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Exelis’ CEO Discusses Q1 2014 Results – Earnings Call Transcript

By Marc Boucher
Status Report
May 5, 2014
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Exelis released its first quarter 2014 financial results and conducted a conference call with financial analysts and investors. This is the transcript.

– Katy Herr – VP, IR
– Dave Melcher – President and CEO
– Peter Milligan – CFO

Exelis Inc. (XLS) Q1 2014 Earnings Call May 2, 2014 10:00 AM ET


Welcome to the Exelis First Quarter 2014 Financial Results Conference Call and Webcast. Hosting the call today from Exelis is Ms. Katy Herr, Vice President of Investor Relations. Today’s call is being recorded. (Operator Instructions). It is now my pleasure to turn the floor over to Ms. Katy Herr. Katy, you may begin.

Katy Herr – VP, IR

Thank you, Greg. Good morning, everyone. Thank you for joining us on our first quarter 2014 conference call. During today’s call, we will reference supplemental information in the form of a presentation that you may access at

Please turn to Slide 2. Before we start, please understand that this call contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. And certain factors that could cause results to differ materially from those anticipated are set forth on Slide 2 of today’s presentation and in this morning’s earnings release.

During today’s call, we will refer to non-GAAP measures, which are defined and reconciled in the appendix of today’s presentation and available on our website.

Joining me on the call this morning are Dave Melcher, our Chief Executive Officer and President; and Peter Milligan, our Chief Financial Officer. As always, we encourage questions at the conclusion of our remarks.

And with that said, please turn to Slide 3. And at this point, I would like to turn the call over to Dave.

Read the full transcript at Seeking Alpha.

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