Ocwen Financial Corporation (NYSE:OCN) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET
Company Participants
Dico Akseraylian – Senior Vice President-Corporate Communications
Glen Messina – Chief Executive Officer
Sean O’Neil – Chief Financial Officer
Conference Call Participants
Bose George – KBW
Lee Cooperman – Omega Family Office
Kyle Joseph – Jefferies
Matthew Howlett – B. Riley
Eric Hagen – BTIG
Operator
Greetings, and welcome to the Ocwen Financial Corporation Fourth Quarter Earnings and Business Update Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce one of your hosts, Mr. Dico Akseraylian, Senior Vice President of Corporate Communications. Please go ahead, sir.
Dico Akseraylian
Good morning and thank you for joining us for Ocwen’s full year and fourth quarter 2022 earnings call. Please note that our earnings release and slide presentation are available on our website. Speaking on the call will be Ocwen’s Chair and Chief Executive Officer, Glen Messina; and Chief Financial Officer, Sean O’Neil.
As a reminder, the presentation or comments today may contain forward-looking statements made pursuant to the safe harbor provisions of the federal securities laws. These forward-looking statements may be identified by reference to a future period or by use of forward-looking terminology and address matters that are to different degrees uncertain.
You should bear this uncertainty in mind and should not place undue reliance on such statements. Forward-looking statements involve assumptions, risks and uncertainties, including the risks and uncertainties described in our SEC filings, including our Form 10-K for the year ended December 31, 2021 and when available for year ended December 31, 2022. In the past, actual results have deferred materially from those suggested by forward-looking statements, and this may happen again.
Our forward-looking statements speak only as of the date they are made, and we disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
In addition, the presentation or comments contain references to non-GAAP financial measures, such as adjusted pre-tax income and adjusted expenses, among others. We believe these non-GAAP financial measures provide a useful supplement to discussions and analysis of our financial condition, because they are measures that management uses to assess the financial performance of our operations and allocate resources. Non-GAAP financial measures should be viewed in addition to and not as an alternative for the company’s reported results under accounting principles generally accepted in the United States.