Construction Partners, Inc. (NASDAQ:ROAD) Q3 2023 Earnings Conference Call August 2, 2023 10:00 AM ET

Company Participants

Rick Black - Investor Relations

Jule Smith - Chief Executive Officer

Greg Hoffman - Chief Financial Officer

Ned Fleming - Executive Chairman

Conference Call Participants

Tyler Brown - Raymond James

Brian Biros - Thompson Research Group

Andy Wittmann - Robert W. Baird

Adam Thalhimer - Thompson Davis & Co

Stanley Elliott - Stifel

Brian Russo - Sidoti & Company

Operator

Greetings and welcome to the Construction Partners Third Quarter Earnings Conference Call. At this time all participants’ are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]

It is now my pleasure to introduce your host, Rick Black with Investor Relations. Please go ahead.

Rick Black

Thank you, operator, and good morning everyone. We appreciate you joining us for the Construction Partners conference call to review third quarter results for fiscal 2023. This call is also being webcast and can be accessed through the audio link on the Events and Presentations page of the Investor Relations section of constructionpartners.net.

Information recorded on this call speaks only as of today, August 2nd, 2023. So please be advised that any time sensitive information may no longer be accurate as of the time of any replay listening or transcript reading. I would also like to remind you that statements made in today's discussion that are not historical facts, including statements of expectations or future events or future financial performance, are considered forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. We will be making forward-looking statements as part of today's call that by their nature are uncertain and outside of the company's control. Actual results may differ materially.

Please refer to today's earnings press release for our disclosures on forward-looking statements. These factors and other risks and uncertainties are described in detail in the company's filings with the Securities and Exchange Commission. Management will also refer to non-GAAP measures, including adjusted EBITDA. Reconciliations to the nearest GAAP measures can be found at the end of our earnings release. Construction Partners assumes no obligation to publicly update or revise any forward-looking statements.

And now, I would like to turn the call over to Construction Partners' CEO, Jule Smith. Jule?

Jule Smith

Thank you, Rick, and good morning everyone. With me on the call today are Greg Hoffman, our Chief Financial Officer, and Ned Fleming, our Executive Chairman. We are pleased to report an excellent quarter. In fact, it was a record quarter for CPI in numerous ways. I want to thank our over 4,000 employees for their hard work and expertise in delivering this record quarter, despite battling wetter-than-normal conditions.