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URS's CEO Discusses Q2 2012 Results - Earnings Transcript

URS Corporation (URS)

Q2 2012 Earnings Call

August 07, 2012 5:00 p.m. ET

Executives

Martin Koffel, Chairman, Chief Executive Officer

Thomas Hicks – Chief Financial Officer

Analysts

Tahira Afzal – KeyBanc

Alex Rygiel – FBR

Andrew Biscotti – Credit Suisse

Michael Bivins – Sterne Agee

Richard Paget – Imperial Capital

Andy Kaplowitz – Barclays

John Rogers – DA Davidson

Steven Fisher – UBS

Andrew Wittmann – Robert W Baird

Presentation

Operator

Good afternoon, and welcome to the URS Corporation Earnings Conference Call for the second quarter of fiscal 2012.To begin I’ll turn the call over to Mr. Thomas Hicks, Chief Financial Officer of URS. Mr. Hicks, sir you may begin.

Tom Hicks

Good afternoon, everyone. Before we get started let me remind you that today’s call will contain forward-looking statements, including statements about our revenues, business prospects, book of business, the Flynn acquisition, earnings and financial condition, foreign currency gains and losses, outstanding shares, tax rate, economic and industry conditions and other statements that are not historic facts. These statements represent our predictions and expectations as to future events, which we believe are reasonable or based on reasonable assumptions. However, numerous risks and uncertainties could cause actual results to differ materially from those expressed or implied in the forward-looking statements.

Information about some of these risks and uncertainties can be found in our earnings release and Form 10-Q for the quarterly period ending June 29, 2012, as well as in other SEC filings. And we assume no obligation to revise or update any forward-looking statements. A webcast of the call’s available on our Investor Relations portion of our website and will be archived in audio form on the website for a limited period.

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