Enviri Corporation (NYSE:NVRI) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET

Company Participants

David Martin - Vice President of Investor Relations
Nick Grasberger - Chairman & Chief Executive Officer
Tom Vadaketh - Senior Vice President & Chief Financial Officer

Conference Call Participants

Rob Brown - Lake Street Capital Markets
Larry Solow - CJS Securities
Brian Butler - Stifel
Davis Baynton - BMO Capital Markets

Operator

Good morning. My name is Jason and I will be your conference facilitator. At this time, I would like to welcome everyone to the Enviri Corporation First Quarter 2024 Release Conference Call. [Operator Instructions]

Also, this telephone conference presentation and accompanying webcast made on behalf of Enviri Corporation are subject to copyright by Enviri Corporation and all rights are reserved. No recordings or redistributions of this telephone conference by any other party are permitted without the expressed written consent of Enviri Corporation. Your participation indicates your agreement.

I would now like to introduce Dave Martin of Enviri Corporation. Mr. Martin, you may begin your call.

David Martin

Thank you, Jason and welcome to everyone joining us this morning. With me today is Nick Grasberger, our Chairman and Chief Executive Officer; and Tom Vadaketh, our Senior Vice President and Chief Financial Officer. This morning, we will discuss our results for the first quarter and our outlook for the remainder of the year. We'll then take your questions.

Before our presentation, let me mention a few items. First, our earnings release and slide presentation for this call are available on our website. Second, we will make statements today that are considered forward-looking within the meaning of the federal securities laws. These statements are based on our current knowledge and expectations and are subject to certain risks and uncertainties that may cause actual results to differ from these statements. For a discussion of such risks and uncertainties, see the Risk Factors section in our most recent 10-K. The company undertakes no obligation to revise or update any forward-looking statements.

Lastly, on the call, we will refer to adjusted financial results that are considered non-GAAP for SEC reporting purposes. A reconciliation to GAAP results is included in the earnings release as well as the slide presentation.

With that said, I'll turn the call to Nick.

Nick Grasberger

Thank you, Dave and good morning, everyone. Q1 was a strong start to 2024 as each of our three segments performed above our expectations in terms of both cash flow and adjusted EBITDA.