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Hutchinson Technology, Inc. (
F1Q2012 Earnings Conference Call
January 24, 2012 5:00 PM ET
Charles Ives – Director of Investor Relations and Treasurer
Wayne Fortun – President and Chief Executive Officer
Rick Penn – Senior Vice President and President of the Disk Drive Components Division
Dave Radloff – Vice President and Chief Financial Officer
Sherri Scribner – Deutsche Bank
Richard Kugele – Needham & Company
Matt Swope – Gleacher Securities
Tom Lewis – High Road Value Research
Mark Miller – Noble Financial
Shawn Boyd – Westcliff Capital Management
Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Hutchinson Technology first quarter results conference call.
During today's presentation, all parties will be in a listen-only mode. And following the presentation, the conference will be open for questions. (Operator instructions) This conference is being recorded today, Tuesday, January 24th, 2011.
I would now like to turn the conference over to Mr. Charles Ives, Treasurer and Director of Investor Relations. Please go ahead.
Good afternoon, everyone. Welcome to our first quarter results conference call. On the call with me today are Wayne Fortun, our Chief Executive Officer; Rick Penn, President of our Disk Drive Components Division; and Dave Radloff, our Chief Financial Officer.
Wayne will provide an overview of the business, Rick will provide an update on our Disk Drive Components Division, and Dave will speak to our financial results and guidance.
As a reminder, we will be providing forward-looking information on demand for and shipments of disk drives and the company's products, product mix, pricing, production capabilities, assembly operations in Thailand, the impact of flooding in Thailand, capital spending, product costs, operating expenses, product commercialization and adoption, manufacturing, consolidation and restructuring and the company's cost structure, operating performance and financial results.