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Iridium CEO Discusses Q4 and 2013 Results – Earnings Call Audio Replay and Transcript

By Marc Boucher
February 27, 2014
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Iridium released its fourth quarter and year-end 2013 financial results today and conducted a conference call with financial analysts and investors. This is a replay of the conference call and transcript.
From Iridium on the conference call were:

– Matthew J. Desch, Chief Executive Officer and Director
– Steve E. Kunszabo, Former Executive Director of Investor Relations
– Thomas J. Fitzpatrick, Chief Financial Officer, Chief Administrative Officer and Director

– Press release: Iridium Announces Fourth-Quarter and Full-Year 2013 Results; Company Issues 2014 and Long-Range Outlook

Audio Transcript:

Operator

Good day, ladies and gentlemen, and welcome to the Iridium Fourth Quarter 2013 Earnings Conference Call. [Operator Instructions] As a reminder, today’s call is being recorded.

I would now like to turn the conference over to Steve Kunszabo. Sir, you may begin.

Steve E. Kunszabo – Former Executive Director of Investor Relations

Good morning, and thanks for joining us. I’d like to welcome you to our fourth quarter 2013 earnings call. Joining me on the call this morning are our CEO, Matt Desch; and our CFO, Tom Fitzpatrick. Today’s call will begin with a discussion of the 2013 fourth quarter results, followed by Q&A. I trust you’ve had an opportunity to review this morning’s earnings release, which is available on the Investor Relations section of Iridium’s website.

Before I turn things over to Matt, I’d like to caution all participants that our call this morning may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and include statements about our future expectations, plans and prospects. Such forward-looking statements are based upon our current beliefs and expectations and are subject to risks, which could cause actual results to differ from the forward-looking statements. Such risks are more fully discussed in our filings with the Securities and Exchange Commission. Our remarks today should be considered in light of such risks.

Any forward-looking statements represent our views only as of today. And while we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our expectations or views change.

During the call, we’ll also be referring to certain non-GAAP financial measures. These non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles. Please refer to today’s earnings release in the Investor Relations section of our website for a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures.

With that, let me turn things over to Matt.

Read the complete audio transcript from Seeking Alpha.

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