USEC's CEO Discusses Q2 2012 Results - Earnings Call Transcript

USEC Inc. (USU)

Q2 2012 Earnings Call

August 1, 2012 8:30 a.m. ET

Executives

Steven Wingfield - Director, IR

John Welch - President & CEO

John Barpoulis - SVP & CFO

Philip Sewell - SVP, American Centrifuge and Russian HEU

Bob Van Namen - SVP, Uranium Enrichment

Tracy Mey – VP and Chief Accounting Officer

Analysts

Laurence Alexander - Jefferies & Co.

George Caffrey - JMP Securities

Richard Howard - Prospector Partners

Bob Clutterbuck - Clutterbuck Capital Management

Presentation

Operator

Greetings and welcome to the USEC second quarter 2012 earnings conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Steven Wingfield, Director of Investor Relations for USEC Inc. Thank you sir. You may begin.

Steven Wingfield

Good morning. And thank you for joining us for USEC’s conference call regarding the second quarter of 2012 which ended June 30. With me today are John Welch, President and Chief Executive Officer; John Barpoulis, Senior Vice President and Chief Financial Officer; Phil Sewell, Senior Vice President; Tracy Mey, Vice President and Chief Accounting Officer, and Bob Van Namen, Senior Vice President is joining us by phone.

Before turning the call over to John Welch, I’d like to welcome all of our callers as well as those listening to our webcast. This conference call follows our earnings news release issued yesterday afternoon. That news release is available on many financial websites and our corporate website, usec.com. All of our news releases and SEC filings, including our 10-K, 10-Qs and 8-Ks are available on our website. We intend to file our quarterly report on Form 10-Q later today. A replay of this call also will be available later this morning on the USEC website.

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