Myers Industries, Inc. (NYSE:MYE) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET
Company Participants
Monica Vinay - Interim Chief Financial Officer and Vice President, Investor Relations and Treasurer
Mike McGaugh - President and Chief Executive Officer
Conference Call Participants
Lance Vitanza - Cowen
Steve Barger - KeyBanc
Operator
Good morning and a warm welcome to the Myers Industries Third Quarter 2022 Earnings Conference Call. My name is Candice and I will be your moderator for today’s call. [Operator Instructions] I would now like to pass the conference over to our host, Monica Vinay. Please go ahead.
Monica Vinay
Thank you, Candice. Good morning and thank you for joining us. I am Monica Vinay, Interim Chief Financial Officer and Vice President of Investor Relations and Treasurer at Myers Industries. Joining me today is Mike McGaugh, our President and Chief Executive Officer.
Earlier this morning, we issued a press release outlining the financial results for the third quarter of 2022. We have also posted a PowerPoint presentation to accompany today’s prepared remarks. If you’ve not yet received a copy of either the release or the presentation, you can access them on our website at www.myersindustries.com, they are under the Investor Relations tab. This call is also being webcasted on our website and will be archived along with the transcript of the call shortly after this event.
Please turn to Slide 2 of the presentation for our Safe-Harbor disclosures. I would like to remind you that we may make some forward-looking statements during this call. These comments are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management’s current expectations and involve risks, uncertainties and other factors which may cause results to differ materially from those expressed or implied in these statements.
Also please be advised that certain non-GAAP financial measures such as adjusted gross profit, adjusted operating income, adjusted EBITDA and adjusted EPS may be discussed on this call. Further information concerning these risks, uncertainties and other factors is set forth in the company’s periodic SEC filings and may be found in the company’s 10-K and 10-Q filings.
Now, please turn to Slide 3 of our presentation, I’m pleased to turn the call over to Mike McGaugh.
Mike McGaugh
Thank you, Monica. Good morning, everyone and welcome to our third quarter 2022 earnings call. I’m excited to report a third consecutive quarter of record top and bottom line results. These results were driven by strong revenue growth, continued year-over-year margin expansion and consistent progress against our 3 Horizon strategy. We saw healthy momentum across the majority of our businesses, we continue to execute and deliver on our self-help initiatives and we continue to realize the benefit from pricing actions taken by our commercial teams over the past 2 years.