Transcend Services, Inc. (TRCR)

Q2 2010 Earnings Call Transcript

July 29, 2010 11:00 am ET


Larry Gerdes – Chairman, Founder and CEO

Lance Cornell – CFO

Susan McGrogan – President and COO


Tom Gallucci – Lazard Capital Markets

Ryan Daniels – William Blair

Brad Hoover – Sidoti & Company

Lenny Dunn – Freedom Investors

Sasha Kostadinov – Shaker Investments

Stephanie Haggerty – Register Financial

Craig Hoagland – Anderson Hoagland and Associates



Good morning. My name is Gennetta and I will be your conference operator today. At this time, I’d like to welcome everyone to the Transcend Services second quarter 2010 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator instructions) Mr. Gerdes, you may begin your conference.

Larry Gerdes

Thank you, Gennetta. Good morning. I am Larry Gerdes, Chairman of the Board and Chief Executive Officer of Transcend Services Inc. Joining me today for this conference call are Lance Cornell, Transcend's Chief Financial Officer; and Susan McGrogan, our President and Chief Operating Officer. This call is regarding Transcend's operating results for the quarter ended June 30, 2010. After we discuss our financial and operational results, we will conduct a question-and-answer period.

Now, I will ask Lance to state our disclaimer.

Lance Cornell

Thanks, good morning. We would like to ensure that everyone understands that our commentary and responses during this conference call may contain forward-looking statements dealing with topics such as our business strategy, our anticipated future results, our service offerings, our relationships with other companies or customers and our ultimate role in the market. There is the risk that these forward-looking statements or predictions may differ materially from results because of factors such as company decisions, market conditions, business relationships and/or performance of various third parties associated with Transcend including but not limited to their access to capital and their financial condition.

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