Assertio Holdings Inc. (NASDAQ:ASRT) Q4 2023 Earnings Conference Call March 11, 2024 4:30 PM ET
Company Participants
Matthew Kreps - Darrow Associates, IR
Heather Mason - Interim CEO
Ajay Patel - CFO
Paul Schwichtenberg - Chief Commercial Officer
Conference Call Participants
Thomas Flaten - Lake Street Capital Markets
Jim Sidoti - Sidoti & Company
Operator
Thank you for standing by, and welcome to the Assertio Holdings Fourth Quarter and Full Year 2023 Results Call.
I would now like to welcome Matt Kreps, Investor Relations for the company to begin the call. Matt, over to you.
Matthew Kreps
Thank you, and good afternoon, everyone. Thank you for joining us today to discuss Assertio's fourth quarter and full year 2023 financials. The news release covering our results for this period is now available on the Investor page of our website at investor.assertiotx.com. I would encourage you to review the release and the tables in conjunction with today's discussion.
With me today are Heather Mason, Interim CEO; Ajay Patel, Chief Financial Officer; and Paul Schwichtenberg, Chief Commercial Officer. In just a moment, Heather will open the remarks and provide an overview of the business, then Ajay will cover our financial results and guidance, followed by Paul with an update on our commercial strategies. After that, we will take a few questions from our covering analysts.
During this call, management will make projections and other forward-looking statements regarding our future performance. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those noted in this afternoon's press release as well as Assertio's filings with the SEC. These and other risks are more fully described in the risk factors section and other sections of our annual report on Form 10-K.
Our actual results may differ materially [Technical Difficulty] forward-looking statements. And Assertio specifically disclaims any intent or obligation to update these forward-looking statements, except as required by law.
And with that, I will now turn the call over to Heather. Please go ahead.
Heather Mason
Welcome, everyone to our fourth quarter results, and thank you for joining. Today, I'm excited to be here with Ajay, our CFO; and Paul, our Chief Commercial Officer to give you a comprehensive update on Assertio, our business and our direction. I'm here to share solid operating results for fourth quarter and a strong balance sheet at year-end.
Our strategy for ROLVEDON, our most important growth driver, our outlook for Indocin, including fourth quarter actual results and our 2024 assumptions our lower operating expense base designed to maximize the commercial contribution and cash flow generation opportunities. Our continuing plans on Corporate Business Development and, importantly, updated guidance for the year ahead.