Earnings Call Excerpt
Charles River Laboratories (CRL)
2008 Guidance Conference Call
December 13, 2008 8:30am ET
Executives
Susan Hardy – Director Investor Relations
Jim Foster – Chairman, President & CEO
Tom Ackerman – Executive Vice President & CFO
Analysts
David Windley – Jefferies & Company
John Kreger – William Blair
Douglas Tsao – Lehman Brothers
Alex Alvarez – Goldman Sachs
Tycho Peterson – JP Morgan
[Nick Yulian] – Robert W. Baird
Robert Gilliam – UBS
Doug Schenkel – Cowen & Company
John Sullivan – Leerink Swann
Presentation
Operator
Welcome to the Charles River Laboratories 2008 guidance conference call. [Operator Instructions] At this time I’d like to turn the call over to our host Ms. Susan Hardy, please go ahead.
Susan Hardy
Good morning and welcome to Charles River Laboratories 2008 guidance conference call and webcast. This morning, Jim Foster, Chairman, President and CEO and Tom Ackerman, Executive Vice President and CFO will comment on our business outlook and guidance for 2008. Following the presentation we will respond to questions. There is a slide presentation associated with today’s remarks which is posted on the investor relations section of our website atwww.ir.criver.com.
A taped replay of this call will be available beginning at noon today and be accessed by calling 800-475-6701. The international access number is 320-365-3844, the pin number in either case is 892071. The replay will be available until December 27th. You may also access an archived version of the webcast on our investor relations website.
I’d like to remind you of our safe harbor. Any remarks that we may make about future expectations, plans and prospects for the company constitute forward looking statements for purposes of the safe harbor provision under the Private Security Litigation Reform Act of 1995. Actual results may differ materially from those indicated by any forward looking statements as a result of various important factors including but not limited to those discussed in our annual report on Form 10-K which was filed on February 27, 2007, as well as other filings we make with Securities and Exchange Commission.
During this call we will be primarily discussion non-GAAP financial measures. We believe that these non-GAAP financial measures help investors to gain a meaningful understanding of our core operating results and future prospects consistent with the manner in which management measures and forecasts the company’s performance.
The non-GAAP financial measures are not meant to be considered superior to or a substitute for results of operations prepared in accordance with GAAP. In accordance with Regulation G you can find a comparable GAAP measures and reconciliations to those GAAP measures on the investor relation section of our website through the financial reconciliations link.
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