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RealNetworks Inc.'s (RNWK) CEO Robert Glaser on Q4 2018 Results - Earnings Call Transcript

Feb. 06, 2019 7:20 PM ETRealNetworks, Inc. (RNWK)
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RealNetworks, Inc. (NASDAQ:RNWK) Q4 2018 Results Earnings Conference Call February 6, 2019 4:30 PM ET

Company Participants

Laura Bainbridge - Investor Relations

Robert Glaser - Founder, Chairman and Chief Executive Officer

Cary Baker - Chief Financial Officer and Treasurer

Conference Call Participants


Greetings, and welcome to RealNetworks Inc. Fourth Quarter 2018 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 with Investor Relations. Please go ahead.

Laura Bainbridge

Thank you, and welcome to the RealNetworks' fourth quarter and 2018 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 on a consolidated basis and trends affecting its 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.

In addition, today's call contains certain forward-looking statements that relate to our recent acquisition of an additional equity stake in Rhapsody International Inc. which does business as Napster. 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, including risks and statements associated with combining our business and consolidating our financial statements with Napster. We describe these and other risks in our SEC filings, including any risk factors set forth in our most recent report on Form 10-K and in other reports. A copy of those filings

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