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Xerium Technologies' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Xerium Technologies (XRM)

Q1 2012 Earnings Call

May 09, 2012 9:00 am ET

Executives

Kevin McDougall - Executive Vice President and General Counsel

Stephen R. Light - Chairman, Chief Executive Officer, President and Member of Executive Committee

Clifford E. Pietrafitta - Chief Financial Officer, Principal Accounting Officer and Executive Vice President

Analysts

Talal R. Dimechkie - Sidoti & Company, LLC

Kevin J. Cohen - Imperial Capital, LLC, Research Division

Matt Sherwood

Mark Tobin - Roth Capital Partners, LLC, Research Division

Gary Madia - Gleacher & Company, Inc., Research Division

Richard Kus - Jefferies & Company, Inc., Research Division

John Pace

Richard C. Yu - Citigroup Inc, Research Division

Presentation

Operator

Ladies and gentlemen, welcome to the Xerium Technologies First Quarter 2012 Financial Results Conference Call on May 9, 2012.

[Operator Instructions]

I would now like to hand the conference over to Kevin McDougall, Executive Vice President and General Counsel. Please go ahead, sir.

Kevin McDougall

Thank you, and welcome to the Xerium Technologies first quarter 2012 financial results conference call. Joining me this morning are Stephen Light, the CEO, Chairman and President of Xerium Technologies; and Cliff Pietrafitta, Executive Vice President and Chief Financial Officer. Stephen will start the discussion this morning with an update on our progress, and then we'll provide further financial details with respect to the quarter. Subsequently, we will open the line for questions. The Xerium Technologies financial results for the quarter were announced in the press release after market closed on Tuesday, May 8, 2012. Notification of this call was broadly disclosed, and this conference call is being webcast using the link on the Investor Relations homepage on our website at www.xerium.com. We have also posted a slide presentation on our website, which we will refer to during this conference call.

I'd also note that we'll make comments today about future expectations, plans and prospects of the company such as our general expectations for 2012. These statements constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995.

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