Earnings Call Excerpt
Thermo Electron (TMO)
Q3 2006 Earnings Call
October 25, 2006 9:00 am ET
Executives:
Kenneth J. Apicerno, Vice President, Investor Relations and Treasurer
Marijn E. Dekkers, President and CEO
Marc N. Casper, Senior Vice President
Peter M. Wilver, Vice President and Chief Financial Officer
Analysts:
Ross Muken, Deutsche Bank
Derik De Bruin, UBS
Jason Weiss, Robert W. Baird
Tycho Peterson, JP Morgan
Paul Knight, Thomas Weisel Partners
John Sullivan, Leerink Swann
Presentation
Operator
Good morning ladies and gentlemen and welcome to the Thermo Electron Corporation Third Quarter 2006 Earnings Conference Call. I would like to introduce our moderator for the call, Mr. Kenneth Apicerno, Vice President, Investor Relations and Treasurer. Mr. Apicerno, you may begin the call.
Kenneth J. Apicerno, Vice President, Investor Relations and Treasurer
Thank you. Good morning and thank you for joining us. On the call today we have Marijn Dekkers, our President and Chief Executive Officer; Marc Casper, Senior Vice President; and Pete Wilver, our Chief Financial Officer. Please be aware that this call is being webcast live and will be archived on our website www.thermo.com until November 24, 2006. To reach the replay of the call on the website, click on ?About Thermo? and then ?Investors.? Please also be aware that a copy of the press release setting forth our third quarter 2006 earnings and future expectations is available in the Investor sector of the website under the heading ?Press Releases.?
I’d like to begin the call by reading the Safe Harbor statement. Various remarks that we may make about the company’s future expectations, plans, and prospects constitute forward-looking statements for purposes of the Safe Harbor provision under the Private Securities Litigation Reform Act of 1995, and actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including those discussed in our Form 10-Q for the quarter ended July 1, 2006, under the caption ?Risk Factors? which is on file with the Securities and Exchange Commission and available in the Investor section of our website under the heading ?SVC Filings.?
While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so even if our estimates change, and therefore you should not rely on these forward-looking statements as representing our views as of any date subsequent to today. During the call we’ll be referring to certain financial measures not prepared in accordance with generally accepted accounting principles or GAAP or reconciliation of the non-GAAP financial measures used on this call. The most directly comparable GAAP measure is available in the press release putting forth our third quarter 2006 earnings and future expectations and in the tables accompanying such releases in the Investor section of our website www.thermo.com under the heading ?Press Releases.? Related information is also available in the investor section of our website under the heading ?Financial Reports? and then under Reconciliation of Financial Information Q3 2006. So with that, I’d like to now turn the call over to Marijn.
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