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Iridium Communications Management Discusses Q1 2014 Results – Earnings Call Transcript

By Marc Boucher
Status Report
May 1, 2014
Filed under ,

Iridium released its first quarter 2014 financial results and conducted a conference call with financial analysts and investors. This is the transcript.

Steve E. Kunszabo – Former Executive Director of Investor Relations

Matthew J. Desch – Chief Executive Officer and Director

Thomas J. Fitzpatrick – Chief Financial Officer, Chief Administrative Officer and Director

Iridium Communications (IRDM) Q1 2014 Earnings Call May 1, 2014 8:30 AM ET


Good day, ladies and gentlemen, and welcome to the Iridium First Quarter 2014 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to introduce your host for today’s call, Mr. Steve Kunszabo. Mr. Kunszabo, 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 first quarter 2014 earnings call. Joining me on the call this morning, our CEO, Matt Desch; and our CFO, Tom Fitzpatrick. Today’s call will begin with a discussion of our 2014 first quarter results, followed by Q&A.

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 full transcript at Seeking Alpha.

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