CECO Environmental Corp. (NASDAQ:CECO) Q4 2022 Earnings Conference Call Transcript March 6, 2023 8:30 AM ET

Company Participants

Steven Hooser - IR

Todd Gleason - CEO

Peter Johansson - Chief Financial and Strategy Officer

Conference Call Participants

Aaron Spychalla - Craig-Hallum Capital

James Ricchiuti - Needham & Company

Robert Brown - Lake Street Capital

Amit Dayal - H.C. Wainwright

William Dezellem - Tieton Capital

Gerard Sweeney - ROTH MKM Partners

Operator

Good morning and welcome to the CECO Environmental Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Steven Hooser, Investor Relations. Please go ahead.

Steven Hooser

Thank you, Rocco, and thank you for joining us on the CECO Environmental Fourth Quarter and Full Year 2022 Earnings Call. On the call with me today is Todd Gleason, Chief Executive Officer and Peter Johansson, Chief Financial and Strategy Officer.

Before we begin, I would like to note that we have provided a slide presentation to help guide our discussion. This call will be webcast along with our earnings presentation, which is on our website at cecoenviro.com. The presentation materials can also be accessed through the Investor Relations section of our website.

I'd also like to caution investors regarding forward-looking statements. Any statements made in today's presentation that are not based on historical facts are forward-looking statements. Such statements are based on certain estimates and expectations and are subject to a number of risks and uncertainties. Actual future results may differ materially from those expressed or implied by forward-looking statements. We encourage you to read the risks described in our SEC filings included on Form 10-K and for the year ended December 31, 2022. Except to the extent required by applicable securities laws, we undertake no obligation to update or publicly revise any of the forward-looking statements that we make here today, whether as a result of new information, future events or otherwise.

Today's presentation will also include references to certain non-GAAP financial measures. We've provided a comparable GAAP and non-GAAP numbers in today's press release and provided non-GAAP reconciliations in the supplemental tables in the back of the slide presentation.

With that, I would now like to turn the call over to Chief Executive Officer, Todd Gleason. Todd?

Todd Gleason

Thanks, Steven, and good day. I'm going to start with Slide 3 which is entitled Q4 2022 Earnings Summary. As we highlighted in today's press release, CECO had another fantastic quarter, which capstones an excellent full year 2022. A year where we set and met several growth and performance related records including exiting 2022 with a record backlog level. So we are well positioned for growth heading into 2023. We have a lot of good content to review with you this morning. And this summary slide highlights some of the key messages we hope you take away from our earnings presentation material.