Streamline Health Solutions, Inc. (NASDAQ:STRM) Q3 2019 Earnings Conference Call - Final Transcript

Jan 09, 2020 • 09:00 am ET

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Streamline Health Solutions, Inc. (NASDAQ:STRM) Q3 2019 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Greetings and welcome to the Streamline Health Third Quarter 2019 Earnings Conference. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Randy Salisbury, Chief Marketing Officer. Please go ahead.

Executive
Randy Salisbury

Thank you for joining us to review the financial results of Streamline Health Solutions for the third quarter of fiscal 2019, which ended October 31, 2019.

As the conference call operator indicated, my name is Randy Salisbury. As Senior Vice President and Chief Marketing Officer here at Streamline Health, I manage all communications including Investor Relations. Joining me on the call today are Tee Green, President and Chief Executive Officer and Chairman of the Board; and Tom Gibson, Chief Financial Officer.

At the conclusion of today's prepared remarks, we will open the call for a question-and-answer session. If anyone participating on today's call does not have a full-text copy of our press release announcing these results, you can retrieve it from the company's website at www.streamlinehealth.net or at numerous financial websites.

Before we begin with prepared remarks, we want to be sure we are clear for everyone on the record how certain the information which may be provided today, as with all of our earnings calls, should be viewed. We therefore submit for the record following statement. First, statements made on this conference call that are not historical facts are considered to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These are subject to risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those we may discuss.

Please refer to the company's press releases and filings made with the US Securities and Exchange Commission including our most recent Form 10-K annual report and proxy statement filed earlier this week for more information about these risks, uncertainties and assumptions and other factors. As always, we are presenting management's current analysis of these items as of today. Our participants on this call should take into account these risks when evaluating the topics we will discuss.

Please note, Streamline Health is not undertaking any commitment or obligation to publicly revise any such forward-looking statements made today. Second, we will discuss non-GAAP financial measures such as backlog and adjusted EBITDA. Management uses these measures to help provide better insight into our financial performance. However, certain items of income and expense are not included in these measures, so these calculations may differ from those which another entity may utilize in calculating their own non-GAAP measures.

To help you compare these amounts on consistent terms, please refer to our website at streamlinehealth.net, our earnings release and Form 10-Q for a reconciliation of such non-GAAP measures to the most comparable GAAP measures.

With that said, let me turn the call over to Tee Green, President and Chief Executive Officer. Tee?

Executive
Wyche T. Green, III

Thank you, Randy. Good morning, everyone, and thank you for joining us to discuss our fiscal year 2019 first nine months and third quarter performance which