FriendFinder Networks' CEO Discusses Q2 2012 Results - Earnings Call Transcript

FriendFinder Networks, Inc. (FFN)

Q2 2012 Earnings Call

August 14, 2012, 4:30 p.m. ET

Executives

Jeffery Goldberger – KCSA Strategic Communications

Anthony Previte – President – COO

Ezra Shashoua – CFO

Analysts

Wayne Teetsel – Stonehill Capital Management

Sam Sakain – ALJ Capital

Steve Lemur – Volt Capital

Presentation

Operator

Good day, everyone, and welcome to the FriendFinder Networks Incorporated second quarter 2012 earnings conference call. Today’s conference is being recorded. At this time, I’d like to turn the conference over to Mr. Jeffrey Goldberger. Please go ahead, sir.

Jeffrey Goldberger

Thank you, Talari, and thank you everyone for joining us today for the FriendFinder Networks second quarter 2012 earnings conference call. Before I turn the call over to the company’s newly appointed chief executive officer, Anthony Previte, I would like to read the following Safe Harbor statement.

Certain statements made on this conference call regarding FriendFinder Networks and statements related to future expectations, beliefs, goals or prospects constitute forward-looking statements made within the meaning of section 21-E of the Securities Exchange Act of 1934 and section 27-A of the Securities Act of 1933. Any statements that are not statements of historical fact, including statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions indicating future performance results or objectives should be considered forward-looking statements. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements. FriendFinder Networks assumes no obligation to update the forward-looking statements in this communication, except as otherwise required by law. Participants are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Today, we will also discuss certain non-GAAP disclosures, and a reconciliation to GAAP information is included in the press release issued earlier today. Investing in the common stock to FriendFinder Networks involves a substantial risk. Please read the risk factor section of form 10-K for the year ended December 31, 2011, filed with the SEC on March 29 th, 2012. The company does not undertake to revise any forward-looking statements to reflect future events or circumstances. With that, I will turn the call over to CEO Tony Previte. The call is all yours.

Anthony Previte

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