DMC Global Inc.

Good day, everyone, and welcome to the DMC Global Fourth Quarter Earnings Call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Jeff High, Vice President, Investor Relations. Sir, the floor is yours.

Hello, and welcome to DMC's Fourth Quarter Conference Call. Presenting today are co-CEOs David Aldis and Mike Kuda. I'd like to remind everyone that matters discussed during this call may include forward-looking statements that are based on our estimates, projections, and assumptions as of today's date and are subject to risks and uncertainties that are disclosed in our filings with the SEC. Our business is subject to certain risks that could cause actual results to differ materially from those anticipated in our forward-looking statements. DMC assumes no obligation to update forward-looking statements that become untrue because of subsequent events. A webcast replay of today's call will be available at dmcglobal.com after the call. In addition, the telephone replay will be available approximately two hours after the call. Details for listening to the replay are available in today's news release. And with that, I'll now turn the call over to David Aldis. David?

Thank you, Jeff, and thank you for joining us on today's call. For those of you who aren't familiar with my background, I've been a member of DMC's Board of Directors since 2013. and I've served as chairman of the board for the past five years. In the decade I've been affiliated with the company, DMC has never been stronger than it is today. Our strategy is sound, and our three asset-light manufacturing businesses are leaders in their respective markets, both in terms of market share and profitability. These leadership positions were built on the differentiated products and services offered by our businesses and the culture of innovation that permeates our organization. 2022 was a milestone year for DMC and included record consolidated sales, adjusted EBITDA that exceeds our forecast, and several strategic accomplishments at Arcadia, Dyna Energetics, and Noble Cloud. As we enter 2023, our primary objective is to improve returns for DMC stakeholders. We have sharpened our focus on operational excellence and are making strategic investment decisions that we believe will generate the strongest returns for the company. Our highest near-term priorities are to accelerate the integration of Arcadia and expand its manufacturing capability, strengthen the profitability of Dyna Energetics, ensure the commercial success of Noble Cloud's new products, and improve DMC's cash flow through targeted cost reductions and more effective capital, working capital management. On January 20th, we announced Eric Walter was joining DMC as our new chief financial officer. He is with us today and will officially assume the CFO role next Tuesday. Eric joined us from Jacobs, where he was CFO of the company's largest division. He spent the past month working closely with Mike and our finance team, and it's already clear that he's an excellent fit with DMC's people and culture. We are excited to have him as part of the team. I'll now turn the call over to Mike for a review of our operations and financial performance.