Waters (WAT) Q2 2012 Earnings Call July 24, 2012 8:30 am ET Executives Douglas A. Berthiaume - Chairman, Chief Executive Officer and President John A. Ornell - Chief Financial Officer and Vice President of Finance & Administration Analysts Daniel Brennan - Morgan Stanley, Research Division Ross Muken - ISI Group Inc., Research Division Nandita Koshal - Barclays Capital, Research Division Daniel L. Leonard - Leerink Swann LLC, Research Division Jonathan P. Groberg - Macquarie Research Amit Bhalla - Citigroup Inc, Research Division Doug Schenkel - Cowen and Company, LLC, Research Division Tycho W. Peterson - JP Morgan Chase & Co, Research Division Jon Davis Wood - Jefferies & Company, Inc., Research Division Isaac Ro - Goldman Sachs Group Inc., Research Division Sung Ji Nam - Cantor Fitzgerald & Co., Research Division Derik De Bruin - BofA Merrill Lynch, Research Division PresentationOperator
Good morning. Welcome to the Waters Corporation Second Quarter 2012 Financial Results Conference Call. [Operator Instructions] This conference is being recorded. [Operator Instructions]. I would like to introduce your host for today's call, Mr. Douglas Berthiaume, Chairman, President and Chief Executive Officer of Waters Corporation. Sir, you may begin. Douglas A. Berthiaume Thank you. Well, good morning, and welcome to the Waters Corporation Second Quarter Financial Results Conference Call. With me on today's call is John Ornell, the Waters Chief Financial Officer; Art Caputo, the President of the Waters division; and Gene Cassis, Vice President of Investor Relations. As is our normal practice, I will start with an overview of the quarter's results, and John will follow with details of our financials and provide you with our outlook for the third quarter of 2012 and for the full year. But before we get going, I'd like John to cover the cautionary language.