Allient Inc. (NASDAQ:ALNT) Q4 2023 Earnings Conference Call March 6, 2024 10:00 AM ET

Company Participants

Craig Mychajluk - Investor Relations

Richard Warzala - Chairman, President and CEO

Michael Leach - Chief Financial Officer

Conference Call Participants

Danny Eggerich - Craig-Hallum Capital Group

Gerry Sweeney - ROTH Capital

Operator

Good day, and welcome to the Allient Inc. Corporated Fourth Quarter Fiscal Year 2023 Financial Results Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Craig Mychajluk of Investor Relations. Please go ahead, sir.

Craig Mychajluk

Good morning, everyone. Here on the call are Dick Warzala, our Chairman, President and CEO; [Audio Gap] Leach, our Chief Financial Officer. [Audio Gap] Mike are going to review our fourth quarter and full year 2023 results and provide an update on the company's strategic progress and outlook, [Audio Gap] we'll open up for Q&A. [Audio Gap] the financial results that were released yesterday after the market closed. If not, you can find it on our website at allient.com, along with the slides that accompany today's discussion.

[Audio Gap] slides, please turn to Slide 2 for the Safe Harbor statement. As you are aware, we may make forward-looking statements on this call during the formal discussion as well as during the Q&A. [Audio Gap] apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ materially than what is stated on today's call. [Audio Gap] uncertainties and other factors are discussed in the earnings release as well as other documents filed by the company [Audio Gap] Securities and Exchange Commission. [Audio Gap] documents on our website [Audio Gap].gov.

[Audio Gap] as well that during today's call, we will discuss some non-GAAP measures, which we believe will be useful in evaluating our performance. [Audio Gap] consider the presentation of this additional information in isolation [Audio Gap] a substitute for results prepared in accordance with GAAP. We have provided reconciliations of non-GAAP to [Audio Gap] GAAP measures [Audio Gap] tables accompanying the earnings release and slides.

Please turn to slide three, and I'll turn it over to Dick to begin. Dick?

Richard Warzala

Thank you, Craig, and welcome everyone. With a backdrop of macro uncertainty and other challenges, the Allient team once again delivered on a number of successes during the past year. This included the kick-off of our next stage of growth with a refined strategy that brought on a new corporate name and ticker and included the publishing of our inaugural sustainability report, which highlights our vision for an approach to corporate sustainability.