Alto Ingredients, Inc. (NASDAQ:ALTO) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET
Company Participants
Kirsten Chapman - LHA Investor Relations
Mike Kandris - Chief Executive Officer
Bryon McGregor - Chief Financial Officer
Conference Call Participants
Amit Dayal - H.C. Wainwright & Co, LLC
Eric Stine - Craig-Hallum Capital Group LLC
David Bastian - Kingdom Capital Advisors
Operator
Good day, and welcome to the Alto Ingredients First Quarter 2023 Financial Results Conference Call. 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 Kirsten Chapman, LHA Investor Relations. Please go ahead.
Kirsten Chapman
Thank you, Betsy, and thank you all for joining us today for the Alto Ingredients' first quarter 2023 results conference call.
On the call today are Mike Kandris, CEO; and Bryon McGregor, CFO. Alto Ingredients issued a press release after the market closed today providing details on the Company's financial results. The Company is also prepared a presentation for today's call that is available on the Company's website at altoingredients.com.
A telephone replay of today's call will be available through May 15, the details of which are included in today's press release. A webcast replay will be available on the website as well. Please note that the information on this call speaks as of today, May 8. You're advised that any time-sensitive information may no longer be accurate at a time of any replay.
Please refer to the Company's Safe Harbor statement on Slide 2 of the presentation available online, which states that some of the comments in the presentation constitute forward-looking statements and considerations that involve a number of risks and uncertainties. The actual future results of Alto Ingredients could differ materially from those statements. Factors that could cause or contribute to such differences include, but are not limited to, events, risks and other factors, previously and from time to time disclosed in Alto Ingredients' filings with the SEC. Except as required by applicable law, the Company assumes no obligation to update any forward-looking statements.
In management's prepared remarks, non-GAAP measures will be referenced. Management uses these non-GAAP measures to monitor the financial performance of the operations and believe these measures will assist investors in assessing the Company's performance for the periods being reported. The Company defines adjusted EBITDA as unaudited net income or loss before interest expense, interest income, provision for income taxes, asset impairments loss of extinguishment of debt, acquisition-related expense, fair value adjustments, and depreciation and amortization expense. To support the Company's review of any non-GAAP information, a reconciling table was included in today's press release.