Earnings Call Excerpt
Joy Global Inc. (JOYG)
F1Q09 (Qtr End 01/30/09) Earnings Call Transcript
March 4, 2009 11:00 am ET
Executives
Sara Wilkins – VP, IR and Corporate Communications
Mike Olsen – EVP, CFO and Treasurer
Mike Sutherlin – President and CEO
Analysts
Guo Shu [ph] – Barclay’s Capital
Henry Kirn – UBS
Philip Sharon [ph] – JP Morgan
Mike Gallo – CL King
Charlie Brady – BMO Capital Markets
Seth Weber – Bank of America Merrill Lynch
Mark Koznarek – Cleveland Research
Joel Tiss – Buckingham Research
Chris Weltzer – Robert W. Baird
Joe Box – Keybanc Capital Markets
Jerry Revich – Goldman Sachs
Barry Bannister – Stifel Nicolaus
Thomas Giovine – Giovine Capital Group
Alex Blanton – Ingalls & Snyder
Dan Stein [ph] – Robotti
Presentation
Operator
Good morning. My name is Sade, and I will be your conference operator today. At this time, I would like to welcome everyone to the Joy Global first quarter 2009 earnings 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) I would now like to turn the call over to Sara Wilkins, Vice President of Investor Relations and Corporate Communications. Please go ahead.
Sara Wilkins
Good morning and welcome everyone. Thank you for participating in today’s conference call and for your continued interest in our company. Joining me on today’s call are Mike Sutherlin, President and Chief Executive Officer of Joy Global; Mike Olsen, Executive Vice President, Chief Financial Officer and Treasurer; and Sean Major, our General Counsel and Secretary.
This morning, Mike Olsen will begin with some brief comments which expand upon our press release and which provide the results of the fiscal first quarter 2009. Mike Sutherlin will then provide his insights into our operations and our market outlook. We will then conduct a question and answer session and would appreciate it if you would limit yourself to one question and one follow up before going back into the queue. This will allow us to accommodate as many questioners as possible.
During the call today our executives will be making forward-looking statements. These statements should be considered, along with the various risk factors detailed in our press release and other SEC filings. We encourage you to read and become familiar with these risk factors. We may also be referring to a number of non-GAAP measures which we believe are important to understanding our business. For a reconciliation of non-GAAP metrics to GAAP as well as for other investor information we refer you to our Web site at www.joyglobal.com.
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