Woodward Inc (WWD)’s Q1 2015 Earnings Conference Call Transcript

Below is transcript of the Woodward Inc (NASDAQ:WWD)’s Q1 2015 Earnings conference call, held on Tuesday, January 20, 2015, at 4:30 pm EST.

Woodward Inc (NASDAQ:WWD) is a designer, manufacturer, and service provider of energy controls and optimization solutions. The Company has production and assembly facilities in the United States, Europe and Asia, and promotes its products and services through its worldwide locations. The Company’s is engaged in providing energy control and optimization solutions for the aerospace and energy markets.

Company Executives:

Tom Gendron, Chairman and Chief Executive Officer

Bob Weber, Vice Chairman, Chief Financial Officer and Treasurer

Analyst:

Sheila Kahyaoglu, Jefferies

Peter Skibitski, Drexel Hamilton

William Bremer, Maxim Group

J. B Groh, D A Davidson

Tyler Hojo, Sidoti & Company

Stephen Levenson, Stifel Nicolaus

Michael Ciarmoli, KeyBanc Capital Markets

Peter Skibitski, Drexel Hamilton

Gary Farber, CL King

Operator

Thank you for standing by. Welcome to the Woodward Incorporated [NASDAQ:WWD] First Quarter Fiscal 2015 Earnings Call. At this time, I would like to inform you that this call is being recorded for rebroadcast and that all participants are in a listen-only mode. Following the presentation, you will be invited to participate in a question-and-answer session. Joining us today from the company are Mr. Tom Gendron, Chairman and Chief Executive Officer; and Mr. Bob Weber, Vice Chairman, Chief Financial Officer and Treasurer. I would like to turn the call over to Mr. Bob Weber.

Bob Weber, Vice Chairman, Chief Financial Officer and Treasurer

Thank you, operator. We’d like to welcome all of you to Woodward’s [NASDAQ:WWD] first quarter fiscal year 2015 earnings call. In today’s call, Tom will comment on our markets and related strategies, and I will discuss our financial results as outlined in our earnings release. At the end of our presentation, we will take questions. For those who have not seen today’s earnings release, you can find it on our website at woodward.com. We have again included some presentation materials to go along with today’s call that are also accessible on our website. An audio replay of this call will be available by phone or on our website through February 3, 2014. The phone number for the audio replay is on the press release announcing this call and will be repeated by the operator at the end of the call. Before we begin, I would like to refer to and highlight our cautionary statement as shown on slide three. As always, elements of this presentation are forward-looking or based on our outlook and assumptions for the global economy and our businesses more specifically. These elements can and do frequently change. Please consider our comments in light of the risks and uncertainties surrounding those elements.

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