FTAI Infrastructure Inc. (NASDAQ:FIP) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET

Company Participants

Alan Andreini - Head, Investor Relations

Ken Nicholson - Chief Executive Officer

Scott Christopher - Chief Financial Officer

Conference Call Participants

Giuliano Bologna - Compass Point

Operator

Hello. Thank you for standing by. And welcome to FTAI Infrastructure Q1 2023 Earnings Conference Call. At this time, all participants on a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker, Alan Andreini. You may begin, sir.

Alan Andreini

Thank you, Towanda. I would like to welcome you all to the FTAI Infrastructure first quarter 2023 earnings call. Joining me here today are Ken Nicholson, the CEO of FTAI Infrastructure; and Scott Christopher, the company’s CFO.

We have posted an investor presentation and press release on our website, which we encourage you to download if you have not already done so. Also, please note that this call is open to the public in listen-only mode and is being webcast.

In addition, we will be discussing some non-GAAP financial measures during the call today, including adjusted EBITDA. The reconciliations of those measures to the most directly comparable GAAP measures can be found in the earnings supplement.

Before I turn the call over to Ken, I would like to point out that certain statements made today will be forward-looking statements, including regarding future earnings. These statements by their nature are uncertain and may differ materially from actual results.

We encourage you to review the disclaimers in our press release and investor presentation regarding non-GAAP financial measures and forward-looking statements, and to review the risk factors contained in our quarterly report filed with the SEC.

Now I would like to turn the call over to Ken.

Ken Nicholson

Thanks, Alan, and good morning, everyone. This morning, we will be discussing our first quarter financial results and also providing an update on the latest developments at each of our business segments. For this call, I’ll be referring to the first quarter supplemental materials that were recently posted to our website.

Before we get to the financials, I’m pleased to report that we will be paying our third dividend as a standalone company with our Board authorizing a $0.03 per share quarterly dividend to be paid on May 26th to the holders of record on May 15th.