eResearchTechnology, Inc. (ERES)

Q2 2010 Earnings Call Transcript

August 9, 2010 5:00 pm ET

Executives

Michael McKelvey – President and CEO

Keith Schneck – CFO and EVP

Analysts

Raghavan Sarathy – Dougherty & Company

James Terwilliger – Duncan-Williams

David Larson – Leerink Swann

Gene Mannheimer – Auriga

Raymond Myers – Benchmark Company

Mitra Ramgopal – Sidoti

Presentation

Operator

Good afternoon and welcome to the ERT 2010 second quarter results conference call. All participants will be in a listen-only mode. (Operator instructions) Please note that today’s event is being recorded. At this time, I would like to turn the conference call over to Dr. Michael McKelvey.

Dr. McKelvey, please go ahead.

Michael McKelvey

Thank you, Jamie, and good afternoon. Thank you for joining us for ERT’s second quarter 2010 earnings results conference call. A press release announcing the second quarter results was released this afternoon and is available at the ert.com and most financial websites. This press release includes the financial results for one month of our recent acquisition of CareFusion’s Research Services division or RS.

This is a transformative acquisition that we’re very excited about. Joining me today is Keith Schneck, Executive Vice President and Chief Financial Officer.

Prior to beginning the call, I would like to read the forward-looking event statement. Certain statements in today’s call may constitute forward-looking statements concerning the company’s operations, performance, financial conditions, and prospects as well as the RS acquisition and its potential impact on ERT. Because such statements involve known and unknown risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

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