This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

FEI's CEO Presents At Bank Of America Merrill Lynch 2012 Health Care Conference (Transcript)

Stocks in this article: FEIC

We want to continue to expand geographically in the recent quarters. Almost 50% of our business comes out of Asia and Japan, and that’s the dramatic shift over the past two years. We made significant investments there to grow.

And we continue to grow in established markets Europe and U.S. in particular. And at the same time, we are improving our margin performance overall, that includes delivering better value to the customers through workflow based products. Our new customers, our new businesses have higher margins than are older businesses and then we continue to improve our operations internally.

A snapshot here, as we look at the order performance over the past few years on the left-hand side with compound annual growth rate about 12% and in the near-term, you can see in the past few quarters have pretty good trajectory. In fact, we delivered record orders in last quarter in Q1 that we just reported, which is actually unusual, because it’s really off our seasonal pattern, usually Q4 is the strongest quarter, and that was, I’ll go a little bit on the strength of that.

So, let me go through the bookings by segment here, now we’ve taken that view from a marketplace perspective, you can see the four years below last couple of years.

And what we like in FEI is to have a balance amongst our businesses. We like to keep Electronics around the third of our business, so you can see up stage in that range, that’s the semiconductor business. We see it is a cyclical growth business, not as just a cyclical, like, I’ll show you some more information on that.

Read the rest of this transcript for free on seekingalpha.com

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,444.11 +56.90 0.33%
S&P 500 2,031.10 +1.55 0.08%
NASDAQ 4,705.1710 +23.6740 0.51%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs