Synalloy Corporation (SYNL) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET

Company Participants

Cody Cree - Director of Gateway Investor Relations

Ben Rosenzweig - Executive Chairman of the Board

Chris Hutter - President & Chief Executive Officer

Aaron Tam - Chief Financial Officer

Conference Call Participants

Operator

Good afternoon, everyone, and thank you for participating in today's conference call to discuss Synalloy's Financial Results for the First Quarter Ended March 31, 2022.

Joining us today are Synalloy's, Executive Chairman of the Board, Ben Rosenzweig; President and CEO, Chris Hutter; CFO, Aaron Tam; and the company's outside Investor Relations adviser, Cody Cree. Following their remarks, we'll open the call for your questions.

Before we go first, I'd like to turn the call over to Mr. Cree, as he reads the company's Safe Harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995 that provides important cautions regarding forward-looking statements. Cody, please go ahead.

Cody Cree

Thanks, Adrienne. Before we continue, I'd like to remind all participants that the discussion today may contain certain forward-looking statements, pursuant to the safe harbor provisions of the federal securities law. These statements are based on information currently available to us and are subject to various risks and uncertainties that could cause actual results to differ materially.

Synalloy advises all of those listening to this call to review the latest 10-Q and 10-K posted on its website for a summary of these risks and uncertainties. Synalloy does not undertake the responsibility to update any forward-looking statements. Further, the discussion today may include non-GAAP measures. In accordance with Regulation G, the company has reconciled these amounts back to the closest GAAP-based measurement. The reconciliations can be found in the earnings press release issued earlier today, and posted on the Investors section of the company's website at synalloy.com.

Please note that, this call is available for replay via a webcast link that is also posted on the Investors section of the company's website.

With that, I'd like to turn the call over to Synalloy's, Executive Chairman of the Board, Ben Rosenzweig. Ben, over to you.

Ben Rosenzweig

Thank you, Cody, and good afternoon, everyone. Synalloy had a very strong start to 2022 leading to our fourth consecutive quarter of year-over-year growth and second consecutive quarter of record results for revenue, net income and adjusted EBITDA. We're very pleased that our dedicated employees are able to see the fruits of their labor, manifest in our record results. They worked tirelessly to set this company up for sustained success and continue to transform Synalloy into the premier provider of pipe tube and specialty chemical solutions.