CompoSecure, Inc. (NASDAQ:CMPO) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET

Company Participants

Anthony Piniella - Head of Corporate Communication

Jon Wilk - Chief Executive Officer & President

Timothy Fitzsimmons - Chief Financial Officer

Conference Call Participants

Stephen Moss - B. Riley Securities

John Todaro - Needham & Company

Operator

Good day and thank you for standing by. Welcome to the CompoSecure Second Quarter Earnings Conference 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 Anthony Piniella, Head of Corporate Communication for Composecure. Please go ahead, Anthony.

Anthony Piniella

Good evening, and thank you for joining us to review CompoSecure's second quarter 2022 financial results. With me on the call tonight is Jon Wilk, CompoSecure's Chief Executive Officer; and Tim Fitzsimmons, Chief Financial Officer. They will begin with prepared remarks, and then we will open up the call for Q&A.

During the call, we will make statements related to our business that may be considered forward-looking, including statements concerning our plans to execute on our growth strategy, and our ability to maintain existing and acquire new customers and other statements regarding our plans and prospects. Forward-looking statements may often be identified with words such as we expect, we anticipate or upcoming. These statements reflect our views only as of today and should not be considered our views as of any subsequent date. We undertake no obligation to update or revise these forward-looking statements.

Forward-looking statements are not promises or guarantees of future performance and are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from our expectations. For a discussion of material risks and other important factors that could affect our actual results, please refer to the information in our annual report on Form 10-K and other reports filed with the SEC, which are available on the Investor Relations site of our website at composecure.com and on the SEC's website at sec.gov.

Please note that the discussion on today's call includes certain non-GAAP financial measures as defined by the SEC, including adjusted EBITDA and non-GAAP 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 measure 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.