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

Seaspan Corporation (SSW)

Q2 2012 Earnings Call

August 2, 2012 10:00 AM ET

Executives

Sai Chu – CFO

Gerry Wang – CEO, Co-Chairman and Co-Founder

Analysts

Ken Hoexter – Bank of America Maryland

Josh (ph) – Deutsche Bank

Josh – Deutsche Bank

Michael Webber – Wells Fargo

Urs Dur – Clarkson Capitalization

Brandon Oglenski – Barclays

Presentation

Operator

Welcome to the Seaspan Corporation conference call to discuss the financial results for the three and six months ended June 30, 2012. Hosting the call today is Gerry Wang, Chief Executive Officer, Co-Chairman, and Co-Founder of Seaspan Corporation and Sai Chu, Chief Financial Officer of Seaspan Corporation.

Mr. Wang and Mr. Chu will be making some introductory comments and then we will open the call for questions. I will now turn the call over to Sai Chu.

Sai Chu

Morning, everyone, and thank you for joining us today. Before we begin, please allow me to remind you that our discussion today contains forward-looking statements. Actual results may differ materially from results projected by these forward-looking statements.

Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the second quarter 2012 earnings release and earnings webcast presentation slides available on our website at www.seaspancorp.com, as well as in our annual SEC report on Form 20-F for the year ended December 31, 2011.

I’d like to remind you that during this call, we will discuss certain non-GAAP financial measures including adjusted EBITDA, cash available for distribution to common shareholders, normalized net earnings, normalized earnings for share, and normalized converted earnings per share.

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