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L.B. Foster Company
3/6/2023
Good day, and thank you for standing by. Welcome to the Q4 2022 LB Foster Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Stephanie Listwalk,
You may now begin. Thank you, operator.
Good morning, everyone, and welcome to LB Foster's fourth quarter of 2022 earnings call. My name is Stephanie Listwalk, the company's investor relations manager. Our president and CEO, John Castle, and our chief financial officer, Bill Tolman, will be presenting our fourth quarter operating results, market outlook, and business developments this morning. We'll start the call with John providing his perspective on the company's recent portfolio changes and fourth quarter performance, including market development. Bill will then review the company's fourth quarter financial results. John will provide perspective on the company outlook and his closing comments. We will then open the session up for questions. Today's slide presentation, along with our earnings release and financial disclosures, were posted on our website this morning and can be accessed on our investor relations page at lbfoster.com. Our comments this morning will follow the slides in the earnings presentation. Some statements we are making are forward-looking and represent our current view of our markets and business today. These forward-looking statements reflect our opinions only as of the date of this presentation, and we undertake no obligation to revise or publicly release the results of any revision to these statements in light of new information, except as required by securities laws. For more detailed risks, uncertainties, and assumptions relating to our forward-looking statements, please see the disclosures in our earnings release and presentation. We will also discuss non-GAAP financial metrics and encourage you to read our disclosures and reconciliation tables provided within today's earnings release and within our accompanying earnings presentation carefully as you consider these metrics. Additionally, during the years ended December 31st, 2022 and 2021, the company completed three acquisition and two divestiture transactions in line with its strategic transformation plan. Where meaningful, some of today's comments adjust for the impact of these strategic portfolio changes to highlight performance from ongoing operations. So, with that, let me turn the call over to John.
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