Enviva Inc. (NYSE:EVA) Q1 2022 Earnings Conference Call May 5, 2022 9:00 AM ET
Company Participants
Kate Walsh – Vice President of Investor Relations
John Keppler – Chairman and Chief Executive Officer
Shai Even – Executive Vice President and Chief Financial Officer
Conference Call Participants
Jordan Levy – Truist
John Mackay – Goldman Sachs
Elvira Scotto – RBC Capital Markets
Ryan Levine – Citi
Pavel Molchanov – Raymond James
Kevin Pollard – Pickering Energy Partners
Operator
Good morning and welcome to Enviva Incorporated First Quarter of 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. Please note that this event is being recorded.
I would now like to turn the conference over to Kate Walsh, Vice President of Investor Relations. Please go ahead.
Kate Walsh
Thank you. Good morning everyone and welcome to Enviva Inc’s first quarter of 2022 earnings conference call. We appreciate your interest in and support of Enviva and thank you for your participation today. On this morning’s call, we have John Keppler, Chairman and Chief Executive Officer; and Shai Even, Executive Vice President and Chief Financial Officer. Our agenda will be for John and Shai to discuss our financial results and provide an update on our current business outlook and operations. Then we will open up the call for questions.
During the course of our remarks and the subsequent Q&A session, we will be making forward-looking statements, which are subject to a variety of risks. Information concerning the risks and uncertainties that could cause our actual results to differ materially from those in our forward-looking statements can be found in our earnings release as well as in our other SEC filings. We assume no obligations to update any forward-looking statements to reflect new or changed events or circumstances.
In addition to presenting our financial results in accordance with GAAP, we will also be discussing adjusted EBITDA and certain non-GAAP financial measures pertaining to completed reporting periods as well as our forecast. Information concerning the reconciliations of these non-GAAP measures to their most directly comparable GAAP measures and other relevant disclosures is included in our earnings release.
It is important to note that as a result of the simplification transaction we announced on October 15, 2021, we were required to recast our historical financial results in accordance with GAAP to reflect that transaction. Today, we will discuss 2021 historical financial results on a recast basis or on non-recast basis depending on the reference point. Please refer to our earnings release and Form 10-Q document for more details on our recast and non-recast presentation.