Q4 2019 Quarterhill Inc Earnings Call Transcript

Feb 27, 2020 / 03:00PM GMT
Operator

Good morning, and welcome to Quarterhill's Fourth Quarter and Fiscal 2019 Financial Results Conference Call. On this morning's call, we have John Gillberry, Chairman of the Board; and Dave Cortens, Interim Chief Financial Officer. (Operator Instructions)

Earlier this morning, Quarterhill issued a news release announcing its financial results for the 3- and 12-month periods ended December 31, 2019. This news release, along with the company's MD&A and financial statements, will be available on Quarterhill's website and will be filed on SEDAR.

Certain matters discussed during today's conference call or answers that may be given to questions could constitute forward-looking statements. Actual results could differ materially from those anticipated. Risk factors that could affect results are detailed in the company's annual information form and other public filings that are made available on SEDAR.

During this conference call, Quarterhill will refer to adjusted EBITDA. Adjusted EBITDA does not have any standardized meaning prescribed by U.S. GAAP. Adjusted EBITDA is defined in

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