Mistras Group, Inc. (MG)

F1Q2011 Earnings Call Transcript

October 13, 2010 9:00 am ET


Sotirios Vahaviolos – Chairman, and CEO

Frank Joyce – CFO


Rodney Clayton – JP Morgan

Matt Tucker – KeyBanc Capital Markets

Matt Duncan – Stephens Inc.

William Stein – Credit Suisse

Richard Eastman – Robert W. Baird

Fred Buonocore – CJS Securities

Elana Wood – Bank of America/Merrill Lynch



Good day ladies and gentlemen, and welcome to the first quarter 2011 Mistras Group, Inc. earnings conference call. My name is Tama and I will be your coordinator for today. (Operator instructions) I like to turn the call over to your host for today, Sotirios Vahaviolos, CEO. Please proceed.

Sotirios Vahaviolos

Tama, thank you very much, and good morning to all. Welcome to the Mistras Group earnings conference call to discuss our recent company performance. Again, my name is Sotirios Vahaviolos. I am the founder, chairman, and chief executive officer of Mistras.

Joining me today is Frank Joyce, our company’s Chief Financial Officer, who joined our company in July. The purpose of today’s conference call is to discuss our recently released financial results for the company’s first fiscal quarter ended August 31, 2010. Our primary objective of this call is to provide you with a clear understanding of our performance and prospects. This discussion is intended to supplement our quarterly earnings release and our filings with the Security & Exchange Commission.

Frank will begin will a brief disclaimer about the information we are providing today and a summary review of our financial results. I will then follow Frank with a few remarks and observations about our performance, marketing activity, and prospects. We will then answer any questions you may have. With that, Frank, let me turn it over to you.

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