EnerSys (NYSE:ENS) Q1 2023 Earnings Conference Call August 11, 2022 9:00 AM ET

Company Participants

Lisa Hartman - Vice President of Investor Relations

David Shaffer - President & Chief Executive Officer

Andrea Funk - Executive Vice President & Chief Financial Officer

Conference Call Participants

Noah Kaye - Oppenheimer

Brian Drab - William Blair

Greg Wasikowski - Webber Research

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter Fiscal Year 2023 EnerSys Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to turn the call over to Lisa Hartman, Vice President of Investor Relations. Please go ahead.

Lisa Hartman

Thank you, operator, and good morning, everyone. On the call with me this morning are David Schaffer, EnerSys' President and Chief Executive Officer; and Andrea Funk, EnerSys Executive Vice President and Chief Financial Officer. Last evening, we published our first quarter fiscal year 2023 results and filed our 10-Q with the SEC, which are available on our website. We also posted slides that we'll be referencing during this call. The slides are available on the presentation page within the Investor Relations section of our website at www.enersys.com.

As a reminder, we will be presenting certain forward-looking statements on this call that are subject to uncertainties and changes in circumstances. Our actual results may differ materially from these forward-looking statements for a number of reasons. Our forward-looking statements are applicable only as of today, August 11, 2022. For a list of forward-looking statements and factors which could affect our future results, please refer to our recent 10-K filed with the SEC. In addition, we will also be presenting certain non-GAAP financial measures particularly concerning our adjusted consolidated operating earnings performance, adjusted diluted earnings per share and adjusted EBITDA, which excludes certain items. For an explanation of the differences between the GAAP and non-GAAP financial metrics, please see our company's Form 8-K, which includes our press release dated August 10, 2022.

Now, I'll turn the call over to our President and CEO, Dave Schaeffer.

David Shaffer

Thanks, Lisa. Please turn to Slide 4. The first quarter of fiscal year 2023 was a continuation of many of the trends we saw in the back half of fiscal year '22. Demand for our products was robust across all segments. Our backlog grew to yet another record high and ongoing supply chain and inflationary pressures masks the inherent profitability of our business.