This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Vermillion Management Discusses Q2 2012 Results - Earnings Call Transcript

Vermillion (VRML)

Q2 2012 Earnings Call

August 14, 2012 4:30 pm ET


Gail S. Page - Chief Executive Officer and President

Eric Schoen - Chief Accounting Officer

William Creech - Vice President of Sales & Marketing

Donald G. Munroe - Chief Scientific Officer and Vice President of Research & Development


Trey Cobb - Stephens Inc., Research Division

Kevin DeGeeter - Ladenburg Thalmann & Co. Inc., Research Division



Good afternoon, everyone, and thank you for participating in today's conference call to discuss Vermillion's Second Quarter Ended June 30, 2012. Joining us today are Gail Page, the President and Chief Executive Officer of Vermillion; and Eric Schoen, the company's Chief Accounting Officer. Following their remarks, we will be opening up the call for your questions. Then before we conclude the today's call, I'll provide the company's Safe Harbor statement with important cautions against forward-looking statements made during this call.

Before we begin, I would like to remind everyone that this call is being recorded and will be available for replay through August 28, 2012, starting later this evening via the link provided in today's press release, as well as on the company's website.

Now I would like to turn the call over to President and CEO of Vermillion, Ms. Gail Page. Please go ahead, ma'am.

Gail S. Page

[Technical Difficulty]

Can you hear me now operator?


Yes, please go ahead.

Gail S. Page

Okay. Well, thank you, and we'll begin again. Good afternoon, everyone, and thank you for joining us. During the second quarter, we celebrated the 2-year launch mark of OVA1. Today, we will discuss the original vision of making OVA1 the standard of care and the accomplishments that are putting the cornerstones in place to achieve that goal. We will begin by having our Chief Accounting Officer, Eric Schoen, take us through the financial details for the quarter. Following that, I will discuss more about the quarter and provide an update on some exciting recent developments, as well as our outlook for 2012. We'll then open up the call for your questions. I will now turn it over to Eric.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.31%
FB $102.01 0.10%
GOOG $682.40 -0.10%
TSLA $151.04 0.38%
YHOO $27.04 1.05%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs