Matthews International Corporation (NASDAQ:MATW) Q3 2022 Results Conference Call July 29, 2022 9:00 AM ET

Company Participants

Bill Wilson - Senior Director, Corporate Development

Joe Bartolacci - President, CEO

Steve Nicola - CFO

Conference Call Participants

Daniel Moore - CJS Securities

Justin Bergner - Gabelli Funds

Liam Burke - B. Riley

Operator

Greetings, and welcome to Matthews International Third Quarter Fiscal 2022 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Bill Wilson, Senior Director of Corporate Development. Please go ahead, sir.

Bill Wilson

Thank you, Vikram. Good morning, everyone, and welcome to the Matthews International Third Quarter Fiscal Year 2022 Financial Results 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.

In addition, as a reminder, beginning in the first quarter of fiscal 2022, the company transferred its Surfaces and engineered products businesses from the SGK Brand Solutions segment to the Industrial Technologies segment. Prior period results reflect this new segmentation.

As a reminder, 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 will be discussing non-GAAP financial metrics, and encourage you to read our disclosures and reconciliation tables carefully as 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

Thanks, Bill. Good morning. Our third quarter of fiscal '22 continues to present us with several challenges that we have faced throughout the year. But several new challenges accelerated quickly. Inflationary pressures in all of our businesses have impacted profitability, while supply chain issues have continued to impact our ability to control the timing of some deliveries.