Transcat Inc (NASDAQ:TRNS) Q1 2023 Earnings Conference Call August 2, 2022 11:00 AM ET

Company Participants

Tom Barbato - SVP of Finance

Lee Rudow - President, CEO and Director

Mark Doheny - VP of Finance, CFO and Treasurer

Conference Call Participants

Greg Palm - Craig-Hallum Capital Group

Scott Buck - H.C. Wainwright

Gerry Sweeney - ROTH Capital

Operator

Greetings, and welcome to Transcat, Inc. First Quarter 2023 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, Tom Barbato at Transcat, Inc. Please go ahead, sir.

Tom Barbato

Thank you, operator, and good morning, everyone. We appreciate your time and your interest in Transcat. With me here on the call today is our President and CEO, Lee Rudow; and our Chief Operating Officer, Mark Doheny.

We will begin the call with some prepared remarks, and then we'll open up the call for questions. Our earnings release crossed the wire after market closed yesterday and can be found on our website, transcat.com in the Investor Relations section along with the earnings presentation slides that we will be referencing this morning.

If you would please refer to Slide number 2. As you are aware, we make forward-looking statements during the formal presentation and Q&A portion of this teleconference. These statements apply to future events, which are subject to risks and uncertainties as well as other factors that could cause the actual results to differ materially from where we are today. These factors are outlined in the news release as well as in the documents filed by the company with the SEC. You can find those on our website where we regularly post information about the company as well as on the SEC's website at sec.gov.

We undertake no obligation to publicly update or correct any of the forward-looking statements contained in this call, whether as a result of new information, future events or otherwise, except as required by law. Please review our forward-looking statements in conjunction with these precautionary factors.

Additionally, during today's call, we will discuss certain non-GAAP measures, which we believe will be useful in evaluating our performance. You should not consider the presentation of this additional information in isolation or as a substitute for results prepared in accordance with GAAP. We've provided reconciliations of non-GAAP to compared GAAP measures in the tables accompanying the earnings release.