This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Verenium Corporation's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Stocks in this article: VRNM

Verenium Corporation (VRNM)

Q4 2011 Earnings Call

March 5, 2012 8:30 am ET

Executives

James Levine – President, Chief Executive Officer

Jeffrey Black – Senior Vice President, Chief Financial Officer

Janet Roemer – Chief Operating Officer

Kelly Lindenboom – Vice President, Corporate Communications

Analysts

Presentation

Operator

Good day ladies and gentlemen and welcome to the Verenium Corporation Fourth Quarter 2011 Earnings call. At this time, all participants are in a listen-only mode. If anyone should require assistance on the call, please press star then zero on your touchtone telephone. As a reminder, today’s call is being recorded.

I would now like to turn the conference over to your host, Kelly Lindenboom. Ma’am, you may begin.

Kelly Lindenboom

Thank you for joining Verenium’s Fourth Quarter and Year-End 2011 conference call this morning. I’m Kelly Lindenboom. With me today are Jamie Levine, our President and CEO, Janet Roemer, our Chief Operating Officer; and Jeff Black, our Chief Financial Officer. The agenda for today’s call is as follows: first, Jamie will discuss today’s announcement, including our current financing strategy as well as the potential sale of the Company, and then give an update on progress made during 2011. Jeff with then review our financial results for the full-year 2011 and provide 2012 guidance, and Janet will then discuss commercial operations, including Q4 and full-year 2011 product performance.

Given the nature of the items we disclosed this morning and the status of ongoing discussions, we will not be taking questions on today’s call.

Before we begin, I would like to advise you that this discussion will include certain statements that are not historical facts and are forward-looking statements that involve a high degree of risk and uncertainty. These statements relate to matters such as our strategy, future operating plans, markets for our products, partnering, collaboration activities, public policy, financing and M&A activities, technical and business outlook, and our 5.5% notes. The Company’s actual results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include but are not limited to those discussed in our filings with the SEC, including but not limited to our report on Form 10-K for the year ended December 31, 2011. These forward-looking statements speak only as of the date hereof.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs