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Ascent Capital's (ASCMA) CEO Bill Fitzgerald on Q3 2017 Results - Earnings Call Transcript

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Ascent Capital Group Inc. (ASCMA) Q3 2017 Earnings Conference Call November 2, 2017 5:00 PM ET


Bill Fitzgerald – Chief Executive Officer

Fred Graffam – Chief Financial Officer

Jeff Gardner – Chief Executive Officer-MONI Smart Security


Jeff Kessler – Imperial Capital

Shlomo Rosenbaum – Stifel

Ashish Nair – Citi

Todd Morgan – Jefferies


Good day and welcome to Ascent Capital Group's Conference Call to discuss the Company's Third Quarter 2017 Earnings. Today's call is being recorded and a replay of the call will be available on the Ascent IR website an hour after the completion of this call. For those of you following along on the webcast, we will be using a slide deck to supplement a portion of management's commentary today.

This call includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about business strategies, including the launch of MONI's direct sales and installation channel, market potential and expansion, the success of new products and services, consumer demand for interactive and home automation services, account creation and related costs, diversification of distribution channels, generation of new sales and marketing leads, the anticipated benefits of the partnership with Nest, subscriber attrition, anticipated account generation, future financial prospects, and other matters that are not historical facts.

These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, possible changes in market acceptance of the Company services, technological innovations in the alarm monitoring industry, competitive issues, continued access to capital on terms acceptable to Ascent, our ability to capitalize on acquisition opportunities, general market and economic conditions and changes in law and government regulations.

These forward-looking statements speak only as of the date of

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