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Wireless Ronin Technologies' CEO Discusses Q3 2011 Results - Earnings Call Transcript

Stocks in this article: RNIN

Today’s call will be an interactive webcast that will feature presentation slides of our Q3 2011 financial results. To access the webcast, please go to the investor section of our corporate website at www.wirelessronin.com.

Please note that the information presented and discussed today include forward-looking statements made on the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Our actual results in future periods may differ materially and you should not attribute undue certainty to our forward-looking statements. Risks and uncertainties that could cause our actual results to differ from those expressed or implied are forward-looking statements, including those set forth in the risk factors section of our Annual Report on Form 10-K we filed on March 22, 2011.

In addition, our comments may contain certain non-GAAP financial measures including non-GAAP operating loss per share. For additional information, including the reconciliation from GAAP results to non-GAAP measures, how the non-GAAP measures provide you with full information and why we use non-GAAP measures, please see the reconciliation section of our press release, which appears on our website.

Now I’ll turn the call over to Scott Koller. Scott?

Scott Koller

Thank you Erin. Good morning everyone and thank you for joining us on today’s call to discuss Wireless Ronin’s third quarter 2011 results. The third quarter marked our first cash flow positive quarter since going public in 2006. In addition, revenue for the first nine months of 2011 increased 37% to a record $7.8 million. This improvement in year-to-date top line performance validates our business plan and demonstrates our ability to execute.

But before I comment out further, I’d like to now turn the call over to Darin McAreavey, our CFO who will take you through the financial details of our results. Afterwards, I will talk about our operational highlights and business outlook. Darin?

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