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MTS Systems' CEO Discusses Q4 2011 Results - Earnings Call Transcript

MTS Systems (MTSC)

Q4 2011 Earnings Call

November 18, 2011 10:00 am ET

Executives

William V. Murray - Interim Chief Executive Officer, Interim President, Director and Member of Compensation Committee

Susan E. Knight - Chief Financial Officer and Vice President

Analysts

Elizabeth Murphy Lilly

Adam France - Keane Capital

Michael A. Hamilton - RBC Wealth Management, Inc., Research Division

John Franzreb - Sidoti & Company, LLC

Presentation

Operator

Good day, everyone and welcome to the MTS Fourth Quarter 2011 Earnings Release Call. This call is being recorded. Now I'd like to turn the conference over to Ms. Sue Knight. Please go ahead.

Susan E. Knight

Thank you, Jennifer. Good morning, and welcome to MTS Systems Fiscal 2011 Fourth Quarter Investor Teleconference. Joining me on the call today is Bill Murray, interim Chief Executive Officer.

I'd like to remind you that statements made today, which are not a historical fact, should be considered forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Future results may differ materially from these statements depending upon risks, some of which are beyond management's control. A list of such risks can be found in the company's latest SEC forms 10-Q and 10-K. The company disclaims any obligation to revise forward-looking statements made today based on future events.

This presentation may also include reference to financial measures which are not calculated in accordance with Generally Accepted Accounting Principles or GAAP. These measures may be used by management to compare the operating performance of the company over time, but they should not be considered in isolation or as a substitute for GAAP measures.

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