Granite Construction Incorporated (NYSE:GVA) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET

Company Participants

Mike Barker - Vice President, Investor Relations
Kyle Larkin - President and Chief Executive Officer
Lisa Curtis - Executive Vice President and Chief Financial Officer

Conference Call Participants

Brent Thielman - D.A. Davidson

Operator

Good morning. My name is Megan and I will be your conference facilitator today. At this time, I would like to welcome everyone to the Granite Construction Incorporated 2024 First Quarter Conference Call. This call is being recorded. All lines have been placed on mute to prevent any background noise. And after the speaker's remarks, there will be a question and answer period. [Operator Instructions]. Please note, we will take one question and one follow-up question from each participant today.

It is now my pleasure to turn the floor over to Vice President of Investor Relations, Mike Barker.

Mike Barker

Good morning, and thank you for joining us. I'm pleased to be here today with President and Chief Executive Officer, Kyle Larkin, and Executive Vice President and Chief Financial Officer, Lisa Curtis. Please note that today's earnings presentation will be available on the Events and Presentations page of our Investor Relations website.

We begin today with a brief discussion regarding forward-looking statements and non-GAAP measures. Some of the discussion today may include forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are estimates reflecting the current expectations and best judgment of senior management regarding future events, occurrences, opportunities, targets, growth, demand, strategic plans, circumstances, activities, performance, shareholder value, outcomes, outlook, guidance, objectives, committed and awarded projects, or CAP, and results. Actual results could differ materially from statements made today.

Please refer to Granite's most recent 10-K and 10-Q filings for a more complete description of risk factors that could affect these forward-looking statements. The company assumes no obligation to update forward-looking statements, except as required by law.

Certain non-GAAP measures may be discussed during today's call and from time to time by the company's executives. These include but are not limited to adjusted EBITDA, adjusted EBITDA margin, adjusted net income, and adjusted earnings per share. The required disclosures regarding our non-GAAP measures are included as part of our earnings press releases and the company presentations which are available on our website graniteconstruction.com under investor relations.

Now I would like to turn the call over to Kyle Larkin.