EnPro Industries, Inc. (NYSE:NPO) Q4 2022 Earnings Conference Call February 21, 2023 9:30 AM ET
Company Participants
Eric Vaillancourt - CEO
Milt Childress - CFO
James Gentile - VP, IR
Conference Call Participants
Jeff Hammond - KeyBanc Capital Markets
Steve Ferazani - Sidoti & Company
Operator
Hello, and welcome to the EnPro Q4 2022 earnings conference call and webcast. [Operator Instructions] As a reminder, this conference is being recorded.
It’s now my pleasure to turn the call over to James Gentile, Vice President, Investor Relations. Please go ahead, James.
James Gentile
Thank you, Kevin, and good morning, everyone. Welcome to EnPro's fourth quarter and full-year 2022 earnings conference call. I'll remind you that our call is being webcast at EnProindustries.com, where you can find the presentation that accompanies this call. With me today is Eric Vaillancourt, our President and Chief Executive Officer; and Milt Childress, Executive Vice President and Chief Financial Officer. An important reminder that the fourth quarter and full-year 2022 results we will be discussing today, reflect the continuing operations of EnPro. In the third quarter, we determined our former Engineered Materials segment to be a discontinued operation, and we completed the divestiture of its remaining components, GGB and GPT, in November of last year, and in January 2023, respectively. All financial data has been recast to reflect our go-forward portfolio comprised of the Sealing Technologies and Advanced Surface Technologies segments.
During today’s call, we will reference a number of non-GAAP financial measures. Tables reconciling the historic non-GAAP measures to the comparable GAAP measures, are included in the appendix to the presentation materials. Also, a friendly reminder that we will be making statements on this call that are not historical facts and that are considered forward-looking in nature. These statements involve a number of risks and uncertainties, including those described in our filings with the SEC, including our most recent Form 10-K and Form 10-Q. Also note that during this call, we will be providing full year 2023 guidance, which excludes unforeseen impacts from these risks and uncertainties, as well as changes in the number of shares outstanding, impacts from future acquisitions, dispositions and related transaction costs, restructuring costs, incremental impacts of inflation, geopolitical variable and trade tensions on market demand and costs subsequent to the end of the fourth quarter, the impact of the foreign exchange rate changes subsequent to the end of the fourth quarter and interest rate increases differing from assumptions outlined in guidance. We do not undertake any obligation to update these forward-looking statements.