Nordion Earnings Call Insights: Strategic Review and the Cobalt-60 Supply Chain

Nordion, Inc. (NYSE:NDZ) recently reported its fourth quarter earnings and discussed the following topics in its earnings conference call.

Strategic Review

Stephanie Price – CIBC: On the strategic review, can you give us a bit more of an understanding of where you are in the process and if you have any indications of interest from any parties?

Steve M. West – Chief Executive Officer: No, unfortunately as we said in our press release and as I reiterated in my comments this morning, we are in the early stages and I think it will be inappropriate for us to make any further comments, and we frankly don’t intend to be providing any updates until we’ll be making any kind of material disclosure.

Stephanie Price – CIBC: Maybe just a quick follow-up do you have any sort of timeline for the process?

Steve M. West – Chief Executive Officer: It’s in its early stages and that’s where it sits right now.