RealNetworks' (RNWK) CEO Rob Glaser on Q3 2017 Results - Earnings Call Transcript

RealNetworks Inc. (RNWK) Q3 2017 Earnings Conference Call November 1, 2017 4:30 PM ET

Executives

Laura Bainbridge - Investor Relations
Rob Glaser - Chairman and Chief Executive Officer
Cary Baker - Chief Financial Officer

Analysts

William Meyers - Miller Asset Management
Dan Weston - Westcap Management

Operator

Greetings, and welcome to the RealNetworks’ Third Quarter 2017 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Laura Bainbridge, Investor Relations. Thank you. You may begin.

Laura Bainbridge

Thank you. Welcome to the RealNetworks’ third quarter 2017 financial results conference call. Before we begin, I remind you that some matters discussed today are forward-looking, including statements regarding RealNetworks’ future revenue, gross profit, adjusted EBITDA, and operating expenses and trends affecting it’s businesses and prospects for future growth and profitability. Other forward-looking statements include the Company’s plans to implement its strategy and invest in its products and initiatives, as well as the expected growth, profitability and other benefits from these activities.

Statements that express our belief and expectations, and all statements other than statements of historical facts, are forward-looking and involve a number of risks and uncertainties that could cause actual results to differ materially from these forward-looking statements. We describe these and other risks in our SEC filings, including in the risk factors set forth in our most recent report on Form 10-K and in other reports. A copy of those filings can be obtained from the SEC or from the Investor Relations section of our corporate Web site.

Forward-looking statements made today reflect RealNetworks’ expectations as of today, November 1, 2017. The Company undertakes no duty to update or revise any forward-looking