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American Superconductor,'s CEO Discusses Q1 2011 Results - Earnings Call, Sep 23, 2011 Transcript

American Superconductor, (AMSC)

Q1 2011 Earnings Call, Sep 23, 2011

September 23, 2011 9:00 am ET


David A. Henry - Chief Financial Officer, Principal Accounting Officer, Senior Vice President, Secretary and Treasurer

Daniel Patrick McGahn - Chief Executive Officer, President and Director

Jason Fredette - Managing Director of Corporate Communications


Timothy M. Arcuri - Citigroup Inc, Research Division

Theodore R. O'Neil - Wunderlich Securities Inc., Research Division

David Giesecke - Wedbush Securities Inc., Research Division

Pavel Molchanov - Raymond James & Associates, Inc., Research Division

Paul Clegg - Mizuho Securities USA Inc., Research Division

JinMing Liu - Ardour Capital Investments, LLC, Research Division

Carter W. Driscoll - Capstone Investments, Research Division

Elaine Kwei - Jefferies & Company, Inc., Research Division

James Ricchiuti - Needham & Company, LLC, Research Division

Christopher M. Kovacs - Robert W. Baird & Co. Incorporated, Research Division



Good day, everyone, and welcome to the American Superconductor's Conference Call. This call is being recorded. [Operator Instructions] With us on the call this morning are American Superconductor’s President and CEO, Daniel McGahn; Senior Vice President and CFO, David Henry; and Vice President of Communications and Marketing, Jason Fredette. For opening remarks, I would like to turn the call over to Mr. Jason Fredette. Please go ahead, sir.

Jason Fredette

Thank you, Christie, and welcome to the call, everyone. We'll be discussing our financial results this morning as well as a separate press release we issued with other business updates and contract wins.

Before we begin, I'd like to note that various remarks management may make on this conference call about American Superconductor’s future expectations, plans and prospects constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including those discussed in the Risk Factors section of our annual report on Form 10-K for the fiscal year ended March 31, 2011, which we filed with the SEC earlier today. These forward-looking statements represent the company’s expectations only as of today and should not be relied upon as representing the company’s views as of any subsequent date to today. While American Superconductor anticipates that subsequent events and developments may cause the company’s views to change, we specifically disclaim any obligation to update these forward-looking statements.

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