APi Group Corporation (NYSE:APG) Q3 2023 Earnings Call November 2, 2023 8:30 AM ET

Company Participants

Adam Fee - Vice President of Investor Relations

Russell A. Becker - President and Chief Executive Officer

Kevin Krumm - Executive Vice President and Chief Financial Officer

Martin E. Franklin - Board Co-Chairs

James E. Lillie - Board Co-Chairs

Conference Call Participants

Andrew Wittmann - Baird

Kathryn Thompson - Thompson Research Group

Jon Tanwanteng - CJS Securities

Parth Patel - JP Morgan

Operator

Good morning, ladies and gentlemen, and welcome to APi Group's Third Quarter 2023 Financial Results Conference Call. All participants are now in a listen-only mode until the question-and-answer session. Please note this call is being recorded. [Operator Instructions]

I will now turn the call over to Adam Fee, Vice President of Investor Relations at APi Group. Please go ahead.

Adam Fee

Thank you. Good morning, everyone, and thank you for joining our third quarter 2023 earnings conference call.

Joining me on the call today are Russ Becker, our President and CEO; Kevin Krumm, our Executive Vice President and Chief Financial Officer; and Sir Martin Franklin and Jim Lillie, our Board Co-Chairs.

Before we begin, I would like to remind you that certain statements in the company's earnings press release announcement and on this call are forward-looking statements which are based on expectations, intentions and projections regarding the company’s future performance, anticipated events or trends and other matters that are not historical facts. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors that cause actual results to differ materially from those expressed or implied by such forward-looking statements.

In our press release and filings with the SEC, we detail material risks that may cause our future results to differ from our expectations. Our statements are as of today, November 2nd, and we undertake no obligation to update any forward-looking statements we may make, except as required by law.

As a reminder, we have posted a presentation detailing our third quarter financial performance on the Investor Relations page of our website. Our comments today will also include non-GAAP financial measures and other key operating metrics. The reconciliation of and other information regarding these items can be found in our press release and our presentation.

It is now my pleasure to turn the call over to, Jim.

James E. Lillie

Thanks, Adam. APi delivered another strong quarter of results including record third quarter net revenues, adjusted EBITDA and adjusted diluted earnings per share in an evolving macro and foreign exchange environment.