TAL International Group CEO Discusses Q2 Results - Earnings Call Transcript

TAL International Group, Inc. (LNET)

Q2 2012 Earnings Call

July 26, 2012 09:00 am ET

Executives

Jeff Casucci - Vice President, Treasury and Investor Relations

Brian Sondey - President and Chief Executive Officer

John Burn - Senior Vice President and Chief Financial Officer

Analysts

Michael Webber - Wells Fargo

Helane Becker - Dahlman Rose

Sal Vitale - Stern Agee

Ken Hoexter - Bank of America

Jordan Hymowitz - Philadelphia Financial

Presentation

Operator

Good morning and welcome to the TAL International Group Second Quarter 2012 Earnings Conference Call. All participants will be in listen-only mode. (Operator Instructions). Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Jeff Casucci, Vice President, Treasury and Investor Relations. Please go ahead, sir.

Jeff Casucci

Thank you. Good morning and thank you for joining us on today's call. We are here to discuss TAL's second quarter 2012 results, which were reported yesterday evening. Joining me on this morning's call from TAL are Brian Sondey, President and Chief Executive Officer and John Burn, Senior Vice President and Chief Financial Officer.

Before I turn the call over to Brian and John, I would like to point out that this conference call may contain forward-looking statements as that term is defined under the Private Securities Litigation Reform Act of 1995 regarding expectations for future financial performance.

It is possible that the company's future financial performance may differ from expectations due to a variety of factors. Any forward looking statements made on this call are based on certain assumptions and analysis made by the company in light of its experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate. Any such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected.

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