Intercontinental Exchange, Inc. (NYSE:ICE) Q4 2018 Earnings Conference Call February 7, 2019 8:30 AM ET
Company Participants
Warren Gardiner - Vice President of Investor Relations
Jeff Sprecher - Chairman & Chief Executive Officer
Scott Hill - Chief Financial Officer
Ben Jackson - President
Conference Call Participants
Rich Repetto - Sandler O'Neill
Ken Worthington - JPMorgan
Dan Fannon - Jefferies
Alex Blostein - Goldman Sachs
Michael Carrier - Bank of America
Kyle Voigt - KBW
Ben Herbert - Citi
Brian Bedell - Deutsche Bank
Chris Allen - Compass Point
Operator
Good morning, and welcome to the Intercontinental Exchange Fourth Quarter 2018 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Warren Gardiner, Vice President of Investor Relations. Please go ahead.
Warren Gardiner
Good morning. ICE's fourth quarter 2018 earnings release and presentation can be found in the Investors section of the theice.com. These items will be archived, and our call will be available for replay.
Today's call may contain forward-looking statements. These statements which we undertake no obligation to update represent our current judgment and are subject to risks, assumptions and uncertainties. For a description of the risks that could cause our results to differ materially from those described in forward-looking statements, please refer to our 2018 Form 10-K, which we filed this morning.
In our earnings supplement, we refer to certain non-GAAP measures including adjusted income, EPS, operating income, operating margin, expenses, effective tax rate, organic data revenue, free cash flow and EBITDA. We believe our non-GAAP measures are more effective of our cash operations and core business performance. You'll find a reconciliation to the equivalent GAAP terms in the earnings materials and explanation of why we
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