Houghton Mifflin Harcourt's (HMHC) CEO Linda Zecher on Q1 2015 Results -- Earnings Call Transcript

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HMH Holdings (Delaware), Inc. (HMHC) Q1 2015 Results Earnings Conference Call May 7, 2015 8:30 AM ET

Executives

Rima Hyder - VP, IR
Linda Zecher - President & CEO
Eric Shuman - EVP & CFO

Analysts

Peter Appert - Piper Jaffray
Denny Galindo - Morgan Stanley
Andre Benjamin - Goldman Sachs
Drew Crum - Stifel
Jeff Silber - BMO Capital Markets

Operator

Good morning and welcome to the Houghton Mifflin Harcourt's First Quarter 2015 Earnings Call.

I would like to inform you that this call is being recorded for broadcast and that all participants are in listen-only mode. I would like to introduce Rima Hyder, Vice President, Investor Relations, for Houghton Mifflin Harcourt. Ms. Hyder, you may begin.

Rima Hyder

Thank you, Karen and good morning, everyone. Before we begin, I would like to point out that the slides we will reference during the course of this presentation can be accessed via the Investor Relations section of the Houghton Mifflin Harcourt website at www.hmhco.com.

A replay of today's call will be available via phone until May 14 and the webcast will be available on our website for one year. We filed our financial statements and Form-10Q with the U.S. Securities and Exchange Commission earlier this morning along with our first quarter earnings release.

After our prepared remarks, we will open the call to questions from investors. To be fair to everyone, please limit your questions to one plus a follow-up. You may get back into the queue if you have additional questions.

Before we discuss our results, I encourage all listeners to review the legal notice on Slide 2 of our Slide Presentation, which explains the risks of forward-looking statements and the use of non-GAAP financial measures. Additionally, please refer to our Form 10-K and 10-Q for a discussion of risk factors that could

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