ChampionX Corporation (NASDAQ:CHX) Q 2022 Earnings Conference Call October 26, 2022 9:00 AM ET
Company Participants
Sivasankaran Somasundaram - President, Chief Executive Officer
Kenneth Fisher - Executive Vice President, Chief Financial Officer
Byron Pope - Vice President, ESG and Investor Relations
Conference Call Participants
David Anderson - Barclays
Scott Gruber - Citigroup
Stephen Gengaro - Stifel
Saurabh Pant - Bank of America
Operator
Welcome to the ChampionX third quarter 2022 earnings conference call. My name is Hilda and I will be your operator for today.
At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. During the question and answer session, if you have a question, please press zero-one on your touchtone phone. As a reminder, this conference is being recorded.
I will now turn the call over to Byron Pope. Sir, you may begin.
Byron Pope
Thank you. Good morning everyone.
With me today are Soma Somasundaran, President and CEO of ChampionX, and Ken Fisher, our Executive Vice President and CFO.
During today’s call, Soma will share some our company’s highlights. Ken will then discuss our third quarter results and the fourth quarter outlook, before turning the call back to Soma for some summary thoughts. We will then open the call for Q&A.
During today’s call, we will be referring to the slides posted on our website. Let me remind all participants that some of the statements we will be making today are forward-looking. These matters involve risks and uncertainties that could cause a material difference in our results from those projected in these statements, therefore I refer you to our latest 10-K filings and our other SEC filings for a discussion of some of the factors that could cause actual results to differ materially.
Our comments today may also include non-GAAP financial measures. Additional details on reconciliations to the most directly comparable GAAP financial measures can be found in our third quarter press release, which is available on our website.
I will now turn the call over to Soma.
Sivasankaran Somasundaram
Thank you Byron. Good morning everyone. I would like to welcome our shareholders, employees and analysts to our third quarter 2022 earnings call. Thanks for joining us today.
The third quarter reflected the accelerating momentum for ChampionX as we delivered strong performance along all key metrics, including revenue growth, adjusted EBITDA margin expansion, free cash flow generation, and capital return to our shareholders. Before I elaborate on why I am so pleased with our third quarter performance, I would like to turn your attention to Slide No. 4.