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Stratasys' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stratasys, Inc. (SSYS)

Q2 2012 Earnings Call

August 1, 2012 8:30 a.m. ET

Executives

Shane Glenn - Director of Investor Relations

Scott Crump - Chief Executive Officer, President and Chairman

Robert Gallagher - Chief Financial Officer

Analysts

Troy Jensen - Piper Jaffray

Tim Mulrooney - William Blair & Company

Andrea James - Dougherty & Company

Steve Dyer - Craig-Hallum

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 Stratasys Earnings Conference Call. My name is Janetta, and I will be your operator for today. At this time, all participants are in listen-only mode. Later we will conduct a question-and-answer session. (Operator Instructions) As a reminder this conference is being recorded for replay purposes.

I will now like to turn the conference over to your host for today, Mr. Shane Glenn, Director of Investor Relations. Please proceed.

Shane Glenn

Thanks, Janetta. Good morning, everyone, and thank you for joining us to discuss our second quarter results. On the call with us today are Scott Crump, Chairman and CEO of Stratasys, and Bob Gallagher, CFO of Stratasys. Following the prepared remarks, we will open the call for questions. An audio replay of the call will also be available on our website later today.

Statements made during this call about Stratasys’ beliefs, intension and expectations, including statements regarding the expected timing and ultimate closing of the merger of Stratasys and Objet Limited, as well as the benefits thereof are forward-looking statements. The statements involve risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those projected in this presentation. Actual results may differ materially due to a number of factors, including risks and uncertainties relating to Stratasys’ ability to penetrate the 3D printing market, Stratasys’ ability to introduce, produce and market consumable materials and market acceptance of these materials; the impact of competitive pricing and products; Stratasys’ timely development of new products and materials and market acceptance of those products and materials; the success of Stratasys’ recent R&D initiative to expand the DDM capabilities of its core FDM technology; the success of Stratasys’ RedEye On Demand and other paid parts services; and Stratasys’ ability to complete its transaction with Objet Limited on the proposed terms and schedule, and achieve the anticipated benefits of the transaction.

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