Daseke, Inc. (NASDAQ:DSKE) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET

Company Participants

Adrianne Griffin - VP, IR and Treasurer

Jonathan Shepko - CEO

Aaron Coley - EVP and CFO

Conference Call Participants

Bert Subin - Stifel, Nicolaus & Company, Inc.

Greg Gibas - Northland Capital Markets

Ryan Sigdahl - Craig-Hallum Capital Group

Operator

Good morning everyone and thank you for joining today’s conference call to discuss Daseke's Financial Results for the First Quarter ended March 31, 2023. With us today are Jonathan Shepko, Chief Executive Officer and Board member; Aaron Coley, Executive Vice President and Chief Financial Officer; and Adrianne Griffin, Vice President of Investor Relations and Treasurer. After their prepared remarks, the management team will take your questions. As a reminder, you may now download the PDF of the presentation slides that will accompany the remarks made on today's conference call as indicated in the press release issued earlier today. You may access these slides in the Investor Relations section of Daseke’s website.

I would like to turn the call over to Adrianne Griffin, who will read the Company's Safe Harbor Statement that provides important cautions regarding forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Adrianne, please go ahead.

Adrianne Griffin

Thank you Michelle and good morning everyone. Slide 2 of today's presentation contains Safe Harbor and non-GAAP statements. Today's presentation also contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Projected financial information, including our guidance outlook, are forward-looking statements. Forward-looking statements, including those with respect to revenues, earnings, performance, strategies, prospects and other aspects of Daseke's business are based on management's current estimates, projections, and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from our expectations and projections.

I encourage you to read our filings with the Securities and Exchange Commission for a discussion of the risks that can affect our business and not to place undue reliance on any forward looking statements.

We undertake no obligation to revise our forward looking statements to reflect events or circumstances occurring after today, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. During the call, there will also be a discussion of some items that do not conform to U.S. generally accepted accounting principles or GAAP, including and not limited to adjusted EBITDA, adjusted EBITDA margin, adjusted operating ratios, adjusted operating income, adjusted net income or loss and free cash flow. Reconciliations of these non-GAAP measures to their most directly comparable GAAP measures are included in the appendix to the investor presentation and press release issued this morning, both of which are available on the investors tab of the Daseke website www.daseke.com.