Quest Resource Holding Corporation (NASDAQ:QRHC) Q1 2023 Earnings Conference Call May 15, 2023 5:00 PM ET

Company Participants

Dave Mossberg - Investor Relations

Ray Hatch - President and Chief Executive Officer

Brett Johnston - Chief Financial Officer

Conference Call Participants

Aaron Spychalla - Craig-Hallum

Gerry Sweeney - ROTH Capital

Chip Moore - EF Hutton

Greg Kitt - Pinnacle Fund

George Melas - MKH Management

Operator

Thank you for standing by. This is the conference operator. Welcome to the Quest Resource Holding Corp. First Quarter 2023 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Dave Mossberg, Investor Relations representative. Please go ahead.

Dave Mossberg

Thank you, Asha and thanks everyone for joining us on the call today. Before we begin, I’d like to remind everyone that this call may contain predictions, estimates and other forward-looking statements regarding future events or future performance of Quest. Use of words like anticipate, project, estimate, expect, intend, believe and other similar expressions are intended to identify those forward-looking statements. Such forward-looking statements are based on Quest’s current expectations, estimates, projections, beliefs and assumptions and involve significant risks and uncertainties.

Actual events or Quest results could differ materially from those discussed in the forward-looking statements as a result of various factors, which are discussed in greater detail in Quest’s filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on such statements and to consult our SEC filings for additional risks and uncertainties. Quest’s forward-looking statements are presented as of the date made and we disclaim any duty to update such statements unless required to do so by law.

In addition, in this call, we may include industry and other market data and other statistical information as well as Quest’s observations and views about industry conditions and developments. Today, the information are based on Quest’s estimates, independent publications, government publications and reports by market research firms and other sources. Although Quest believes these sources are reliable and the data and other information are accurate, we caution that Quest does not independently – has not independently verified the reliability of these sources or the accuracy of this information.

Certain non-GAAP financial measures will be discussed during this call. These non-GAAP measures are used by management to make strategic decisions, forecast future results and elevate company’s current performance. Management believes the presentation of these non-GAAP financial measures is useful to investors understanding the assessment of the company’s ongoing core operations and prospects for the future. Unless as otherwise stated, it should be assumed that any financials discussed in this call will be on a non-GAAP basis. Full reconciliations of non-GAAP to GAAP financial measures are included in today’s earnings release.