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TheStreet Open House

IPass CEO Discusses Q3 2010 Results – Earnings Call Transcript

iPass, Inc. ( IPAS)

Q3 2010 Earnings Call Transcript

November 4, 2010 5:00 pm ET

Executives

Steven Gatoff – CFO and SVP

Evan Kaplan – President and CEO

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the third quarter 2010 iPass earnings conference call. My name is Katie and I'll be your coordinator for today. At this time, all participants are in a listen-only mode. We will be conducting a question-and-answer session toward the end of this call. (Operator Instructions)

I would like to now hand the call over to Mr. Steve Gatoff, Chief Financial Officer. Please proceed.

Steven Gatoff

Thank you, operator. Good afternoon, everyone. Thank you for joining us to discuss our financial and operating results for the third quarter of 2010. I'm here today with Evan Kaplan, President and CEO.

Before I turn the call over to Evan, I'd like to bring the following to your attention. The date of this call is November 4, 2010. Our presentation today contains forward-looking statements about events and circumstances that have not yet occurred. Statements regarding our projected financial results for the fourth quarter of 2010, statements regarding achieving growth and profitability, statements containing words such as, "will, expect, believe, plan, intend and should," and other statements in the future tense are forward-looking statements. Actual outcomes and results may differ materially from these expectations contained in the statements, due to a number of risk and uncertainties. The risks and uncertainties that could cause these statements not to come true are set forth in today's press release, as well as in our most recent quarterly report on Form 10-Q and annual report on Form 10-K under the section, risk factors that are filed with the Securities and Exchange Commission. These reports are available on our website and at www.sec.gov. Please note that iPass takes no responsibility to update the information in this conference call under any circumstances.

On this call we will also provide and talk about our results using non-GAAP financial measures. The press release and our website include text in tables that explain how we define and calculate non-GAAP metrics and the reconciliation of non-GAAP results to GAAP results.

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