Earnings Call Excerpt
Sepracor (SEPR)
Q4 and Year End 2005 Earnings Conference Call
January 31st 2006, 8:30 AM
Executives:
Timothy Barberich, Chairman, Chief Executive Officer
Jonae Barnes, Vice President, Investor Relations and Corporate Communications
David Southwell, EVP, Chief Financial Officer
W. James O’Shea, President and Chief Operating Officer
Dr. Mark Corrigan, Exec. VP
Analysts:
Marc Goodman, Morgan Stanley
Corey Davis, J.P. Morgan
Matt Duffy, Black Diamond Research
Greg Gilbert, Merrill Lynch
James Kelly, Goldman Sachs
Rich Silver, Lehman Brothers
Bill Tanner, Leerink Swann
John Stephenson, Summer Street Research
Robert Hazlett, SunTrust Robinson Humphrey
David Steinberg, Deutsche Banc
Andrew Swanson, Citigroup
Danny Frank, Sturza’s (ph)
Ian Sanderson, SG Cowen
Presentation
Operator
Welcome to Sepracor’s Fourth Quarter and Full Year 2005 Earnings Conference Call. Hosting the call today from Sepracor is Mr. Timothy Barberich, Chairman and Chief Executive Officer. At this time, all participants have been placed on a listen-only mode and the floor will be opened up for your question following the presentation. Operator Instruction It is now my pleasure to turn this over to your host, Mr. Timothy Barberich. Sir, you may begin.
Timothy Barberich, Chairman, Chief Executive Officer
Thank you. Good morning, thank you for joining us today. With me this morning are Jim O'Shea, President and Chief Operating Officer; Dr. Mark Corrigan, EVP, R&D; David Southwell, EVP and Chief Financial Officer; Bob Scumaci, Executive VP-finance and administration; and Jonae Barnes, Vice President, Investor Relations and Corporate Communications.
Before we begin, I would ask Jonae to read the safe harbor statement. Jonae?
Jonae Barnes, Vice President, Investor Relations and Corporate Communications
Various remarks that we make about our future expectations, plans, and prospects constitute forward-looking statements for purposes of the SEC Safe Harbor provision. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, which are discussed in our most recent quarterly report on Form 10-Q, which is on file with the SEC and other reports that we file with the SEC. In addition, these forward-looking statements represent the company’s expectations only as of today while we may elect to update these forward-looking statements, we specifically disclaim any obligation to do so. Any forward-looking statement should not be relied upon as representing our estimates or views as of any date subsequent to today, thanks Tim.
Timothy Barberich, Chairman, Chief Executive Officer
David will begin this morning with a review of the financial performance for the fourth quarter and the year ’05. David?
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