Enerpac Tool Group Corp. (NYSE:EPAC) Q1 2023 Earnings Conference Call November 21, 2022 11:00 AM ET

Company Participants

Bobbi Belstner - Senior Director, IR and Strategy

Paul Sternlieb - President and CEO

Anthony Colucci - EVP and CFO

Conference Call Participants

Operator

Ladies and gentlemen, thank you for standing by. Welcome to Enerpac Tool Group's First Quarter Earnings Conference Call. As a reminder, this conference is being recorded, December 21, 2022.

It is now my pleasure to turn the conference over to Bobbi Belstner, Senior Director of Investor Relations and Strategy. Please go ahead Ms. Belstner.

Bobbi Belstner

Thank you, operator. Good morning and thank you for joining us for Enerpac Tool Group's first quarter fiscal '23 earnings conference call. On the call today to present the company's results are Paul Sternlieb, President and Chief Executive Officer; and Tony Colucci, Chief Financial Officer. Also with us is Barb Bolens, Chief Strategy Officer.

Our earnings release and slide presentation for today's call are available on our website at enerpactoolgroup.com in the Investors section. We are also recording this call and will archive it on our website.

During today's call, we will reference non-GAAP measures such as adjusted profit margins and adjusted earnings. You can find a reconciliation of GAAP to non-GAAP measures in the schedules to this morning's release. We also would like to remind you that we will be making statements in today's call and presentation that are not historical facts and are considered forward-looking statements. We are making those statements pursuant to the Safe Harbor provisions of federal securities laws. Please see our SEC filings for the risks and other factors that may cause actual results to differ materially from forecasts, anticipated results or other forward-looking statements.

Now I will turn the call over to Paul.

Paul Sternlieb

Thanks, Bobbi and good morning, everyone. Thank you for joining our Q1 earnings call. I am pleased to discuss our fiscal 2023 first quarter results with you this morning. But before we jump into the quarterly results and strategy update, I want to spend a few moments recapping our recent Investor Day that we held in November in New York City.

The theme of our Investor Day was raising the bar and the event was a great opportunity to showcase our new management team, share our focused growth strategy, provide an update on our ASCEND transformation program, launch our new long term financial targets and interact with both investors and analysts. We thank all of you that joined us both in person and virtually. If you were not able to attend, we encourage you to watch the replay of the event that is available on our website under the Investors section.