IDEXX Laboratories, Inc. (IDXX)
Q1 2012 Earnings Conference Call
April 20, 2012 9:00 AM ET
Jonathan Ayers - Chairman, President & CEO
Merilee Raines - Corporate VP, CFO & Treasurer
Pete Levine - Director, Investor Relations.
David Clair - Piper Jaffray
Kristina Blaschek - William Blair & Company
Miroslava Minkova - Leerink Swann
Ross Taylor - C.L. King & Associates, Inc
Jonathan Block – SunTrust Robinson Humphrey
Erin Wilson - Bank of America-Merrill Lynch
Nicholas Jansen - Raymond James & Associates
Ben Haynor - Feltl and Company
Mitra Ramgopal - Sidoti & Company LLC
Welcome to the IDEXX Laboratories First Quarter 2012 Earnings Conference Call. As a reminder, today’s conference is being recorded. Participating in the call this morning are Jon Ayers, Chief Executive Officer; Merilee Raines, Chief Financial Officer; and Pete Levine, Director, Investor Relations.
IDEXX would like to prefix the discussion today with a caution regarding forward-looking statements. Listeners are reminded that statements that members of IDEXX management may make on this call regarding management’s future expectations and plans and IDEXX’s future prospects constitute forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by the use of words such as expects, may, anticipates, intends, would, will, plan, believes, estimates, should and similar words and expressions. Such statements include, but are not limited to statements regarding management’s expectations for financial results for future periods.
Listeners are reminded that actual results could differ materially from management’s expectations. Factors that could cause or contribute to such differences are described in IDEXX’s annual report on Form 10-K for the year ended December 31, 2011in the section captioned risk factors which are on file with the SEC and also available on IDEXX’s website idexx.com. In addition, any forward-looking statements represent IDEXX’s estimates only as of today and should not be relied upon as representing the company’s estimates as of any subsequent date.