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February 8, 2012 05:00 p.m. ET
Fletcher Chamberlin – Treasurer & Communications Director
Raymond A. Link – Executive Vice President and Chief Financial Officer
Dr. Don R. Kania – President and Chief Executive Officer
Patrick Ho – Stifel Nicolaus & Company, Inc.
Joe Maxa – Dougherty & Company
Zach Larkin – Stephens Inc.
James Ricchiuti – Needham & Co.
Mark Miller – Noble Financial Capital Markets
Thomas Diffely – D. A. Davidson & Co.
Good afternoon ladies and gentlemen, thank you for standing by. Welcome to the FEI Fourth Quarter Earnings 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, February 8, 2012 and I would now like to turn the conference over to Fletcher Chamberlin. Please go ahead.
Thank you, Douglas. Good afternoon ladies and gentlemen. As the operator said, I am Fletcher Chamberlin, FEI’s Treasurer and Communications Director. With me today at our headquarters in Oregon are Don Kania, our President and CEO; and Ray Link, Executive Vice President and Chief Financial Officer.
We’ve again posted some slides under Events & Presentations in the Investor Relations part of our website, www.fei.com. We will refer to these slides during today’s call. We hope having these slides will make it easier for you to listen to our comments rather than just focusing on getting the numbers recorded.
While you are pulling up the slides and before we get to the presentations, we also have the regular housekeeping matters to address. This call contains forward-looking statements. To the extent that we discuss expectations of our future corporate financial performance and goals, future customer orders, performance by product in the market, the outlook for margins and revenue, market developments and opportunities, future product and technology developments, the effects of future movements in exchange rates, future hiring plans, expected government spending for research tools, expected tax rate and other future events and plans, those statements are considered forward-looking subject to risks and uncertainties that could cause our actual results to differ from the forward-looking statements made.