GSE Systems, Inc. (NASDAQ:GVP) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET
Company Participants
Adam Lowensteiner - Vice President of Lytham Partners
Kyle Loudermilk - President & CEO
Emmett Pepe - CFO & Treasurer
Conference Call Participants
William Bremer - Vanquish Capital
Operator
Good day and welcome to the GSE Systems, Inc. Reports First Quarter of Fiscal Year 2022 (ph) Financial Results. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Adam Lowensteiner, Vice President at Lytham Partners. Please go ahead, sir.
Adam Lowensteiner
Thank you, Chuck. Sorry, everybody for the delay. Good afternoon, everyone. Thank you for joining us today to review the financial results for GSE Systems for the first quarter ended March 31, 2022. With us on the call representing the company today are Kyle Loudermilk, President and CEO of GSE Systems; and Emmett Pepe, Chief Financial Officer of GSE Systems.
Before we begin, I'd like to remind everyone that the statements made during the course of the conference today may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Act of 1934. These statements reflect current expectations considering future events and results. Words such as expect, intend, believe, may, will, should, could, anticipate and similar expressions are words that are used to identify forward-looking statements, but their absence does not mean a statement is not forward-looking.
These statements are not guarantees of future performance and are subject to risks and uncertainties and other important factors that could cause actual performance or achievements to be materially different from those projected. For a full discussion of these risks, uncertainties and factors, you are encouraged to read GSE's documents on file with the Securities and Exchange Commission, including those set forth in periodic reports filed under the forward-looking statements and Risk Factors section. GSE does not intend to update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.
On this call, management may refer to EBITDA, adjusted EBITDA, adjusted net income and adjusted EPS, which are not measures of financial performance under generally accepted accounting principles, or GAAP. Management believes that these non-GAAP figures in addition to other GAAP measures provide meaningful supplemental information regarding the company's operational performance. Investors should recognize that these non-GAAP figures might not be comparable to similarly titled measures of other companies.