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Rand Capital's (RAND) CEO Allen Grum on Q4 2017 Results - Earnings Call Transcript

Mar. 08, 2018 7:52 PM ETRand Capital (RAND)
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Rand Capital Corporation (NASDAQ:RAND) Q4 2017 Earnings Conference Call March 8, 2017 1:30 PM ET


Karen Howard - Investor Relations

Allen Grum - President and Chief Executive Officer

Daniel Penberthy - Chief Financial Officer, Executive Vice President and Treasurer


Sam Rebotsky - SER Asset Management


Greetings and welcome to the Rand Capital Corporation Fourth Quarter and Full-Year 2017 Financial Results Conference 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'll now turn the conference over to your host Karen Howard. Thank you. You may begin.

Karen Howard

Thank you, operator, and good afternoon, everyone. We certainly appreciate your time today for Rand's fourth quarter and full-year 2017 financial results conference call. On the line with me today are Pete Grum, our Chief Executive Officer; and Dan Penberthy, our Executive Vice President and Chief Financial Officer. Pete and Dan will be reviewing the results that were published in the press release distributed this morning. If you don't have that release, it is available on our website at www.randcapital.com.

The slides that will accompany our discussions today are also posted on the website. If you look at the slide deck, and turn to Slide 2, we will discuss our Safe Harbor Statement. As you're likely aware, we may make some forward-looking statements during this presentation and also during the question-and-answer session. These statements apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ from where we are today. These risks and uncertainties and other factors are provided in the earnings release as well as in other documents filed by the Company with the Securities and Exchange Commission. These documents can be found on

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