MTBC (NYSE:MTBC ) Q4 2019 Earnings Conference Call - Final Transcript

Feb 28, 2020 • 08:30 am ET

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MTBC (NYSE:MTBC ) Q4 2019 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Good day, and welcome to the MTBC Fourth Quarter 2019 Earnings Conference Call and Webcast. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Kim Grant, General Counsel. Please go ahead.

Executive
Kimberly Grant

Thank you. Good morning, everyone and welcome to the MTBC 2019 fourth quarter conference call. On today's call are Mahmud Haq, our Founder and Executive Chairman; Stephen Snyder, our Chief Executive Officer and Director; A. Hadi Chaudhry, our President and a Director; and Bill Korn, our Chief Financial Officer. Before we begin, I would like to remind you that certain statements made during this conference call are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All statements other than statements of historical fact made during this conference call are forward-looking statements, including, without limitation, statements regarding our expectations and guidance for future financial and operational performance, expected growth, business outlook and potential organic growth and acquisitions.

Forward-looking statements may sometimes be identified with words such as will, may, expect, plan, anticipate, upcoming, believe, estimate or similar terminology and the negative of these terms. Forward- looking statements are not promises or guarantees of future performance and are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. These statements reflect our opinions only as of the date of this presentation, and we undertake no obligation to revise these forward-looking statements in light of new information or future events. Please refer to our press release and our reports filed with the Securities and Exchange Commission, where you will find a more comprehensive discussion of our performance and factors that could cause actual results to differ materially from these forward-looking statements.

Any assessment of offerings by our competitors is an opinion based on management's objectives, beliefs and assumptions and on information currently available to our management which we believe to be reliable but in no way is warranted by us as to accuracy or completeness. We caution investors not to rely unduly on this assessment and urge investors to perform their own research, consult with their own advisors and make their own assessment before making any investment decisions. We assume no obligation and disclaim any duty to update or revise such assessment in the event it later turns out to be inaccurate whether as a result of new information, future events or otherwise. For anyone who dialed into the call by telephone, you may want to download our fourth quarter 2019 earnings presentation. Please visit our Investor Relations site ir.mtbc.com, click on events and download the earnings presentation. Finally on today's call, we may refer to certain non-GAAP financial measures. Please refer to today's press release announcing our fourth quarter 2019 results for a reconciliation of these non-GAAP performance measures to our GAAP