IDEX Q2 2009 Earnings Call Transcript

Jul. 21, 2009 6:45 PM ETIDEX Corporation (IEX) StockIEX
SA Transcripts
154.2K Followers

Q2: 2009-07-20 Earnings Summary

EPS of $0.37 beats by $0.02
 | Revenue of $336.46M (-15.32% Y/Y) misses by $1.37M

IDEX Corporation (NYSE:IEX) Q2 2009 Earnings Call July 21, 2009 10:30 AM ET

Executives

Heath A. Mitts - Vice President, Corporate Finance
Larry D. Kingsley - Chairman of the Board, President and Chief Executive Officer
Dominic A. Romeo - Vice President and Chief Financial Officer

Analysts

Jim Lucas – Janney Montgomery Scott
Mike Schneider – Robert W. Baird
Matt Summerville – KeyBanc
Scott Graham – Ladenburg Thalmann
Christopher Glynn – Oppenheimer
Walter Liptak - Barrington Research
Thomas Britman (ph) - BMO Capital Markets

Operator

Good day, everyone, and welcome to the IDEX Second Quarter 2009 Earnings Results Conference Call. This call is being recorded. At this time, for opening remarks and introductions, I would like to turn the call over to Mr. Heath Mitts, Vice President of Corporate Finance. Please go ahead, sir.

Heath Mitts

Thank you, Danielle. Good morning, and thank you for joining our discussion of the IDEX second quarter 2009 financial results.

Yesterday, we issued a press release outlining our company's financial and operating performance for the three-month period ending June 30th, 2009. The press release, along with the presentation slides, to be used during today's webcast can be accessed on our company website at www.idexcorp.com.

Joining me today from IDEX management are Larry Kingsley, Chairman and CEO, and Dom Romeo, Vice President and CFO.

The format for our call today is as follows. We will begin with an update on our overall performance for the quarter, and then provide detail on our four business segments. We will then wrap up with the outlook for 2009 and the third quarter. Following our prepared remarks, we will then open the call for your questions.

If you should need to exit the call for any reason, you may access a complete replay beginning approximately two hours after the call concludes

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