Prospect Medical Holdings, Inc. (PZZ)

F2Q10 (Qtr End 03/31/10) Earnings Call Transcript

May 18, 2010 4:15 pm ET


Devin Sullivan – IR, The Equity Group Inc.

Sam Lee – Chairman and CEO

Mike Heather – CFO


Kyle Smith – Jefferies & Company

Miles Highsmith – RBC Capital Markets

Jacques Cornet – Gates Capital



Good day everyone and welcome to the Prospect Medical Holdings second quarter financial results call. At this time, I would like to inform you that this conference is being recorded and that all participants are currently in a listen-only mode. I will now turn the conference over to Devin Sullivan. Please go ahead sir.

Devin Sullivan

Thank you, Michael, and good afternoon everyone. Thank you for joining us today for Prospect Medical Holdings’s second quarter financial results conference call. Our speakers today will be Sam Lee, Chairman and CEO of Prospect Medical Holdings; and Mike Heather, Chief Financial Officer. Also on the call is Adam Goldston, Prospect’s Senior Vice President. Before turning things over to Mr. Lee, I would like to remind everyone that statements made during today’s call may contain forward-looking statements which are not historical facts.

Investors are cautioned that forward-looking statements including statements regarding anticipated or expected results involve risks and uncertainties which may affect the company’s business and prospects including those outlined in prospects Form 10-Q, which was filed on May 17, 2010, and other filings.

Any forward-looking statements discussed during this call represent management’s estimates only as of the date hereof or as of such earlier dates as are indicated and should not be relied upon as representing estimates as of any subsequent date. While Prospect may elect to update forward-looking statements at some point in the future, the company specifically disclaims any obligation to do so even if its estimates change.

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