Installed Building Products, Inc. (NYSE:IBP) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET
Company Participants
Darren Hicks - Managing Director of Investor Relations
Jeffrey Edwards - Chairman and CEO
Michael Miller - CFO
Jason Niswonger - Chief Administrative and Sustainability Officer
Conference Call Participants
Stephen Kim - Evercore
Michael Rehaut - JPMorgan
Susan Maklari - Goldman Sachs
Mike Dahl - RBC Capital Markets
Adam Baumgarten - Zelman and Associates
Jeffrey Stevenson - Loop Capital
Dan Oppenheim - Credit Suisse
Operator
Greetings. Welcome to Installed Building Products Fiscal 2022 Fourth Quarter Financial Results Conference Call. [Operator Instructions] Please note, this conference is being recorded.
I'll now turn the conference over to Darren Hicks, Managing Director of Investor Relations. Thank you. You may begin.
Darren Hicks
Good morning, and welcome to Installed Building Products fourth quarter 2022 conference call. Earlier today, we issued a press release on the financial results for the fourth quarter, which can be found in the Investor Relations section of our website.
On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements include statements about future expectations, anticipation, beliefs, estimates, forecasts, plans and prospects. These forward-looking statements are based on management's current expectations and involve risks and uncertainties.
Any forward-looking statements made by management during this call is not a guarantee of future performance and actual results may differ materially as a result of various factors, including, without limitation, the potential adverse impact of the ongoing COVID-19 pandemic, general economic and industry conditions, rising home prices, inflation and interest rates, the material price and supply environment, the timing of increases in our selling prices and the factors discussed in the Risk Factors section of the company's annual report on Form 10-K as may be updated from time to time in our SEC filings. Any forward-looking statement speaks only as of the date hereof. The company undertakes no duty or obligation to update any forward-looking statements as a result of new information or future events, except as required by federal securities laws.
In addition, management uses certain non-GAAP performance measures on this call, such as adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted net income per diluted share, adjusted gross profit, adjusted gross profit margin and adjusted selling and administrative expense. You can find a reconciliation of such measures to their nearest GAAP equivalent in the company's earnings release and additional reconciliation for adjusted EBITDA for earlier fiscal years in our investor presentation, which are available on our website.