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Daktronics' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stocks in this article: DAKT

Daktronics (DAKT)

Q1 2012 Earnings Call

August 23, 2011 11:00 am ET

Executives

William Retterath - Chief Financial Officer, Principal Accounting Officer and Treasurer

James Morgan - Chief Executive Officer, President and Director

Analysts

Robert Hoffman - Candlewood Capital

Stephen Altebrando - Sidoti & Company, LLC

Richard Ryan - Dougherty & Company LLC

James Ricchiuti - Needham & Company, LLC

Steven Dyer - Craig-Hallum Capital Group LLC

Unknown Analyst -

Morris Ajzenman - Griffin Securities, Inc.

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Daktronics Fiscal Year 2012 First Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded today, Tuesday, August 23, 2011, and is available on the company's website at www.daktronics.com. I would now like to turn the conference over to Mr. Bill Retterath, Chief Financial Officer for Daktronics, for some introductory remarks. Please go ahead, sir.

William Retterath

Thank you, and Good morning, everyone. We appreciate your participation in our conference call. I'll give some brief updates about the quarter, and then open it up for Q&A, following our prepared comments.

I'd like to first offer our disclosure cautioning investors and participants. In addition to statements of historical facts, this call and our news release contain forward-looking statements, reflecting our expectations and beliefs on future events, which could materially affect our performance in the future. We caution you that these and similar statements involve risks and uncertainties, including changes in the economic and market conditions, management of growth, timing and magnitude of future orders and other risks as mentioned during this call, and in our press release and our SEC filings. Forward-looking statements are made in the context available to us as of the date of this call. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

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