Kaiser Aluminum Corporation (NASDAQ:KALU) Q2 2022 Earnings Conference Call July 26, 2022 1:00 PM ET

Company Participants

Melinda Ellsworth - VP, IR & Corporate Communications

Keith Harvey - President & CEO

Neal West - EVP & CFO

Jennifer Huey - VP & CAO

Conference Call Participants

Emily Chieng - Goldman Sachs

Josh Sullivan - The Benchmark Company

Michael Glick - JP Morgan

Operator

Welcome to the Kaiser Aluminum Second Quarter 2022 Earnings Conference Call. My name is Darryl and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions].

I will now turn the call over to Melinda Ellsworth. Melinda, you may begin.

Melinda Ellsworth

Thank you. Good afternoon, everyone, and welcome to Kaiser Aluminum's second quarter and first half 2022 earnings conference call. If you have not seen a copy of our earnings release, please visit the Investor Relations page on our website at kaiseraluminum.com. We have also posted a PDF version of the slide presentation for this call.

Joining me on the call today are President and Chief Executive Officer, Keith Harvey; Executive Vice President and Chief Financial Officer, Neal West; and Vice President and Chief Accounting Officer, Jennifer Huey.

Before we begin, I'd like to refer you to the first three slides of our presentation and remind you that the statements made by management and the information contained in this presentation that constitute forward-looking statements are based on management's current expectations. For a summary of specific Risk Factors that could cause results to differ materially from those expressed in the forward-looking statements, please refer to the company's earnings release and reports filed with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the full-year ended December 31, 2021.

The company undertakes no duty to update any forward-looking statements to conform the statement to actual results or changes in the company's expectations.

In addition, we have included non-GAAP financial information in our discussion. Reconciliations to the most comparable GAAP financial measures are included in the earnings release and in the Appendix of the presentation. Reconciliations of certain forward-looking non-GAAP financial measures to comparable GAAP financial measures are not provided because certain items required for such reconciliations are outside of our control and/or cannot be reasonably predicted or provided without unreasonable effort.

Any references in our discussion today to EBITDA means adjusted EBITDA, which excludes non-run rate items for which we've provided reconciliations in the Appendix.