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Malibu Boats, Inc.
5/3/2023
Good morning and welcome to Malibu Booth's conference call to discuss third quarter fiscal year 2023 results. At this time, all participants are in a listen-only mode. Should you need assistance, please signal the conference operator by pressing the star key followed by zero. Later, we will conduct a question and answer session and instructions will follow at that time. Please be advised that reproduction of this call in whole or in part is not permitted without written authorization of Malibu Boats. And as a reminder, today's call is being recorded. On this call today from management are Mr. Jack Springer, Chief Executive Officer, and Mr. David Black, Interim Chief Financial Officer, and Mr. Richie Anderson, Chief Operating Officer, and Mr. Wayne Wilson, Advisor. I will now turn the call over to Mr. Wilson to get it started. Please go ahead, sir.
Good morning, everyone. Before I turn the call over to David, I'd like to take a moment and thank the entire Malibu team for their commitment, dedication over my nearly 14-year tenure. It's been an honor to work alongside each and every one of you during our incredible transformation. We've accomplished a tremendous amount, and I leave proud of what we have accomplished. More importantly, I look forward to watching the continued success of Malibu and leave knowing that our talented team remains incredibly well positioned to expand our leadership as the premier recreational boat manufacturer. I will now hand it over to the capable hands of our new interim CFO, David Black.
Thank you, Wayne, and good morning, everyone. On the call, Jack will provide commentary on the business. and I will discuss our fiscal third quarter 2023 financials. We will then open the call up for questions. A press release covering the company's fiscal third quarter 2023 results was issued today, and a copy of that press release can be found on the investor relations section of the company's website. I also want to remind everyone that management's remarks on this call may contain certain forward-looking statements, including predictions, expectations, estimates, or other information that might be considered forward-looking and their actual results could differ materially from those projected on today's call. You should not place undue reliance on these forward-looking statements, which speak only as of today, and the company undertakes no obligation to update them for any new information or future events. Factors that might affect future results are discussed in our filings with the SEC and and we encourage you to review our SEC filings for a more detailed description of these risk factors. Please also note that we will be referring to certain non-GAAP financial measures on today's call, such as adjusted EBITDA, adjusted EBITDA margin, adjusted fully distributed net income, and adjusted fully distributed net income per share. Reconciliations of these non-GAAP financial measures to GAAP financial measures are included in our earnings release. I will now turn the call over to Jack.
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