OPKO Health (OPK) CEO Phillip Frost on Q2 2015 Results - Earnings Call Transcript

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Q2: 2015-08-05 Earnings Summary

EPS of -$0.09 misses by $0.04 | Revenue of $42.40M (80.43% Y/Y) misses by $2.33M

OPKO Health, Inc. (NASDAQ:OPK) Q2 2015 Earnings Conference Call August 5, 2015 4:30 PM ET

Executives

Dr. Phillip Frost - Chairman, Chief Executive Officer
Adam Logal - Chief Financial Officer
Jane Hsiao - Vice Chairman, Chief Technical Officer
Charlie Bishop - Chief Executive Officer, Renal Division
David Okrongly - President, Diagnostics Division
Steve Rubin - Executive Vice President of Administration

Analysts

Rohit Vanjani - Oppenheimer
Kevin DeGeeter - Ladenburg

Operator

Good afternoon and welcome to the OPKO Health's Second Quarter 2015 Earnings Call. Today’s presentation is being recorded. I would now like to turn the conference over to Executive Vice President of Administration, Steve Rubin.

Steve Rubin

Thank you and good morning. Before we begin, I'd like to remind you that any statements made during this call which are historical will be considered forward-looking, and as such will be subject to risk and uncertainties which could materially affect our expected results, including without limitation the various risks described in our Annual Report on Form 10-K for the year ended December 31, 2014 and our subsequent filings with the SEC.

I'd like to discuss the format for today's call. Adam Logal, our Chief Financial Officer will first talk about our financial and operating results for the quarter. Jane Hsiao, our Vice Chairman and Chief Technical Officer will then provide a brief update on our Biologic Programs. Charlie Bishop, the CEO of our Renal Division would next provide a brief update on our Rayaldee development program; followed by David Okrongly, President of our Diagnostics Division, who will provide an update of our diagnostics projects. And finally Dr. Frost will follow-up with a brief wrap-up. We do have the entire team here with us to answer any questions you might have after our remarks.

And with that, I’ll turn it over to Adam Logal

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