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TheStreet Open House

Waters Management Discusses Q2 2012 Results - Earnings Call Transcript

Waters (WAT)

Q2 2012 Earnings Call

July 24, 2012 8:30 am ET

Executives

Douglas A. Berthiaume - Chairman, Chief Executive Officer and President

John A. Ornell - Chief Financial Officer and Vice President of Finance & Administration

Analysts

Daniel Brennan - Morgan Stanley, Research Division

Ross Muken - ISI Group Inc., Research Division

Nandita Koshal - Barclays Capital, Research Division

Daniel L. Leonard - Leerink Swann LLC, Research Division

Jonathan P. Groberg - Macquarie Research

Amit Bhalla - Citigroup Inc, Research Division

Doug Schenkel - Cowen and Company, LLC, Research Division

Tycho W. Peterson - JP Morgan Chase & Co, Research Division

Jon Davis Wood - Jefferies & Company, Inc., Research Division

Isaac Ro - Goldman Sachs Group Inc., Research Division

Sung Ji Nam - Cantor Fitzgerald & Co., Research Division

Derik De Bruin - BofA Merrill Lynch, Research Division

Presentation

Operator

Good morning. Welcome to the Waters Corporation Second Quarter 2012 Financial Results Conference Call. [Operator Instructions] This conference is being recorded. [Operator Instructions]. I would like to introduce your host for today's call, Mr. Douglas Berthiaume, Chairman, President and Chief Executive Officer of Waters Corporation. Sir, you may begin.

Douglas A. Berthiaume

Thank you. Well, good morning, and welcome to the Waters Corporation Second Quarter Financial Results Conference Call. With me on today's call is John Ornell, the Waters Chief Financial Officer; Art Caputo, the President of the Waters division; and Gene Cassis, Vice President of Investor Relations.

As is our normal practice, I will start with an overview of the quarter's results, and John will follow with details of our financials and provide you with our outlook for the third quarter of 2012 and for the full year. But before we get going, I'd like John to cover the cautionary language.

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