NewMarket Technology Inc. Q2 2008 Earnings Call Transcript

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2008-08-21 14:41:13.0

Tags: Revenue, Call Transcript, Financial Performance, Earnings, NewMarket Technology Inc., Operational Accounting, Sales Strategy, Finance, Sales, Seeking Alpha

Earnings Call Excerpt

NewMarket Technology Inc. (NMKT)

Q2 2008 Earnings Call

August 21, 2008 4:15 pm ET

Executives

Philip Verges - Chairman and CEO

Presentation

Philip Verges

My name is Philip Verges. I am the Chief Executive Officer of NewMarket Technology Incorporated, and this is the scheduled webcast to review our second quarter 2008 financial performance year-to-date. You should have a cover slide on your screen, giving the name of the company.

Coming up on your screen, you should have a Safe Harbor statement. I encourage all of you in addition to what I will talk about here today, to also review our filings with the Securities and Exchange Commission for additional detail and disclosures.

On our overview, you will see an agenda for what I plan to discuss. As some of you maybe new, I like to do a corporate overview briefly before getting into the primary purpose, so I give a little bit of background on the company.

When we talk about the financial performance year-to-date, I would like to do that in a framework of what the company's objectives are for the year. So I will review the company's revenue and margin goals, and as well as our strategy from sales and margin improvement perspective to achieve those revenue and margin goals.

Then we will talk about the quarter and year-to-date, as well as talk in about some specifics regarding our regional operations contribution to our overall financial performance.

We will talk about our sales track record year-to-date, and see how in combination with what we have sold, but have not yet delivered on, but anticipate as an additional revenue contribution above and beyond what we have already booked this revenue today, impacts the overall 2008 outlook.

Finally, we will talk specifically about the 2008 outlook and summarize the results so far this year, as well as looking forward for what those results mean in regard to achieving our forecasted results, our forecast for the overall year from a revenue and margin perspective.

On the outlook, I will also talk about key topics in the company right now, specifically our ongoing initiative to build a mobility technology subsidiary sent around the acquisitions of Everex, and I will also talk about our ongoing capital structure strategy.

You should have up on you screen now our corporate overview slide, briefly stated as it says on the screen; NewMarket installs, customizes and maintains, establish the next generation technology solutions. The type of business we are falls under a couple of different names that you have probably heard before.

 

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