Earnings Call Excerpt
Aventine Renewable Energy Holdings, Inc. (AVR)
Q2 2008 Earnings Call Transcript
August 1, 2008 10:00 am ET
Executives
Les Nelson – Director of IR
Ron Miller – President and CEO
Ajay Sabherwal – CFO
Analysts
Brett Hundley – BB&T Capital Markets
Mansi Singhal – Lehman Brothers
Ken Zaslow – BMO Capital Markets
David Woodburn [ph]
Braun Hoster [ph]
Ian Horowitz – Soleil Securities
Chris Shaw – UBS Investment Bank
Joe Gomes – Oppenheimer and Co.
Gary Stromberg – Lehman Brothers
Jeng Ming Lu [ph]
Pavel Molchanov – Raymond James
Eitan Bernstein – Friedman Billings Ramsey
Presentation
Operator
Good day, ladies and gentlemen, and welcome to the second quarter 2008 Aventine Renewable Energy Incorporated earnings conference call. My name is Jacelyn and I will be your operator for today. At this time all listeners will be in a listen-only mode. We will conduct a question-and-answer session towards the end of the conference. (Operator instructions) I would now like to turn the presentation over to your host for today's call, Mr. Les Nelson, Director of Investor Relations. You may proceed, sir.
Les Nelson
Thank you, Jacelyn. Good morning. Thank you for joining us today. This is Les Nelson, Director, External Reporting and Investor Relations. I would like to welcome you to Aventine's conference call discussing our results for the second quarter and six months ended June 30th.
With me today are Ron Miller, our President and Chief Executive Officer; and Ajay Sabherwal, our Chief Financial Officer.
Before we summarize and discuss the company's performance I would like to remind you that much of what will be said today involves our use of forward-looking statements, which are estimates about where we're going including projected financial results, financial position and business development activities.
These forward-looking statements are subject to various risks and uncertainties, including market conditions, governmental mandates, demand for our products, technological advances and economic conditions in general that could cause actual results to differ materially from those stated or implied by such statements.
We refer you to our press release issued last night, which contains a more detailed description of our use of forward-looking statements, which apply to the discussion that follows. The financial details included in the press release and discussed on this call, including a reconciliation of net income excluding losses related to auction rate securities and net income to adjusted EBITDA are available on our Web site at www.aventinerei.com in the Investor Relations section.
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