

Stephen Light - Chairman, Chief Executive Officer and President

Clifford Pietrafitta - Chief Financial Officer and Executive Vice President

Kevin McDougall - Executive Vice President and General Counsel

Analysts

Kevin Cohen - Imperial Capital, LLC

Richard Hoss - Roth Capital Partners, LLC

DeForest Hinman - Paradigm Capital Management

Unknown Analyst -

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Xerium Technologies Second Quarter 2011 Financial Results Conference Call on August 10, 2011. [Operator Instructions] I would now hand the call over to Mr. Kevin McDougall, Executive Vice President and General Counsel. Please proceed.

Kevin McDougall

Thank you, and welcome to Xerium Technologies Second Quarter 2011 Financial Results Conference Call. Joining me this morning are Stephen Light, the CEO, Chairman and President of Xerium Technologies; and Cliff Pietrafitta, Executive Vice President and Chief Financial Officer. Stephen will start the discussion this morning with an update on our progress, and then we'll provide further financial details with respect to the quarter. Subsequently, we will open the lines for questions.

Xerium Technologies financial results for the quarter were announced in a press release after market closed on Monday, August 8, 2011. Notification of this call was probably disclosed, and this conference call is being webcast using the link on the Investor Relations home page on our website at www.xerium.com. We have also posted a slide presentation on our website, which we'll refer to during this conference call.

I’d also note that we will make comments today about future expectations, plans and prospects of the company that constitute forward-looking statements for the purpose of the Safe Harbor provision under the Private Securities Litigation Reform Act of 1995. Our actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those described in Monday's press release and in our SEC filings. The forward-looking statements represent our view as of today, August 10, 2011, and we specifically disclaim any obligation to update these forward-looking statements.

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