NQ Mobile Inc. (NASDAQ:NQ) Q4 2014 Earnings Conference Call - Final Transcript

Mar 18, 2015 • 08:00 pm ET

Previous

NQ Mobile Inc. (NASDAQ:NQ) Q4 2014 Earnings Conference Call - Final Transcript

Share
Close

Loading Event

Loading Transcript

Presentation
Operator
operator

Thank you for standing by, ladies and gentlemen, and welcome to the fourth quarter and full year 2014 NQ Mobile Inc. earnings conference call. At this time, all participants are in a listen only mode. Today's presentation will include a question-and-answer session. (Operator instructions) Please also note today's conference call is being recorded.

I would now like to hand the conference over to your host speaker, Investor Relations Director of NQ Mobile, Dahlia Wei. Thank you, please go ahead.

Executive
Dahlia Wei

Good evening and good morning. We welcome you to NQ Mobile's conference call to discuss our fourth quarter and fiscal year 2014 financial results. On this call today are our Chairman, Co-Founder and Acting CFO, Vincent Shi; our Co-CEOs Omar Khan and Zemin Xu; our Vice President of Strategy and Investor Relations, Brian Jo and Vice President of Capital Markets, Matt Mathison. My name is Dahlia Wei.

We thank you for joining us. Before we begin, here is our Safe Harbor disclaimer. Please note that the discussion today will contain certain forward-looking statements, made under the Safe Harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. NQ Mobile does not assume any obligation to update any forward-looking statements, except as required under applicable law.

Also, please note that some of the information to be disclosed includes non-GAAP financial measures as defined in Regulation G. The most direct comparable U.S. GAAP financial measures and the information reconciling those non-GAAP financial measures to NQ Mobile's financial results prepared in accordance with U.S. GAAP are included in our earning release and 6-K filing posted earlier today.

Finally, as a reminder, this conference call is being recorded. We also offer investors a webcast of today's conference call which can be found on our Investor Relations portion of our website at ir.nq.com.

I will now turn the call over to Matt.

Executive
Matthew Mathison

Thank you, Dahlia. There was nothing normal about 2014 which was marked by many challenges. But it is nice to be back to a sense of normalcy in terms of reporting our fourth quarter and fiscal year results in the month of March again. It is amazing how even the simple things can be taken for granted sometimes. More importantly, we will follow this up with the filing of our 2014 Annual Report in Form 20-F on time as well.

We recognize that this has been a challenging period for our investors and we appreciate your patience and support during this time. In spite of the many challenges we faced in 2014, we are determined to restore the company's value.

Now, let's jump into the call. We're going to focus on three major areas. First, we will hear a brief message from our Chairman, Dr. Vincent Shi, who will then be followed by our Co-CEOs Zemin Xu and Omar Khan. Second, Brian Jo will discuss our business today. Third, we will discuss