Alto Ingredients, Inc. (NASDAQ:ALTO) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET
Company Participants
Kirsten Chapman - LHA Investor Relations
Bryon McGregor - President and Chief Executive Officer
Rob Olander - Chief Financial Officer
Conference Call Participants
Eric Stine - Craig-Hallum Capital Group
Amit Dayal - H.C.W
David Bastian - Kingdom Capital Advisors
Operator
Good day, and welcome to the Alto Ingredients, Inc. First Quarter 2024 Financial Results Conference Call. All participants are in listen-only mode. [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 Kirsten Chapman of LHA Investor. Please go ahead.
Kirsten Chapman
Thank you, Kaley, and thank you all for joining us today for the Alto Ingredients’ first quarter 2024 results conference call.
On the call today are President and CEO, Bryon McGregor; and CFO, Rob Olander. Alto Ingredients issued a press release after market closed today, providing details of the company’s financial results. The company has also prepared a presentation for today’s call that is available on the company’s website at altoingredients.com.
A telephone replay of today’s call will be made available through May 13, the details of which are included in today’s press release. A webcast replay will also be available at Alto Ingredients’ website. Please note that the information on this call speaks only as of today, May 6. You are advised that any time-sensitive information may no longer be accurate at the time of any replay.
Please refer to the company’s Safe Harbor statement on Slide 2 of the presentation available online, which states that some of the comments in this presentation constitute forward-looking statements and considerations that involve risks and uncertainties. The actual future results of Alto Ingredients could differ materially from those statements.
Factors that could cause or contribute to such differences include, but are not limited to, events, risks and other factors previously and from time-to-time disclosed in Alto Ingredients filings with the SEC. Except as required by applicable law, the company assumes no obligation to update any forward-looking statements. In management’s prepared remarks, non-GAAP measures will be referenced. Management uses these non-GAAP measures to monitor the financial performance of operations and believes these measures will assist investors in assessing the company’s performance for the periods reported.
The company defines adjusted EBITDA as unaudited consolidated net income or loss before interest expense, interest income, provision for income taxes, asset impairments, loss on extinguishment of debt, unrealized derivatives, gains and losses, acquisitions related expense and depreciation and amortization expense. To support the company’s review of non-GAAP financial information, a reconciling table is included in today’s press release.