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February 8, 2012 10:00 a.m. ET
W. Barry Gilbert – Chairman and CEO
Jennifer Belodeau – IMS
Mark Jordan – Noble Financial
Steve Shaw – Sidoti & Company
Bill Bloom – Comstock Partners
William Jones – Singular Research
Robert Littlehale – JPMorgan Chase
Greetings, and welcome to IEC’s Fiscal 2012 First Quarter Financial Results Conference Call.
At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions)
It is now my pleasure to introduce your host, Ms. Jennifer Belodeau. Thank you, Ms. Belodeau, you may begin.
Thank you. Thanks everybody for calling in. On the call this morning, we have Barry Gilbert, Chairman and CEO, as well as Vincent Leo, Interim Chief Financial Officer.
Before we get started, I would like to take a moment to read the Safe Harbor statement. This conference call contains certain forward-looking statements that involve risks and uncertainties including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the company; changes in the customer requirements and in the volume of sales to principal customers; competition and technological change; the ability of the company to control manufacturing and operating costs and satisfactory relationships with vendors.
The company’s actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors set forth in the company’s 2011 Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission. References to Non-GAAP financial measures in this presentation are reconciled to GAAP measures on our website iecelectronics.com.