![]() For the full year, our non-GAAP operating margin was 19%. We did not ship product on the anticipated schedule because the prepayment under the contract was delayed. As previously announced, the guidance we provided in October 2015 included expected revenue of approximately $4 million under the new $232 million Venezuela Ministry of Health contract to supply neonatal and obstetric equipment. In the quarter, we achieved a non-GAAP operating margin of 20.3%. I'm very pleased actually, with these results, as we posted record revenues even with a $1.2 million negative currency effect and our gross margin increased to 63.9%. We repurchase $2.2 million of stock during the fourth quarter. We also reported non-GAAP earnings of $0.51, compared to $0.40 in our fourth quarter last year. Our fourth quarter results that we released earlier this morning reported revenue of $100 million, compared to $94 million last year. I would now like to turn the call over to Jim Hawkins, President and Chief Executive Officer of Natus Medical. For a description of the relevant risks and uncertainties that may affect the Company's business, see its periodic reports on Forms 10-K and 10-Q filed with Securities and Exchange Commission. Natus remind you that future results may differ materially from these forward-looking statements due to a number of risk factors. Forward-looking statements are those focused on future performance, results, plans and events and include the Company's expected results for 2015. Some of the information to be furnished in today's session will constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Then Jonathan Kennedy, Senior Vice President and Chief Financial Officer of Natus, will summarize the Company's financial results, and then Jim Hawkins will conclude the prepared remarks with comments about the Company's financial guidance for 2015 before opening the call up to questions. The agenda for today's call will be as follows, Jim Hawkins, President and Chief Executive Officer of Natus, will present opening comments. If you have not received the news release or if you would like to be added to the Company's distribution lists, please email your request to This call is being broadcast live over the Internet on the Company's website at and a replay of the call will be available on the website for the next 90 days. Earlier today, Natus Medical released financial results for the fourth quarter 2015. Operator: Welcome to the Natus Medical Fourth Quarter 2015 Financial Results Conference Call.This course will provide a comprehensive overview of the clinical application and system overview of the NICVIEW Live Video Streaming solution for the Neonatal Intensive Care Unit. 24/7 video streaming with NICVIEW helps families feel more involved right from the start, making them partners in the process of giving their hospitalized family member the best start in life. Childbirth is an emotional event for parents and families, particularly when a newborn’s first few critical days, weeks or even months are spent in the NICU.
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