DOW
Q1 2022 Earnings Call
Apr 21, 2022, 8:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, and welcome to Dow's Q1 2022 earnings call. [Operator instructions] Also today's call is being recorded. I would now like to turn the call over to Mr. Pankaj Gupta.
Please go ahead, sir.
Pankaj Gupta -- Director, Investor Relations
Good morning. Thank you for joining Dow's first-quarter earnings call. This call is available via webcast, and we have prepared slides to supplement our comments today. They are posted on the Investor Relations section of Dow's website and through the link to our webcast.
I am Pankaj Gupta, vice president of Dow Investor Relations, and joining me today on the call are Jim Fitterling, Dow's chairman and chief executive officer; and Howard Ungerleider, president and chief financial officer. Please read the forward-looking statement disclaimer contained in the earnings news release and slides. During our call, we will make forward-looking statements regarding our expectations or predictions about the future. Because these statements are based on current assumptions and factors that involve risks and uncertainties, our actual performance and results may differ materially from our forward-looking statements.
Dow's Forms 10-Q and 10-K include detailed discussions of principal risks and uncertainties which may cause such differences. Unless otherwise specified, all financials, where applicable, exclude significant items. We will also refer to non-GAAP measures. A reconciliation of the most directly comparable GAAP financial measure and other associated disclosures is contained in the Dow earnings release and in the slides that supplement our comments today as well as on the Dow website.
On Slide 2, you will see our agenda for the call. Jim will begin by reviewing our first quarter and operating segment performance. Howard will share our outlook and modeling guidance as well as how Dow's competitive advantages are driving resilient earnings and cash flow while positioning the company for value growth. Jim will then provide an update on how our in-flight actions raise our underlying mid-cycle EBITDA above pre-pandemic levels while also advancing on our path to zero carbon emissions.
Following that, we will take your questions. Now let me turn the call over to Jim.
Jim Fitterling -- Chairman and Chief Executive Chairman
Thank you, Pankaj. Beginning on Slide 3, we entered our 125th year with global scale, a differentiated portfolio, unmatched feedstock and derivative flexibility and a track record of operational excellence, all of which enable us to continue to deliver more resilient earnings and cash flow in a variety of economic and geopolitical environments and positions us to deliver mid-cycle earnings above pre-pandemic levels. This is reflected in our first-quarter results. Team Dow delivered top and bottom-line growth, both year over year and sequentially.