AVG Technologies N.V. (NYSE:AVG) Q4 2014 Earnings Conference Call - Final Transcript

Feb 18, 2015 • 05:00 pm ET

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AVG Technologies N.V. (NYSE:AVG) Q4 2014 Earnings Conference Call - Final Transcript

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Operator
operator

Good day, and welcome to the AVG Technologies Fourth Quarter and Fiscal Year 2014 Financial Results Conference Call. At this time, I would like to turn the conference over to Camelia Isaic. Please go ahead.

Executive
Camelia Isaic

Thank you, operator. Thank you all for joining us for AVG's fourth quarter and full fiscal year 2014 financial results conference call. Joining me on the call today are Gary Kovacs, CEO; and John Little, CFO of AVG.

Before we get started today, I would like to remind you that this call is being webcast and recorded. The webcast can be accessed live on the Investor Relations section of our website, and by replay on our website shortly after the conclusion of the call. The website can be accessed at investors.avg.com.

Before we get started today, I would like to remind you that this call is being webcast and recorded. The webcast can be accessed live on the Investor Relations section of our website, and by replay on our website shortly after the conclusion of the call. The website can be accessed at investors.avg.com.

On this call today, we will provide you with details about our performance in the fourth quarter and full fiscal year 2014. (Forward-Looking Cautionary Statements). Please refer to the section entitled forward-looking statements in our earnings release, and read the risk factors in our filings with the Securities Commission, including our 20-F, filed on March 25th, 2014.

I would also like to note that the results reported today include certain non-GAAP financial measures, and that the numbers discussed on this call will be non-GAAP unless stated otherwise. We provide non-GAAP financial measures because we believe that they are the most valuable way to review our core operating results. We have provided a reconciliation of non-GAAP measures to their comparable GAAP measures in our earnings release, which is available on our website, and has also been filed with The Securities Commission.

The forward-looking statements and risks stated on this conference call are based on current expectations as of today, and AVG assumes no obligation to update or revise them, whether as a result of new developments or otherwise.

Now, I will turn the call over to Gary Kovacs for his remarks.

Executive
Gary Kovacs

Thank you, Camelia. And hello, everybody. Thank you for joining us today as we report, what I feel, are very strong fourth quarter results, which is a quarter where we not only attained the results I'm going to share with you, but we also achieved many significant milestones. So let me start by sharing a review of those results, as well as a summary of the strategic accomplishments in the fourth quarter, as well as the full fiscal year 2014. I will then turn the call over to John Little, who will provide a more detailed review of the financials, as well as our financial outlook for fiscal year 2015.

But let me start by highlighting two key anniversaries. Firstly, this month, AVG celebrates the third anniversary of being listed on the