A-Mark Precious Metals, Inc. (AMRK) CEO Greg Roberts on Q2 2019 Results – Earnings Call Transcript

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Q2 2019 Results Earnings Conference Call February 11, 2019 4:30 PM ET

Company Participants

Greg Roberts – Chief Executive Officer

Cary Dickson – Chief Financial Officer

Thor Gjerdrum – President

Conference Call Participants

Sarkis Sherbetchyan – B. Riley FBR

Chris Sakai – Singular Research

Mitch Almy – Wedbush Securities


Good afternoon, and welcome to A-Mark Precious Metals Conference Call for the Fiscal Second Quarter 2019 Ended December 31, 2018. My name is Jeremy, and I will be your operator this afternoon.

Before this call, A-Mark issued its results for the fiscal second quarter of 2019 in a press release, which is available on the Investor Relations section of the company’s website at www.amark.com. You can find the link to the Investor Relations section at the top of the homepage.

Joining us for today’s call are A-Mark’s CEO, Greg Roberts; President, Thor Gjerdrum; and CFO, Cary Dickson. Following their remarks, we will open the call to your questions. Then, before we conclude the call, I’ll provide the necessary cautions regarding the forward-looking statements made by management during this call.

I would like to remind everyone that this call is being recorded and will be made available for replay via a link available in the Investor Relations section of A-Mark’s website.

Now, I would like to turn the call over to A-Mark’s CEO, Mr. Greg Roberts. Sir, please proceed.

Greg Roberts

Thank you, Jeremy, and welcome everyone. Good afternoon. And thank you for joining us. In the second quarter we saw a continuation of the momentum we experienced in Q1, resulting in another solid quarter for A-Mark.

These results were driven in part by the favorable market conditions in the precious metals market, where we saw continued price volatility, which produced higher demand and supply constraints.

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