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August 6, 2012 05:00 PM ET
Jeremy Warnick - Corporate Communications Manager
Randy Ortiz - President & CEO
Don Peck - EVP & CFO
Bill Dezellem - Titan Capital Management
Chris Owen - Plaisance Fund
Welcome to the LoJack Corporation Second Quarter 2012 Financial Results Conference Call. (Operator Instructions). I would now like to turn the conference over to Jeremy Warnick.
Good afternoon and thank you everyone for joining the call this afternoon. Our moderator is Randy Ortiz, Chief Executive Officer and President of LoJack. You will be joined on the call by Donald Peck, Chief Financial Officer. An archive of the webcast will be available through LoJack.com in the investor relation section. Any statements during this call that are not statements of historical fact are forward-looking statements. These forward-looking statements are based on a number of assumptions that involve a number of risk and uncertainties. Accordingly actual results could differ materially; for further information regarding the forward-looking statements and factors that may cause such differences please see the warning regarding forward-looking statements on our Form 10-K for the year ended December 31, 2011.
I will now turn the call over to Randy Ortiz.
Thank you Jeremy and good afternoon everybody. We appreciate the opportunity to share with you LoJack second quarter financial and operational results. I will begin this afternoon with an overview of the results and highlights from our domestic and international business segments. Don will then provide you a detailed financial review of our second quarter 2012 performance and update you on your outlook for the second half of the year. I will share my perspective on the auto industry and the growth we are continuing to see in the U.S. market.