CompoSecure, Inc. (NASDAQ:CMPO) Q3 2022 Earnings Conference Call November 4, 2022 5:00 PM ET

Company Participants

Sean Mansouri – Investor Relations

Jon Wilk – Chief Executive Officer

Tim Fitzsimmons – Chief Financial Officer

Conference Call Participants

John Todaro – Needham

Reggie Smith – JPM

Operator

Good day and thank you for standing by. Welcome to the CompoSecure Q3 2022 Earnings Call. At this time all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today Sean Mansouri. Sir, please go ahead, Anthony.

Sean Mansouri

Thank you, Justin. On our call today we have the CEO of CompoSecure, Jon Wilk; as well as the company's CFO, Tim Fitzsimmons. Please note that the discussion on today's call includes certain non-GAAP financial measures as defined by the SEC, including EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS. The company believes these non-GAAP financial measures provide useful information to management and investors regarding certain financial and business trends impacting the company's financial condition and results of operations. These non-GAAP financial measures should not be considered as an alternative to net income or any other performance measures derived in accordance with U.S. GAAP and may be different from similarly titled non-GAAP measures used by other companies. A reconciliation of GAAP to non-GAAP measures is available in our press release and earnings presentation available on the Investor Relations section of our website.

Due to the forward-looking nature of the adjusted EBITDA guidance we will provide on this call, specific quantifications of the charges excluded from forward-looking adjusted EBITDA, including with respect to depreciation, amortization, interest, and taxes, that would be required to reconcile the non-GAAP financial measures included in such financial guidance to GAAP measures are not available, so it is not feasible to provide accurate forecasted non-GAAP reconciliations without unreasonable effort. As a result, no disclosure of estimated comparable GAAP measures is provided, and no reconciliation of the forward-looking non-GAAP financial measures is provided.

Thank you. And with that let me turn the call over to Jon to discuss our third quarter results. Jon?

Jon Wilk

Thank you, Sean. Good evening everyone, and thank you for joining us for our third quarter 2022 earnings call. We're excited to announce that we have achieved another record quarter and continue to build upon our momentum from the first half of the year. Before we share some of our highlights, I want to recognize our more than 800 team members, who delivered an outstanding quarter for our shareholders.