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Lexmark International Q3 2007 Earnings Call Transcript

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2007-10-23 10:33:51.0

Tags: Lexmark International Inc.

Earnings Call Excerpt

Lexmark International, Inc. (LXK)

Q3 2007 Earnings Call

October 23, 2007 8:30 am ET

Executives

John Morgan - IR

Paul J. Curlander – Chairman of the Board and Chief Executive Officer

John W. Gamble – Chief Financial Officer and Executive Vice President

Analysts

Min Park - Goldman Sachs & Company

Toni Sacconaghi - Sanford Berstein

Ben Reitzes – UBS Securities, LLC

Shannon Cross – Cross Research

Bill Shope – JP Morgan

Katherine Huberty – Morgan Stanley

Richard Gardner – Citigroup Smith Barney

Andrew Neff – Bear, Stearns & Co.

[Jeff Embersom – Shareholders Management]

William Fearnley – FTN Midwest Research

Keith Martin – Bank of Montreal

Rob Semple – Credit Suisse North America

Presentation

Operator

Thank you for standing by and welcome to the Lexmark International Third Quarter 2007 Earnings Conference Call.  During the company’s opening remarks all participants will be in a listen only mode.  Afterwards we will conduct a question and answer session.  At that time if you have a question, please press start one on your touch tone telephone.  As a reminder this conference call is being recorded on Tuesday, October 23, 2007.  I would now like to turn the call over to John Morgan, Lexmark’s Director of Investor Relations.  Please go ahead John.

John Morgan

Good morning and thank you for joining us.  With me today for Lexmark’s Third Quarter 2007 Earnings Conference Call are Paul Curlander, Lexmark’s Chairman and CEO and John Gamble, Lexmark’s Executive Vice President and CFO.  After their prepared remarks we will open the call for your questions as time permits.  We ask that you please limit yourself to one question and if needed, one follow up so that we can get to everyone’s questions.  Following the conclusion of this conference call, a complete replay will be made available from our investor relations website located at http://investor.lexmark.com.  Currently, in the upper right hand corner of this website you’ll find today’s earnings release as well as the supplemental slide deck for the third quarter which includes the reconciliations of GAAP and non GAAP financial information.

Now before we get started I just want to remind everyone that we will be hosting our 2007 Analyst Day Briefing on the morning of November 14 at the New York Stock Exchange.  For more information, please visit the upcoming events section of our investor relations website.

Now, as a reminder, any of today’s remarks that are not statement of historical fact are forward looking statements and involve certain risks and uncertainties that are disclosed in the safe harbor section of our earnings releases and SEC filings.  Actual results may differ materially from such statements.  Lexmark under takes no obligation to update any forward looking statements.  With that, I’ll turn it over to Paul.

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