Daseke, Inc. (NASDAQ:DSKE) Q1 2022 Earnings Conference Call May 3, 2022 11:00 AM ET

Company Participants

Traci Graham – Vice President-Finance and Investor Relations

Jonathan Shepko – Chief Executive Officer

Jason Bates – Executive Vice President and Chief Financial Officer

Conference Call Participants

Ryan Sigdahl – Craig-Hallum Capital

Elliot Alper – Cowen

Bert Subin – Stifel

Greg Gibas – Northland Securities

Operator

Good morning, everyone, and thank you for participating in today’s conference call to discuss Daseke’s financial results for the first quarter ended March 31, 2022 as well as Daseke’s outlook.

With us today are Jonathan Shepko, CEO and Board member; Jason Bates, EVP and CFO; and Traci Graham, VP of Finance and Investor Relations. After their prepared remarks, the management team will take your questions.

As a reminder, you may now download a PDF of the presentation slides that will accompany the remarks made on today’s conference call as indicated in the press release, we issued earlier today. You may access these slides in the Investor Relations section of our website.

Before we go further, I would now like to turn the call over to Traci Graham, VP of Finance and Investor Relations, who will read the company’s Safe Harbor statement that provide important cautions regarding forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Traci, please go ahead.

Traci Graham

Thanks, Mag. Please turn to Slide 2 for a review of our Safe Harbor and non-GAAP statements. Today’s presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Projected financial information, including our guidance outlook, our forward-looking statements. Forward-looking statements, include 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 the 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 to not 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, but not limited to, adjusted EBITDA, adjusted operating ratio, adjusted operating income, adjusted net income or loss, free cash flow and net debt. 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 in the Investors tab of the Daseke website, www.daseke.com.