Sterling Infrastructure, Inc. (NASDAQ:STRL) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET
Company Participants
Joe Cutillo - CEO
Ron Ballschmiede - CFO
Conference Call Participants
Brent Thielman - D.A. Davidson
Alex Dwyer - KeyBanc Capital Markets
Brian Russo - Sidoti
Operator
Greetings. Welcome to Sterling Infrastructure's 2022 Fourth Quarter and Year-End Earnings Conference Call and Webcast. As a reminder, this conference is being recorded. And all participants are in a listen-only mode. There are accompanying slides on the Investor Relations section of the company's website.
Before turning this call over to Joe Cutillo, Sterling's Chief Executive Officer, I will read the safe harbor statement. Some discussions made today may include forward-looking statements. Actual results could differ materially from these statements made today. Please refer to Sterling's most recent 10-K, 10-Q filings for a more complete description of risk factors that could affect these projections and assumptions. The company assumes no obligation to update forward-looking statements as a result of new information, future events or otherwise.
Please note that management may reference EBITDA, adjusted EBITDA, adjusted net income, adjusted earnings per share on this call, which are all financial measures not recognized under U.S. GAAP. As required by the SEC rules, regulations, these non-GAAP financial measures are reconciled to their most comparable GAAP financial measures in our earnings release issued yesterday afternoon.
I will now turn the call over to Mr. Joe Cutillo. Thank you, sir. Please go ahead.
Joe Cutillo
Thanks, Sherry. Good morning, everyone, and thank you for joining Sterling's fourth quarter and full year 2022 earnings call. It's hard to believe this is my sixth year-end earnings call as CEO of Sterling. It's always fun to reflect back on all the accomplishments and see the transformed company that is stronger than ever. These accomplishments are a tribute to our people, our culture and our strategy.
Without the best people in the industry, delivering the Sterling way, none of this would have been possible. The only thing that excites me more are the opportunities we have ahead of us. But before we discuss that, I'd like to talk about the results and the accomplishments of the fourth quarter and the full year. In addition, I'll talk about our current markets and our 2023 outlook. Unless otherwise stated, all numbers discussed today will be for continued operations.
In 2022, we continue to be one of the safest work environments in our industry. We won two National Safety Awards and our largest transportation business went the entire year without a recordable or lost-time incident. Our employees' commitment to keep each other safe, along with the continuous training that takes place is really paying off.