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CPI Card Group (PMTS) CEO Scott Scheirman on Q4 2019 Results - Earnings Call Transcript

Mar. 09, 2020 1:38 PM ETCPI Card Group Inc. (PMTS)
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CPI Card Group (NASDAQ:PMTS) Q4 2019 Earnings Conference Call March 9, 2020 9:00 AM ET

Company Participants

Jennifer Almquist - Investor Relations

Scott Scheirman - President and Chief Executive Officer

John Lowe - Chief Financial Officer


Good morning and welcome to the CPI Card Group Fourth Quarter and Full Year 2019 Earnings Webcast. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Jennifer Almquist, Investor Relations. Please go ahead.

Jennifer Almquist

Thanks and good morning everyone. Welcome to the CPI Card Group fourth quarter and full year 2019 earnings webcast and conference call. On the call today from CPI Card Group is Scott Scheirman, President and Chief Executive Officer; and John Lowe, Chief Financial Officer.

Before we begin, I would like to remind everyone that this call may contain forward-looking statements as they are defined under the Private Securities Litigation Reform Act of 1995. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. For a discussion of such risks and uncertainties, please see CPI Card Group’s most recent filings with the SEC and on SEDAR. All forward-looking statements made today reflect our current expectations only and we undertake no obligation to update any statement to reflect the events that occur after this call.

Also during the course of today’s call, the company will be discussing one or more non-GAAP financial measures, including, but not limited to, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted free cash flow, net sales growth excluding Canadian operations and operating margin, excluding litigation settlement gains, all reported on a continuing operations basis. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures are included in the press release or slide presentation

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