Alto Ingredients, Inc. (NASDAQ:ALTO) Q3 2022 Earnings Conference Call November 7, 2022 5:00 PM ET

Company Participants

Kirsten Chapman - LHA, Investor Relations

Mike Kandris - Director & Chief Executive Officer

Bryon McGregor - Chief Financial Officer

Conference Call Participants

Eric Stine - Craig-Hallum

Amit Dayal - H.C. Wainwright

David Bastian - Kingdom Capital Advisors

Operator

Good afternoon. And welcome to the Alto Ingredients Incorporated. Third Quarter 2022 Results Conference Call. All participants will be in a listen-only mode [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, Gary and thank you all for joining us today for the Alto Ingredients third quarter 2022 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 of the company's quarterly results. The company 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 November 14, the details of which are included in today's press release. A webcast replay will also be available at Alto Ingredients' website.

Please note that information on this call speaks only as of today, November 7th, you are advised that any time-sensitive information may no longer be accurate at the time of the 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 this 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 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 operations and believes these measures will assist investors in assessing the company's performance for the period being reported. The company defines adjusted EBITDA as unaudited net income or loss before interest expense, interest income, provision or benefit for income taxes, asset impairment, loss on extinguishment of debt, acquisition related expense, fair value adjustments and depreciation and amortization expense. To support the company's review of non-GAAP information later this call, a reconciling table was included in today's press release.