Calamos Asset Management, Inc. Q2 2008 Earnings Call Transcript

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2008-08-22 11:15:17.0

Tags: Calamos Asset Management Inc.

Earnings Call Excerpt

Calamos Asset Management, Inc. (CLMS)

Q2 2008 Earnings Call Transcript

July 17, 2008 5:00 pm ET

Executives

Philip Kranz - Dresner Corporate Services

John Calamos - Chairman, CEO and Co-CIO

Cris Wasiak - Interim CFO

Mark Infanger - VP and Corporate Controller

Analysts

William Katz - Analyst

Craig Siegenthaler - Analyst

Cynthia Mayer - Analyst

Robert Lee - Analyst

Presentation

Operator

Good afternoon. My name is Nicole and I will be your conference operator today. At this time, I would like to welcome everyone to the second quarter 2008 earnings call for Calamos Asset Management conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions).

Mr. Philip Kranz, you may begin your conference.

Philip Kranz

Thank you. Good afternoon. From time to time, information or statements provided by us, including those within this conference call, may contain certain forward-looking statements relating to future events, future financial performance, strategies, expectations, competitive environment and regulations.

Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performances or results to differ materially from those expressed in or suggested by the forward-looking statements.

Such risks or uncertainties include, but are not limited to, loss of revenues due to contract terminations and redemptions, our ownership structure, catastrophic or unpredictable events, unavailability of third-party distribution channels, damage to our reputation, our interpretation of and positioning relative to the market, fluctuations in the financial markets and the competitive conditions in the mutual fund, asset management, and broader financial services sectors.

For a discussion concerning some of these and other risks, uncertainties and other important factors that could affect future results, see forward-looking information in management’s discussion and analysis of financial condition and results of operations and, where applicable, risk factors in the company’s annual and quarterly reports filed with the U.S. Securities and Exchange Commission.

With me today is John Calamos, Chairman, Chief Executive Officer and Co-Chief Investment Officer; Cris Wasiak, Interim Chief Financial Officer; and Mark Infanger, Vice President and Corporate Controller.

With that, I would now like to pass the call over to John.

John Calamos

Thank you, Phil, and thank you for joining us on the Calamos Asset Management second quarter 2008 earnings call. We appreciate your interest in our company and for taking time to be with us today.

 

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