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Lionbridge Technologies CEO Discusses Q3 2011 Results - Earnings Call Transcript

Lionbridge Technologies, Inc. ( LIOX)

Q3 2011 Earnings Call

November 03, 2011, 09:00 a.m. ET


Sara Buda - VP, IR and Corporate Development

Rory Cowan - Chairman and CEO

Don Muir - CFO


[Ahmed Singh] - Jefferies

Ben Rose - Battle Road Research

George Sutton - Craig Hallum

Kevin Liu - B. Riley

Rich Davis - Canaccord Adams

Vince Colicchio - Noble Financial

Rich Baldry - Wunderlich Securities



Welcome and thank you for standing by. At this time all participants are in a listen-only mode. After today’s presentation we will conduct a question-and-answer session. (Operator Instructions) Today’s call is being recorded. If you have any objections you may disconnect at this time.

I’d now like to turn the meeting over to Sara Buda. Ma’am, you may begin.

Sara Buda

Great. Thank you. Welcome everybody to the Lionbridge investor call to discuss financial results for the quarter of 2011. During this call we may make certain statements that may be considered forward-looking statements under the Federal Securities Laws and which involves risks and uncertainties. Our actual future results may differ significantly from the matters discussed in any forward-looking statements. We have disclosed in greater detail in our Form 10-K filed with the Securities and Exchange Commission on March 15, 2011, the factors that may cause such differences.

And now I’ll turn the call over to Lionbridge Chairman and CEO, Rory Cowan.

Rory Cowan

Great. Thank you, Sara and welcome everyone. Today as is traditional we will walk through a third quarter results and focus on three topics. A first gross revenue growth across all of our market to service offerings, what’s going on there? Our strong earnings and momentum as you saw for the conversion from this quarters announcement and also a first half of 2002 which really indicates continued revenue and profit growth as the of multi-year restructuring plan comes to an end and earning begin to accelerate. I’ll focus on around the first topic about revenue growth and Don will focus on points two and three, to talk about earnings and outlook for 2012.

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