Earnings Labs

Coherent, Inc. (COHR)

Q4 2007 Earnings Call· Wed, Nov 7, 2007

$302.25

-0.85%

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Transcript

Transcript

Operator

Executives Helene Simonet - EVP and CFOJohn Ambroseo - President and CEOAnalysts John Harmon - Needham & CompanyJiwon Lee - Sidoti & CompanyOperator Good day, ladies and gentlemen,and welcome to the Coherent Fourth Quarter 2007 Financial Earnings ResultConference Call, hosted by Coherent Inc. At this time all participants are in alisten-only mode. At the conclusion of our prepared remarks, we will conduct aquestion-and-answer session. (Operator Instructions). As a reminder this callis being recorded. I would now like to introduce toyour host for today's conference call, the Chief Financial Officer of Coherent,Helene Simonet. Please go ahead.Helene Simonet Good afternoon, and welcome toour fiscal 2007 fourth quarter conference call. On today's call, I will provideselected financial information, and John Ambroseo, our President and CEO willprovide a business overview. Let me first address the progresswith respect to the restatement we announced in our September 27, pressrelease. As you have seen, we previously announced an estimated range of 22million to 28 million for the pretax impact of non-cash stock compensationcharges through June 2006.We continue to work diligently toprepare our restated financial, and we expect to file our fiscal 2006 and firstquarter fiscal 2007, no later than, mid December. We expect that second and thirdquarter and full fiscal year 2007 to be filed in the beginning of calendar year2008. We will only provide selectedfinancial through our fourth fiscal quarter with the forward-looking guidancefor our first fiscal 2008 quarter will include additional pro forma financialinformation.As a reminder, any guidance andany statements in today's conference call pertaining to future plans, events,or performance, are forward-looking statements that involve risks anduncertainties and actual results may differ significantly.Please refer to our press releasefor more detailed information on specific risk factors resulting from both thespecial committees investigation and other financial and business risks. Wealso encourage you to refer to the risk…