Archrock, Inc. (NYSE:AROC) Q1 2023 Results Conference Call May 3, 2023 10:00 AM ET
Company Participants
Megan Repine - VP, IR
Brad Childers - President, CEO
Doug Aron - CFO
Conference Call Participants
Jim Rollyson - Raymond James
Selman Akyol - Stifel
Steve Ferazani - Sidoti
TJ Schultz - RBC
Operator
Good morning. Welcome to the Archrock First Quarter 2023 Conference Call. Your host for today's call is Megan Repine, Vice President of Investor Relations at Archrock.
I will now turn the call over to Ms. Repine. You may begin.
Megan Repine
Thank you, Michelle. Hello, everyone, and thanks for joining us on today's call. With me today are Brad Childers, President and Chief Executive Officer of Archrock; and Doug Aron, Chief Financial Officer of Archrock.
Yesterday, Archrock released its financial and operating results for the first quarter of 2023. If you have not received a copy, you can find the information on the company's website at www.archrock.com.
During this call, we will make forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934 based on our current beliefs and expectations as well as assumptions made by and information currently available to Archrock's management team. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Please refer to our latest filings with the SEC for a list of factors that may cause actual results to differ materially from those in the forward-looking statements made during this call.
In addition, our discussion today will reference certain non-GAAP financial measures, including adjusted EBITDA, gross margin, gross margin percentage, free cash flow, free cash flow after dividend and cash available for dividend. For reconciliations of these non-GAAP financial measures to our GAAP financial results, please see yesterday's press release and our Form 8-K furnished to the SEC.
I will now turn the call over to Brad to discuss Archrock's first quarter results and to provide an update of our business.
Brad Childers
Thank you, Megan. Good morning, everyone, and thank you for joining our call today. With a strong first quarter in the books, 2023 is shaping up to be the exciting year we anticipated.
The benefits of our transformed platform are already coming through in our first quarter results. And we are profitably capturing opportunities created by the continued tightening in compression market fundamentals.