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Thoratec's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stocks in this article: THOR

Thoratec Corporation (THOR)

Q2 2012 Earnings Call

August 1, 2012 4:30 p.m. ET

Executives

Taylor Harris - Senior Director, Investor Relations and Business Development

Gerhard Burbach - President and Chief Executive Officer

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

Analysts

Matt Taylor - Barclays Capital

Thomas Gunderson - Piper Jaffray

Jayson Bedford - Raymond James

Cameron Hansen - Goldman Sachs

Larry Biegelsen - Wells Fargo

Spencer Nam - ThinkEquity

Christopher Pasquale - JPMorgan

Danielle Antalffy - Leerink Swann

Jason Mills - Canaccord Genuity

Rajeev Jashnani - UBS

Bob Hopkins - Bank of America

Steven Lichtman - Oppenheimer & Company

Presentation

Operator

Good day and welcome to the Thoratec Corporation Earnings Conference Call. Today’s conference is being recorded. After the presentation we will be conducting a question-and-answer session. (Operator Instructions) At this time, I’d like to turn the conference over to Mr. Taylor Harris. You may begin, sir.

Taylor Harris

Thanks, Brian. Good afternoon and thank you for joining us today. With me today are Gary Burbach, President and Chief Executive Officer; and Roxanne Oulman, the company’s Interim Chief Financial Officer. Gary will discuss highlights from the second quarter of 2012 and then turn the call over to Roxanne, who will review the financial results for the quarter. 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. We caution you that these statements are only predictions and that actual results may differ materially. We also alert you to the risks contained in the documents we file with the Securities and Exchange Commission, such as our annual and quarterly reports on Forms 10-K and 10-Q. We do not undertake any obligation to update or correct any forward-looking statements. Gary?

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