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LTX - Credence's CEO Discusses Q1 F2012 Results - Earnings Call Transcript

LTX – Credence Corporation ( LTXC)

Q1 2012 Earnings Call

November 22, 2011 10:00 am ET

Executives

David Tacelli – President, Chief Executive Officer

Mark Gallenberger – Vice President, Chief Financial Officer

Analysts

Vernon Essi – Needham & Co.

CJ Muse – Barclays Capital

Christian Schwab – Craig-Hallum Capital

Patrick Ho – Stifel, Nicolaus

Tom Diffely – DA Davidson

David Dooley – Steelhead Securities

David Wu – Indaba Global Research

Presentation

Operator

Good morning and welcome to LTX – Credence Corporation’s First Quarter Analyst conference call. During the presentation, all participants will be in a listen-only mode. After the presentation, we will conduct a question and answer session. At that time, if you have a question please press star and then one on your touchtone telephone. At the request of LTX – Credence, this conference call is being recorded.

Speakers for today’s call will be David Tacelli, Chief Executive Officer and President, and Mark Gallenberger, Vice President and Chief Financial Officer. At this time, I would like to turn the conference over to Mr. Mark Gallenberger. Sir, you may begin.

Mark Gallenberger

Thank you, Karen. Welcome to LTX – Credence Corporation’s First Quarter Fiscal Year 2012 conference call for the period ended October 31, 2011. Joining me on today’s call is Dave Tacelli, CEO and President. After my introductory comments, Dave will discuss the Company’s performance for the first quarter and discuss the business outlook. Then I will provide further detail on the Company’s financial performance during the first quarter as well as provide guidance for the second quarter of fiscal year 2012. We will take your questions after our prepared remarks. A replay of this call will be made available through December 22 by dialing 855-859-2056 and the passcode is 24857480; or you can visit our website at ltxc.com.

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