Williams Controls Inc. ( WMCO)

Q4 2011 Earnings Call

December 8, 2011 10:30 AM ET


Dennis Bunday – Chief Financial Officer

Pat Cavanagh – Chief Executive Officer


John Nobile – Taglich Brothers

Matthew Berry – Lane Five Capital



Good afternoon, ladies and gentlemen. My name is Martina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Williams Controls Fourth Quarter and Fiscal Year End 2011 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)

I would now like to turn the call over to Dennis Bunday, Chief Financial Officer of Williams Controls. You may begin your conference.

Dennis Bunday

Good morning, everyone. Welcome to our fourth quarter and year end 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, December 8, 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 regulations, increased costs of materials and labor, and general economic conditions in the United States and abroad.

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