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Williams Controls' CEO Discusses F1Q2012 Results - Earnings Call Transcript

Williams Controls, Inc. ( WMCO)

F1Q2012 Earnings Conference Call

February 7, 2012 10:30 AM ET

Executives

Pat Cavanagh – President & CEO

Dennis Bunday – Executive VP & CFO

Analysts

Matthew Berry – Lane Five Capital Management

John Nobile – Taglich Brothers

Presentation

Operator

Good morning. My name is Jessica and I will be your conference operator today. At this time, I'd like to welcome everyone to the Williams Controls First Quarter 2012 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator instructions) Thank you.

Dennis Bunday, Chief Financial Officer of Williams Controls, you may begin your conference.

Dennis Bunday

Good morning, everyone and welcome to our first quarter fiscal 2012 conference call.

Before we begin, you should note that the following discussions and responses to questions reflects management's views as of today, February 07, 2012, and may include forward-looking statements.

Actual results may differ materially from those projected in the forward-looking statements. Information concerning risk factors and other factors that could cause actual results to differ materially is included in our filings with the SEC, including our 2011 annual report on Form 10-K, our fiscal 2012 quarterly reports on Form 10-Q, and our fiscal 2012 current reports on Form 8-K.

Specific factors that may cause such a difference include, but are not limited to, availability of adequate working capital, domestic and international competitive pressures, increased governmental regulations, increased costs of materials and labor, and general economic conditions in the United States and abroad.

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