Eros International's (EROS) CEO Jyoti Deshpande on Q4 2017 Results - Earnings Call Transcript

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Eros International Plc (EROS) Q4 2017 Earnings Conference Call July 28, 2017 8:30 AM ET

Executives

Kishore Lulla - Executive Chairman
Jyoti Deshpande - Chief Executive Officer
Prem Parameswaran - Chief Financial Officer

Analysts

John Janedis - Jefferies
Tim Nollen - Macquarie
Eric Katz - Wells Fargo
Jigar Shah - Maybank Kim Eng

Operator

Good morning, ladies and gentlemen. And welcome to the Eros International Plc’s Fiscal Year 2017 Earnings Conference Call. This call is being broadcast live on the Internet and a replay of the call will be available on the Company’s website.

This morning, the Company published its earnings press release on its website, erosplc.com. The company would like to remind everyone listening that during this call it will be making forward-looking statements under the Safe Harbor provisions of the Federal Securities laws. The Company’s actual results may differ materially from those projected under forward-looking statements.

During the call, the company will also discuss non-GAAP financial measures in talking about its performance. You can find a reconciliation of these measures to the GAAP financial measures in this Company's press release.

The Company will be conducting its earnings call today in the same manner as previous calls. The Company will start with brief remarks followed by live questions.

I would now like to turn the call over to Mr. Kishore Lulla Executive Chairman of Eros International Plc. Please go ahead sir.

Kishore Lulla

Yes. Good morning, ladies and gentlemen. We have made monumental progress with Eros Now touching three million paid subscribers, a digital library amounting to over 10K titles, with catalogue valuation of more than $1 billion and a landmark distribution gives that the world’s largest brands, including Apple, Samsung, Amazon and Vodafone, Atlas last Verizon just to name a few.

Our strong cash flow and balance sheet

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