Clean Harbors, Inc. (NYSE:CLH) Q1 2023 Results Conference Call May 3, 2023 9:00 AM ET

Company Participants

Michael McDonald - General Counsel

Eric Gerstenberg - Co-Chief Operating Officer

Mike Battles - Co-Chief Operating Officer

Eric Dugas - Chief Financial Officer

Jim Buckley - Senior Vice President of Investor Relations

Conference Call Participants

Michael Hoffman - Stifel

Jerry Revich - Goldman Sachs

Jim Ricchiuti - Needham

Tobey Sommer - Truist

Noah Kaye - Oppenheimer

David Manthey - Baird

Operator

Good day, ladies and gentlemen, and welcome to Clean Harbors First Quarter 2023 Earnings Call. All lines have been placed in the listen-only mode and the floor will be open for the questions and comments following the presentation. [Operator Instructions]

At this time, it is my pleasure to turn the floor over to your host, Michael McDonald, General Counsel for Clean Harbors. Sir, the floor is all yours.

Michael McDonald

Thank you, Karen, and good morning, everyone. With me on today's call are our Co-Chief Executive Officers, Eric Gerstenberg and Mike Battles; and our EVP and Chief Financial Officer, Eric Dugas; and SVP of Investor Relations, Jim Buckley. Slides for today's call are posted on our Investor Relations website, and we invite you to follow along.

Matters we are discussing today that are not historical facts are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Participants are cautioned not to place undue reliance on these statements, which reflect management's opinions only as of today, May 3, 2023. And Information on potential factors and risks that could affect our results is included in our SEC filings. The Company undertakes no obligation to revise or publicly release the results of any revision to the statements made today other than through filings made concerning this reporting period.

Today's discussion includes references to non-GAAP measures. Clean Harbors believes that such information provides an additional measurement and consistent historical comparison of its performance. Reconciliations of these measures to the most directly comparable GAAP measures are available in today's news release, on our website and in the appendix of today's presentation.

Let me turn the call over to Eric Gerstenberg to start, Eric?

Eric Gerstenberg

Thanks, Michael. Good morning, everyone, and thank you for joining us. Our first quarter results demonstrates the execution of our growth strategy and the resilience of our diversified business model. We delivered broad-based growth across our Environmental Services segment. In addition to the favorable market conditions, those results were driven by cross-selling and capitalizing on our platform, of over 700 service branches, all sharing our unique assets in our 22,000 employees.