The Shyft Group, Inc. (NASDAQ:SHYF) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET

Company Participants

Jeff Tryka – Investor Relations

Daryl Adams – President and Chief Executive Officer

Jon Douyard – Chief Financial Officer

Conference Call Participants

Matt Koranda – Roth Capital

Steve Dyer – Craig-Hallum

Mike Shlisky – D.A. Davidson

Operator

Good morning and welcome to The Shyft Group’s First Quarter 2022 Conference Call and Webcast. [Operator Instructions] This call is being recorded at the request of The Shyft Group. If anyone has any objections, you may disconnect at this time.

I would now like to introduce Jeff Tryka, Investor Relations for the Shyft Group. Mr. Tryka, you may proceed.

Jeff Tryka

Thank you everyone. And welcome to the Shyft Group’s first quarter 2022 earnings call. Joining me on the call today are our Daryl Adams, our President and Chief Executive Officer, and Jon Douyard, our Chief Financial Officer.

For today’s call, we’ve included a presentation deck, which will be filed with the SEC and is also available on our website at www.theshyftgroup.com. You may download the deck from the Investor Relations section of our website to follow along with our presentation during the call.

Before we start today’s call, please turn to Slide 2 of the presentation for our Safe Harbor statement. You should be aware that certain statements made during today’s conference call, which may include management’s current outlook, viewpoint, predictions, and projections regarding The Shyft Group and its operations, may be considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. I caution you that, as with any prediction or projection, there are a number of factors that could cause The Shyft Group’s actual results to differ materially from the projections. All known risks that management believes could materially affect the results are identified in our Forms 10-K and 10-Q filed with the SEC. However, there may be other risks that we cannot anticipate.

On today’s call, we will provide a business update, including the ongoing impact of a variety of factors on our operations before moving on to a more detailed review of the results and our outlook for the remainder of 2022. We’ll then open the line for questions. I would also like to remind everyone that with the divestiture of the emergency response business on February 1, 2020, the revenues and expenses associated with the ER business, as well as the assets and liabilities have been reclassified as discontinued operations for all periods presented. With this reclassification of the ER business, the results discussed today will refer to continuing operations unless otherwise noted.