Herc Holdings Inc. (NYSE:HRI) Q2 2022 Earnings Conference Call July 21, 2022 8:30 AM ET

Company Participants

Elizabeth Higashi - Vice President of Investor Relations and Sustainability

Larry Silber - President and Chief Executive Officer

Aaron Birnbaum - Senior Vice President and Chief Operating Officer

Mark Irion - Senior Vice President and Chief Financial Officer

Conference Call Participants

Rob Wertheimer - Melius Research

Sherif El-Sabbahy - Bank of America

Jerry Revich - Goldman Sachs

Ken Newman - KeyBanc

Neil Tyler - Redburn

Larry Stavitski - Wells Fargo

Matt Brooklier - GAMCO

Mig Dobre - Baird

Steven Ramsey - Thompson Research Group

David Raso - Evercore ISI

Steven Fisher - UBS

Operator

Good morning and welcome to the Herc Holdings' Second Quarter 2022 Earnings Conference. All participants will be in a listen-only mode. [Operators Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Elizabeth Higashi. Please go ahead.

Elizabeth Higashi

Thank you, MJ, and thank you all for joining us this morning. Welcome to our second quarter 2022 earnings conference call. Earlier today, our press release, presentation slides, and 10-Q were filed with the SEC and they are all posted on the newly redesigned IR website at ir.hercrentals.com.

This morning, I'm joined by Larry Silber, President and Chief Executive Officer; Aaron Birnbaum, Senior Vice President and Chief Operating Officer; and Mark Irion, Senior Vice President and Chief Financial Officer. We'll review our second quarter results with comments on operations and our financials, including our view of the industry and our strategic outlook. The prepared remarks will be followed by an open Q&A.

Before we begin our formal remarks, I'd like to remind you to review our Safe Harbor statement, on Slide 3. Today's call will include forward-looking statements. These statements are based on the environment as we see it today, and therefore involve risks and uncertainties. I would caution you that our actual results could differ materially from the forward-looking statements made on this call. You should also refer to the Risk Factors section of our Annual Report on the Form 10-K for the year-ended December 31, 2021.

In addition to the financial results presented on a GAAP basis, we will be discussing non-GAAP information that we believe is useful in evaluating the company's operating performance. Reconciliations for these non-GAAP measures for the closest GAAP equivalent can be found in the conference call materials.