This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

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

Executives

Sara Buda - VP, IR and Corporate Development

Rory Cowan - Chairman and CEO

Don Muir - CFO

Analysts

[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

Presentation

Operator

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.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs