Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) Q1 2022 Earnings Conference Call May 12, 2022 8:30 AM ET
Company Participants
Taylor Krafchik - Ellipsis, IR
William Rouhana - Chairman & CEO
Chris Mitchell - CFO
Galen Smith - CEO, RedBox Entertainment
Conference Call Participants
Thomas Forte - D.A Davidson
Jason Kreyer - Craig-Hallum
Jon Hickman - Ladenburg Thalmann & Co
Brian Kinstlinger - Alliance Global
Operator
Ladies and gentlemen, hello, thank you joining us for today’s Chicken Soup for the Soul Entertainment First Quarter 2022 Earnings Results and RedBox Entertainment acquisition Conference Call. [Operator Instructions]
And to get started with the opening remarks and introductions I am please to turn the floor over to our Investor Relations for Chicken Soup for the Soul Entertainment, Mr. Taylor Krafchik. Please go ahead Taylor.
Taylor Krafchik
Thank you, operator and welcome. With me on the call today are William Rouhana, Chairman and Chief Executive Officer for Chicken Soup for the Soul Entertainment; and Chris Mitchell, Chief Financial Officer for Chicken Soup for the Soul Entertainment, to review the first quarter 2022 results, as well as provide a business update. Joining Bill and Chris on the call today is Galen Smith, Chief Executive Officer or RedBox Entertainment to help review the proposed transaction between Chicken Soup for the Soul Entertainment and RedBox Entertainment.
Following this discussion, there will be a moderated Q&A session open to the participants on the call. During this call, management will make forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding expectations, intentions and strategies regarding the future. Forward-looking statements are based on management’s current expectations and assumptions and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from projected results.
Given these uncertainties, listeners are cautioned not to place undue reliance on any forward-looking statements contained in this conference call. Please refer to the cautionary text regarding forward-looking statements contained in the earnings release, which also applies to the content of this call. Additional risk disclosures can be found in the company’s filings with the Securities and Exchange Commission.
On today’s call, management will make comments on certain GAAP-based and non-GAAP pro forma financial information. The non-GAAP financial measure that the company uses is adjusted EBITDA. Management believes that adjusted EBITDA provides useful information and that it excludes amounts that are not indicative of the company’s core operating results and ongoing operations and provides a more consistent basis for comparison between periods.