SP Plus Corporation (NASDAQ:SP) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET

Company Participants

Marc Baumann - Chairman and CEO

Kris Roy - CFO

Conference Call Participants

Daniel Moore - CJS Securities

Kevin Steinke - Barrington Research

Tim Mulrooney - William Blair

Operator

Good day and thank you for standing by. Welcome to the Second Quarter 2022 SP Plus Earnings Call. [Operator Instructions] Please be advised that today's conference is recorded.

I'd now like to hand the conference over to your speaker today, Kris Roy. Kris you have the floor.

Kris Roy

Thank you, Stacy, and good afternoon, everyone. As Stacy just said, I'm Kris Roy, Chief Financial Officer of SP Plus. Welcome to our conference call following the release of our second quarter 2022 earnings. During the call today, management will make remarks that may be considered forward-looking statements, including statements as to outlook and expectations for 2022 and statements regarding the company's strategies, plans, intentions, future operations and expected financial performance.

Actual results, performance and achievements could differ materially from those expressed or implied due to a variety of risks, uncertainties or other factors, including those described in the company's earnings release issued earlier this afternoon which is incorporated by reference for purposes of this call and available on the SP Plus website and Risk Factors in the company's annual report on Form 10-K and quarterly reports on Form 10-Q and other filings with the SEC.

In addition, management will discuss non-GAAP financial information during the call. Management believes the presentation of non-GAAP results provides investors with useful supplemental information concerning the company's ongoing operations and is an appropriate way to evaluate the company's performance. Non-GAAP measures are provided for informational purposes only. A full reconciliation of non-GAAP financial measures to comparable GAAP financial measures were presented in the tables accompanying the earnings release. To the extent other non-GAAP financial measures are discussed on the call, reconciliations to comparable GAAP measures will be posted under the Regulation G tab in the Investor Relations section of the SP Plus website.

Please note, this call is being broadcast live over the Internet and is being recorded. A replay will be available on the SP Plus website shortly after the end of the call and will be available for 30 days from today.

I will now turn the call over to Marc Baumann, our Chairman and Chief Executive Officer.