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IPG Photonics Corporation (IPGP)
Q1 2012 Earnings Call
May 1, 2012 10:00 a.m. ET
Angelo Lopresti - VP and General Counsel
Dr. Valentin Gapontsev - CEO
Tim Mammen - VP and CFO
Zach Larkin - Stephens
Tom Hayes - Thompson Research Group
Mark Douglass - Longbow Research
Jim Ricchiuti - Needham and Company
Krish Sankar - Bank of America Merrill Lynch
Patrick Newton - Stifel, Nicolaus
Joe Maxa - Dougherty and Company
Avinash Kant - D.A. Davidson
Jagadish Iyer - Piper Jaffray
Olga Levinzon - Barclays Capital
Mark Miller - Noble Financial
Jiwon Lee - Sidoti and Company
Arthur Weiss - Lord Abbott
Good morning, and welcome to IPG Photonics’ First Quarter 2012 Financial Results Conference Call. Today’s call is being recorded and webcast. There will be an opportunity for questions at the end of the call. (Operator Instructions) At this time, I would like to turn the call over to Mr. Angelo Lopresti, IPG’s Vice President, General Counsel and Secretary, for introductions. Please go ahead, sir.
Thank you, and good morning, everyone. With us today is IPG Photonics’ Chairman and Chief Executive Officer, Dr. Valentin Gapontsev, and Vice President and Chief Financial Officer, Tim Mammen.
Statements made during the course of this conference call that discuss management’s or the company’s intentions, expectations or predictions of the future, are forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that could cause the company’s actual results to differ materially from those projected in such forward-looking statements. These risks and uncertainties include those detailed in IPG Photonics’ Form 10-K for the year ended December 31, 2011 and other reports on file with the Securities and Exchange Commission.