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Thoratec's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Thoratec Corporation (THOR)

Q1 2012 Earnings Call

May 1, 2012 4:30 pm ET

Executives

Taylor Harris – Senior Director, Investor Relations and Business Development

Gerhard F. Burbach – President and Chief Executive Officer

Roxanne Oulman – Vice President-Finance and Interim Chief Financial Officer

Analysts

Robert A. Hopkins – Bank of America Corporation

Christopher Pasquale – JPMorgan

Steven Lichtman – Oppenheimer & Company

Rajeev Jashnani – UBS Securities Co., Ltd.

Jason Mills – Canaccord Genuity

Bruce Nudell – Credit Suisse

Thomas Gunderson – Piper Jaffray

Matt Taylor – Barclays Capital

Suraj Kalia – Rodman & Renshaw

Jayson Bedford – Raymond James

Spencer Nam – ThinkEquity LLC

Danielle Antalffy – Leerink Swann LLC

Lawrence H. Biegelsen – Wells Fargo Securities, LLC

David Roman – Goldman Sachs

Derek Winters – Wunderlich Securities Inc.

Presentation

Operator

Good day, and welcome to the Thoratec Corporation Earnings Conference Call. Today’s conference is being recorded. At this time, I’d like to turn the conference over to Taylor Harris. Please go ahead, sir.

Taylor Harris

Thanks Camille. Good afternoon and thank you for joining us today. With me are Gary Burbach, President and Chief Executive Officer; and Roxanne Oulman, the company’s Interim Chief Financial Officer. Gary will discuss highlights from the first quarter of 2012 and then turn the call over to Roxanne, who will review the financial results for the quarter and provide an update on guidance for 2012. We will then open the call to your questions.

Before turning the call over to Gary, I want to remind you that, during the course of today’s conference call and the question-and-answer session that follows, we may make projections or other forward-looking statements that are subject to the Safe Harbor provisions of the Securities laws regarding future events or the financial performance of the company.

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