IPG Photonics' CEO Discusses Q2 2012 Results - Earnings Call Transcript

IPG Photonics Corporation (IPGP)

Q2 2012 Earnings Conference Call

July 31, 2012 10:00 ET

Executives

Angelo Lopresti – Vice President, General Counsel and Secretary

Dr. Valentin Gapontsev – Chairman and Chief Executive Officer

Tim Mammen – Vice President and Chief Financial Officer

Analysts

Zach Larkin – Stephens Incorporated

Krish Sankar – Bank of America-Merrill Lynch

Tom Hayes – Thompson Research

Joe Maxa – Dougherty & Company

Jim Ricchiuti – Needham & Company

Patrick Newton – Stifel Nicolaus

Jagadish Iyer – Piper Jaffray

Avinash Kant – D.A. Davidson

Mark Douglass – Longbow Research

Olga Levinzon – Barclays Capital

Mark Miller – Noble Financial

Jiwon Lee – Sidoti & Company

Presentation

Operator

Good morning, and welcome to IPG Photonics’ Second Quarter 2012 Financial Results Conference Call. Today’s call is being recorded and webcast. There will be an opportunity for questions at the end of the call. (Operator Instructions)

At this time, I would like to turn the call over to Mr. Angelo Lopresti, IPG’s Vice President, General Counsel and Secretary for introduction. Please go ahead sir.

Angelo Lopresti – Vice President, General Counsel and Secretary

Thank you and good morning everyone. With us today is IPG Photonics’ Chairman and Chief Executive Officer, Dr. Valentin Gapontsev, and Vice President and Chief Financial Officer, Tim Mammen.

Statements made during the course of this conference call that discuss management’s or the company’s intentions, expectations or predictions of the future are forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that could cause the company’s actual results to differ materially from those projected in such forward-looking statements. These risks and uncertainties include those detailed in IPG Photonics’ Form 10-K for the year ended December 31, 2011 and other reports on file with the Securities and Exchange Commission.

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