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Hutchinson Technology's CEO Discusses F2Q12 Results - Earnings Call Transcript

Hutchinson Technology Inc. (HTCH)

F2Q12 Earnings Call

April 24, 2012 05:00 pm ET

Executives

Chuck Ives - Treasurer and Director, IR

Wayne Fortun - CEO

Rick Penn - President, Disk Drive Components Division

Dave Radloff - CFO

Analysts

Sherri Scribner - Deutsche Bank

Rich Kugele - Needham & Company

Mark Miller - Noble Financial

Justin Lu - Zazove Associates

Presentation

Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Hutchinson Technology second quarter results conference call.

During today's presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator Instructions) This conference is being recorded today, Tuesday, April 24th, 2012. And at this time I would now like to turn the conference over to Mr. Chuck Ives, Treasurer and Director of Investor Relations. Please go ahead.

Chuck Ives

Good afternoon, everyone. Welcome to our second 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, the restoration of our assembly operation in Thailand, capital spending, product costs, operating expenses, product commercialization and adoption and the company's cost structure, operating performance and financial results.

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