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tronc's (TRNC) CEO Justin Dearborn on Q4 2017 Results - Earnings Call Transcript

Mar. 07, 2018 9:15 PM ETTribune Publishing Company (TPCO)
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tronc, Inc. (TRNC) Q4 2017 Earnings Conference Call March 9, 2018 5:00 PM ET


Aaron Miles - VP, IR

Justin Dearborn - CEO

Terry Jimenez - EVP & CFO

Tim Knight - troncX President


Michael Kupinski - Noble Financial

Lance Vitanza - Cowen

Dan Jacome - Sidoti & Company

Doug Arthur - Huber Research


Good afternoon and welcome to the tronc Inc. Fourth Quarter and Full Year 2017 Earnings Conference Call. All participants will be in a listen-only-mode. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Aaron Miles, Vice President of Investor Relations. Please go ahead.

Aaron Miles

Thank you and welcome to our fourth quarter and full year 2017 earnings conference call. Before we begin, I would like to remind you that management will make forward-looking statements during the course of this call and our actual results could differ materially. Statements containing words such as may, belief, anticipate, expect, intend, plan, will, continue, estimate, outlook or other similar expressions are forward-looking statements.

Differences in our actual results from those described in these forward-looking statements may result from actions taken by the company as well as from risk and uncertainties beyond the company's control.

Some of the risks and uncertainties that could impact our businesses are included in documents publicly filed with the Securities and Exchange Commission including our Annual Report on Form 10-K and quarterly report on Form 10-Q. I should also mention that our remarks today will include references to non-GAAP financial measures including adjusted EBITDA, adjusted total operating expenses, adjusted net income, and adjusted diluted earnings per share, adjusted EBITDA margins and net debt. And we have provided definitions and reconciliations to the most comparable GAAP measures in our earnings press release which is available on our website at

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