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DMC Global Inc.
8/8/2023
Good day, everyone, and welcome to today's DMC Global Second Quarter Earnings Call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing the star and 1 on your telephone keypad. You may withdraw yourself from the queue by pressing star and 2. Please note, this call may be recorded, and I will be standing by should you need any assistance. It is now my pleasure to turn the conference over to Jeff High.
Hello and welcome to DMC's second quarter conference call. Presenting today are DMC Chairman David Aldis, Chief Executive Officer Mike Kuda, and Chief Financial Officer Eric Walter. 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. Today's earnings release and a related presentation on the second quarter are available on our investors page at dmcglobal.com. A webcast replay of today's presentation will be available at our website shortly after the conclusion of this call. And with that, I'll now turn the call over to David Aldis. David?
Thank you, Jeff. Good afternoon, and thank you for joining us for today's call. I'd like to begin by congratulating Michael Kuda on his appointment as President and CEO of DMC. I've had the pleasure of working with Mike for nearly a decade while serving on DMC's board, and for the past seven months, we've jointly led DMC as co-CEOs. Mike is a strategic thinker and proven leader and he has a deep understanding of DMC and its businesses. He has also earned the respect and support of our employees, customers, and board. I'm confident he will thrive in his role as CEO and I look forward to supporting him as he leads DMC into its next chapter. Our CEO search process involved extensive interviews with several highly qualified candidates, and I want to thank each of them for their time they spent with us and their interest in DMC. Our board also has been actively interviewing candidates for an open director position, and we announced yesterday that Uma Sinanikon has been appointed to the DMC board. Uma has spent more than 30 years in C-suites and board-level roles and brings extensive experience developing and implementing corporate and financial strategy. and we look forward to her contributions. I want to thank my fellow directors for their time and thoughtful consideration of the candidates for both the CEO and director positions. With that, I'll turn the call over to Mike.
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