Earnings Call Excerpt
AeroVironment, Inc. (AVAV)
F3Q09 Earnings Call
March 9, 2009 4:30 pm ET
Executives
Steven Gitlin – Director, Investor Relations
Timothy Conver – Chairman, Chief Executive Officer
Stephen Wright – Chief Financial Officer
Analysts
Michael Lewis – BB&T Capital Markets
Brian Gesuale – Raymond James
Chris Donaghey - SunTrust, Robinson, Humphrey
Tim Quillin – Stephens Inc.
Michael Ciarmoli – Boenning & Scattergood
Troy Lahr – Stifel, Nicolaus
Presentation
Operator
Welcome to the third quarter 2009 AeroVironment earnings conference call. (Operator Instructions) With us today from the company is Chairman and Chief Executive Officer, Mr. Tim Conver; Chief Financial Officer, Mr. Steve Wright and Director of Investor Relations, Mr. Steven Gitlin.
At this time, I'd like to turn the presentation over to Mr. Gitlin.
Steven Gitlin
Welcome to AV’s third quarter fiscal 2009 earnings call. Before I hand the call over to management please note that on this call certain information presented contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties outside of our control that may cause our business, strategy or actual results to differ materially from the forward-looking statements.
Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, reliance on sales to the U.S. Government, changes in the supply and/or demand and/or prices for our products, the activities of competitors, failure of the markets in which we operate to grow, failure to expand into new markets, changes in significant operating expenses, failure to develop new products, changes in the regulatory environment and general economic and business conditions in the United States and elsewhere in the world.
Additional information regarding these risks and uncertainties is contained in the reports we file with the Securities and Exchange Commission. Copies are available from the SEC as well as on our website. We do not intend and undertake no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise.
The content of this conference call contains time sensitive information that is accurate only as of today, March 9, 2009. The company undertakes no obligation to make any revision to the statements contained in our remarks or to update them to reflect the events or circumstances occurring after this conference call.
It is now my pleasure to introduce Tim Conver.
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