Mirion Technologies, Inc. (NYSE:MIR) Q1 2023 Earnings Conference Call May 3, 2023 12:00 PM ET
Company Participants
Alex Gaddy - Vice President, Finance
Larry Kingsley - Chairman
Tom Logan - Chief Executive Officer
Brian Schopfer - Chief Financial Officer
Conference Call Participants
Chris Moore - CJS Securities
Andy Kaplowitz - Citigroup
Joe Ritchie - Goldman Sachs
Operator
Greetings and welcome to the Mirion First Quarter 2023 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Alex Gaddy, Vice President of Finance for Mirion. Thank you. You may begin.
Alex Gaddy
Good afternoon, everyone and thank you for joining Mirion’s first quarter 2023 earnings call. A reminder that comments made during this presentation will include forward-looking statements and actual results may differ materially from those projected in the forward-looking statements. The factors that could cause actual results to differ are discussed in our annual report on Form 10-K and quarterly reports on Form 10-Q that we file from time to time with the SEC under the caption Risk Factors and in Mirion’s other filings with the SEC.
Quarterly references within today’s discussion are related to the first quarter ended March 31, 2023. The comments made during this call will also include certain financial measures that were not prepared in accordance with generally accepted accounting principles. Reconciliation of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the appendix of the presentation accompanying the call today. All earnings materials can be found on Mirion’s IR website at ir.mirion.com.
I would also like to call attention to the rebranding initiative we launched on Monday, May 1, 2023. As a result, our business segment, formerly referred to as industrial will be called Mirion Technologies or Simply Technologies in the future. There has been no change to our financial reporting methodology beyond the naming convention for the Technologies segment.
Joining me on the call today are Larry Kingsley, Chairman of the Board; Tom Logan, Chief Executive Officer; and Brian Schopfer, Chief Financial Officer. Now I will turn it over to our Chairman of the Board, Larry Kingsley. Larry?
Larry Kingsley
Thanks Alex and good afternoon everyone. To get us started today, I wanted to thank everyone dialed in this afternoon for your continued interest and support of Mirion. We are pleased to report strong results to kick off 2023. Our backlog position has increased sequentially, which is a reflection of both favorable end market dynamics and the commercial effectiveness of RT.