IntegraMed America, Inc. (INMD) Q1 2011 Earnings Call May 03, 2011 10:00 am ET Executives Norberto Aja - IR Jay Higham - President and CEO Tim Sheehan - VP and Interim CFO Analysts Deepak Chaulagai - Dougherty & Company Frank Dilorenzo - Singular Research PresentationOperator At this time, I would like to welcome everyone to the IntegraMed America first quarter investor conference call. (Operator Instructions) Norberto Aja, you may begin. Norberto Aja
Good morning everyone and thank you for participating in IntegraMed's first quarter 2011 conference call. I'm joined today by Jay Higham, our President and CEO; as well as by Tim Sheehan, Vice President and Interim CFO. Before we begin, I would like to caution that comments made during this conference call may contain forward-looking statements that involve risks and uncertainties regarding the operations and future results of IntegraMed. I encourage you to review the company's filings with the Securities and Exchange Commission including, without limitation, the company's Form-10K and Form-10Qs which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements. The content of this conference call contains time-sensitive information that is accurate only as of today, May 5, 2011. IntegraMed undertakes no obligation to revise or update any statements to reflect events or circumstances occurring after the date of this conference call. With that, I would now like to turn the call over to Jay Higham, President and CEO. Jay Higham Thank you, Norberto, and good morning everyone. We appreciate your joining us today and hope you've had a chance to read our Q1 release which was issued this morning and is available on our Investor Relations website. Our first quarter results demonstrate the strength of our core business and our success in building a larger and more diversified company.
Shares of IntegraMed America (Nasdaq:INMD) have taken a tremendous swing upward. The stock is trading at $13.71 as of 9:55 a.m. ET, 20.9% above Friday's closing price of $11.34. Volume is at 476,658, 22.5 times the daily average of 21,200.