Matthews International Corporation. (NASDAQ:MATW) Q2 2023 Earnings Conference Call April 28, 2023 9:00 AM ET

Company Participants

Bill Wilson - Senior Director of Corporate Development

Joe Bartolacci - President & CEO

Steven Nicola - CFO

Conference Call Participants

Daniel Moore - CJS Securities

Liam Burke - B. Riley

Justin Bergner - Gabelli Funds

Operator

Greetings. Welcome to the Matthews International Second Quarter Fiscal 2023 Financial Results. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded.

I will now turn the conference over to your host, Bill Wilson, Senior Director of Corporate Development. You may begin.

Bill Wilson

Thank you Shimon. Good morning, everyone, and welcome to the Matthews International second quarter fiscal year 2023 earnings conference call. This is Bill Wilson, Senior Director of Corporate Development. With me today are Joe Bartolacci, President and Chief Executive Officer; and Steve Nicola, our Chief Financial Officer.

Before we start, I would like to remind you that our earnings release was posted on our website, www.matw.com in the Investors section last night. The presentation for our call can also be accessed in the Investors section of the Website.

Any forward-looking statements in connection with this discussion are being made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Factors that could cause the company's results to differ from those discussed today are set forth in the company's annual report on Form 10-K and other periodic filings with the SEC.

In addition, we'll be discussing non-GAAP financial metrics and encourage you to read our disclosures and reconciliation tables carefully before you consider these metrics. In connection with any forward-looking statements and non-GAAP financial information, please read the disclaimer included in today's presentation materials located on our Website.

And now I'll turn the call over to Joe.

Joe Bartolacci

Thank you, Bill. Good morning. Let me first thank all of employees globally for the contributions to our continuing success last quarter. We are very pleased with our results for the fiscal 2023 second quarter as we continued to see momentum and interest in our energy solutions business, growth in our warehouse automation business and strong results in our Memorialization segment despite a significant decline in COVID related deaths. We are on target to meet our financial guidance for the current year. And we remain focused on continuing to evolve our businesses to meet the opportunities before us.