Williams Controls, Inc. ( WMCO)

F2Q2011 Earnings Call Transcript

May 9, 2011 4:15 pm ET

Executives

Dennis Bunday – CFO

Pat Cavanagh – CEO

Analysts

John Nobile – Taglich Brothers

Paul Johnson – Nicusa Capital

Michael Taglich – Taglich Brothers

Scott Mackey – AAD Capital

Presentation

Operator

Good afternoon, my name is Jonathan and I’ll be your conference operator today. At this time, I’d like to welcome everyone to the Williams Controls, Inc. second fiscal quarter 2011 results conference call. (Operator instructions) After the speakers’ remark, there will be a question-and-answer session. (Operator instructions) Thank you. Mr. Dennis Bunday, Chief Financial Officer will begin the conference.

Dennis Bunday

Good afternoon, everyone. Welcome to our second quarter fiscal 2011 conference call. Before we begin, you should note that the following discussions and responses to questions reflect management's views as of today, May 9, 2011, and may include forward-looking statements.

Actual results may differ materially from those projected in the forward-looking statements. Information concerning risk factors and other factors that could cause actual results to differ materially is included in our filings with the SEC, including our 2010 annual report on Form 10-K, our fiscal 2011 quarterly reports on Form 10-Q, and our fiscal 2011 current reports on Form 8-K.

Specific factors that may cause such a difference include, but are not limited to, availability of adequate working capital, domestic and international competitive pressures, increased governmental regulation, increased costs of materials and labor, and general economic conditions in the United States and abroad.

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