NN, Inc. (NASDAQ:NNBR) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET

Company Participants

Jeff Tryka - Investor Relations

Warren Veltman - President & Chief Executive Officer

Mike Felcher - Senior Vice President & Chief Financial Officer

Conference Call Participants

Rob Brown - Lake Street Capital Markets

Tom Kerr - Zacks Investment Research

Operator

Good morning and welcome to the NN, Inc. Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Jeff Tryka. Please go ahead.

Jeff Tryka

Thank you, Andrea. Good morning, everyone and thanks for joining us. I'm Jeff Tryka, Investor Relations contact for NN, Inc. and I'd like to thank you for attending today's business update. Yesterday afternoon, we issued a press release announcing our financial results for the third quarter ended September 30, 2022, as well as a supplemental presentation which have all been posted on the Investor Relations section of our website. If anyone needs a copy of the press release or the supplemental presentation, you may contact Lambert & Co. at 315-529-2348. Our presenters on the call this morning will be Warren Veltman, President and Chief Executive Officer; and Mike Felcher, Senior Vice President and Chief Financial Officer.

Before we begin, I'd ask that you take note of the cautionary language regarding forward-looking statements contained in today's press release, supplemental presentation and in the Risk Factors section of the company's annual report on Form 10-K for the fiscal year ended December 31, 2021 and other filings with the Securities and Exchange Commission. The same language applies to comments made in today's conference call, including the Q&A session as well as the live webcast. Our presentation today will contain forward-looking statements regarding sales, margins, input cost inflation, supply chain constraints, the impact of the automotive semiconductor chip shortage, statements regarding the planned management transition, foreign exchange rates, cash flow, tax rates, acquisitions, synergies, cash and cost savings, future operating results, performance of our worldwide markets and the impacts of the coronavirus pandemic and the Russian-Ukrainian conflict on the company's financial condition and other topics. These statements should be used with caution and are subject to various risks and uncertainties, many of which are outside of the company's control. The presentation also includes certain non-GAAP measures as defined by SEC rules. A reconciliation of such non-GAAP measures is contained in the tables in the final section of the press release and the supplemental presentation.