XO Group Inc. (NYSE:XOXO) Q4 2015 Earnings Conference Call - Final Transcript

Mar 03, 2016 • 04:30 pm ET


XO Group Inc. (NYSE:XOXO) Q4 2015 Earnings Conference Call - Final Transcript


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At this time, I would like to welcome everyone to the XO Group, Inc.'s Fourth Quarter 2015 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. After the speakers' remarks, you will be invited to participate in a question-and-answer session. As a reminder, ladies and gentlemen, this conference is being recorded.

At this time, I would like to turn the conference over to the company.

Ivan Marmolejos

Thank you. Welcome to XO Group's fourth quarter conference call and webcast. During the course of this conference call, comments that we make regarding XO Group that are not historical facts, are forward-looking statements and are subject to risk and uncertainties that could cause the actual future events or results to differ materially from these statements. Such forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward-looking statements can be identified by the use of words like may, should, expect, plan, intend and other similar terms. You are cautioned that these forward-looking statements speak only as of today's date. Changes in economic, business, competitive, regulatory and other factors could cause our actual results to differ materially from those expressed or implied by the projections or forward-looking statements made today. For more detailed information about these factors and other risks that may impact our business, please review the periodic reports and other documents filed from time-to-time by XO Group with the Securities and Exchange Commission. Our internal projections and beliefs upon which we base our expectations may change but we will not necessarily inform you if they do.

XO Group's policy to provide expectations only once per quarter and not to update that information until the next quarter. Today's discussion will also include non-GAAP measures. A reconciliation of the non-GAAP measures to comparable GAAP financial measures is included in today's earnings release and investor presentation. The press release and presentation is available on our Investor Relations website at ir.xogroupinc.com.

During this call, Mike will give you an overview of XO Group's strategic position and key achievements, followed by Gillian with an outline of the financial results, and then we will open the line up for a question-and-answer session. Please take note that the company is operating under the SEC Regulation FD and encourages you to take full advantage of the Q&A. Thank you for your participation and interest in XO Group.

I will now pass the call to our Chief Executive Officer, Mike Steib.

Michael Steib

Thank you, Ivan. And welcome everyone to our fourth quarter earnings call. As always it is a pleasure to speak with our fellow shareholders. We've committed to our investors and our company a course of action that we believe is transforming this great organization and these important brands. As part of this commitment, about a year and a half ago, we set a target financial model to take our company from a low single digit revenue grower to a double digit revenue grower with 20% plus adjusted EBITDA