Stamps.com Inc. (STMP) CEO Ken McBride on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 8:58 PM ETStamps.com Inc. (STMP) StockSTMP1 Comment
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Stamps.com Inc. (STMP) Q1 2020 Earnings Conference Call May 7, 2020 5:00 PM ET

Company Participants

Suzanne Park - Vice President of Finance
Ken McBride - Chief Executive Officer
Jeff Carberry - Chief Financial Officer

Conference Call Participants

George Sutton - Craig-Hallum
Kevin Liu - K. Liu & Company
Allen Klee - National Securities
Tyler Wood - Northland Securities

Operator

Greetings, and welcome to Stamps.com's First Quarter 2020 Financial Results 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, Suzanne Park, Vice President of Finance. Please, proceed.

Suzanne Park

Thank you. Good afternoon. On the call today are CEO, Ken McBride; and CFO, Jeff Carberry. The agenda for today's call is as follows: We'll review the results of our first quarter 2020. We'll provide an update on elements of our business model and partnerships. And finally, we'll discuss our financial results and talk about our business outlook.

But first the Safe Harbor statement. Safe harbor statement under the Private Securities Litigation Reform Act of 1995. This release includes forward-looking statements about our anticipated financial metrics and results, all of which involve risks and uncertainties.

Important factors, including the company's ability to complete and deliver its products and services, maintain desirable economics for its products and services and monetize its customers' transactions with carriers; the impact of the ongoing COVID-19 pandemic, and the efforts of governments, businesses and individuals to mitigate the effects of such pandemics on the company, its customers, its carrier and integration partners and the global economy; the company's ability to successfully integrate and realize the benefits of its past or future strategic acquisition or investments; the company's ability to diversify its relationship with carriers and

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