TransEnterix, Inc. (NYSE MKT:TRXC) Q3 2018 Earnings Conference Call Transcript

Nov 08, 2018 • 04:30 pm ET

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TransEnterix, Inc. (NYSE MKT:TRXC) Q3 2018 Earnings Conference Call Transcript

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Presentation
Operator
Operator

Good afternoon, ladies and gentlemen. Welcome to the TransEnterix Third Quarter Financial and Operating Results Conference Call. As a reminder, this call is webcast live and recorded. It is now my pleasure to introduce your host, Mr. Mark Klausner of Westwicke Partners. Please go ahead, sir.

Executive
Mark Klausner

Thank you. Good afternoon and thank you for joining us for TransEnterix' Third Quarter Conference Call. Joining us on today's call are TransEnterix' President and Chief Executive Officer, Todd Pope; and its Executive Vice President and Chief Financial Officer, Joe Slattery. I would like to remind you that this call is being webcast live and recorded. A replay of the event will be available following the call on our website. To access the webcast, please visit the Events link in the IR section of our website, transenterix.com. (Forward-Looking Cautionary Statements) During this call, we will also present non-GAAP financial information related to adjusted net loss and adjusted earnings per share. Management believes that non-GAAP financial measures, taken in conjunction with US GAAP financial measures, provide useful information for both management and investors by excluding certain non-cash and other expenses that are not indicative of the Company's core operating results. Management uses non-GAAP measures to compare our performance relative to forecasts and strategic plans to benchmark our performance externally against competitors and for certain compensation decisions. Reconciliations between US GAAP and non-GAAP results are presented in the tables accompanying our earnings release, which can be found in the Investor Relations section of our website. With that, it's my pleasure to turn the call over to TransEnterix' President and Chief Executive Officer, Todd Pope.