DHI Group, Inc. (NYSE:DHX) Q4 2015 Earnings Conference Call - Final Transcript
Feb 03, 2016 • 08:30 am ET
Good morning and welcome to DHI's Fourth Quarter and Full Year 2015 Earnings conference call. [Operator Instructions]
I would now like to turn the conference over to Jennifer Milan, Director of Investor Relations. Please go ahead, ma'am.
Thanks and good morning everyone. With me on the call today is Mike Durney, President and Chief Executive Officer of DHI Group Inc. along with John Roberts, our Chief Financial Officer. This morning, we issued a press release describing the company's results for the fourth quarter and full year 2015. A copy of that release can be viewed on the company's website at dhigroupinc.com.
Before I hand the call over to Mike, I'd like to note that today's call includes certain forward-looking statements, particularly statements regarding future financial and operating results of the company and its businesses. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes in circumstances.
Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and or regulatory factors. The principal risks that could cause our results to differ materially from our current expectations are detailed in the company's SEC filings, including our annual report on Form 10-K in the sections entitled Risk Factors, Forward-looking Statements, and Management's Discussion and Analysis of Financial Condition and Results of Operations. The company is under no obligation to update any forward-looking statements except as required by the federal securities laws.
Today's call also includes certain non-GAAP financial measures, including adjusted EBITDA, adjusted EBITDA excluding Slashdot Media, adjusted revenues, adjusted revenues excluding Slashdot Media, net income excluding Slashdot Media, net income excluding impairment of goodwill, diluted earnings or loss per share excluding impairment of goodwill, adjusted EBITDA margin, free cash flow, and net cash to net debt. For details on these measures, including why we use them and reconciliations to the most comparable GAAP measures, please refer to our earnings release and our Form 8-K that has been furnished to the SEC, both of which are available on our website.
Now I'll turn the call over to Mike.
Great, thanks, Jen. So welcome to the DHI Group fourth quarter earnings call. I want to start out with a summary of the areas of human capital management sector, where we compete and where we think we can play a role, and then summarize how we've organized ourselves to adjust to those markets. Then I'll give an update on the progress we've made on our strategic goals and where we think our business is today, and then John will provide detail on the fourth quarter financial results and our first look at 2016. At the end of our remarks, we'll be happy to take questions.
As we look back on 2015, a lot was accomplished in building a stronger foundation. We improved our existing products and introduced new ones. We tooled our sales and marketing organizations of some of our brands and enhanced the overall value we