11/30/2022

speaker
Conference Operator

to the Titan Machinery's third quarter fiscal 2023 earnings call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Jeff Sonick of ICR. Thank you. Please go ahead.

speaker
Jeff Sonick
Investor Relations, ICR

Thank you. good morning ladies and gentlemen and welcome to the titan machinery third quarter fiscal 2023 earnings conference call on the call today from the company are david meyer chairman and chief executive officer mark calvota chief financial officer and brian knutson president and chief operating officer bo larson will be officially transitioning into the cfo seat tomorrow is also on the call with us today by now everyone should have access to the earnings release for the fiscal third quarter ended october 31 2022 which went out this morning at approximately 6.45 a.m. Eastern Time. If you've not received the release, it's available on the investor relations page of Titan's website at ir.titanmachinery.com. This call is being webcast, and a replay will be available on the company's website as well. In addition, we're providing a presentation to accompany today's prepared remarks. You may have access to the presentation now by going to Titan's website, again, at irtitanmachinery.com. The presentation is available directly below the webcast information in the middle of the page. You'll see on slide two of the presentation our safe harbor statement. We would like to remind everyone that the prepared remarks contain forward-looking statements and management may make additional forward-looking statements in response to your questions. These statements do not guarantee future performance and therefore undue reliance should not be placed upon them. These forward-looking statements are based on current expectations of management and involve inherent risks and uncertainties, including those identified in the risk factors section of Titan's most recently filed annual report on Form 10-K and updated and subsequently filed quarterly reports on Form 10-Q. These risk factors contain a more detailed discussion of the factors that could cause actual results to differ materially from those projected in any forward-looking statements. Except as may be required by applicable law, Titan assumes no obligation to update any forward-looking statements that may be made in today's release or call. Please note that during today's call, we'll discuss non-GAAP financial measures, including results on an adjusted basis. We believe these adjusted financial measures can facilitate a more complete analysis and greater transparency into Titan's ongoing financial performance, particularly when comparing underlying results from period to period. We have included reconciliations of the non-GAAP financial measures to their most directly comparable GAAP measures in today's release. The call will last approximately 45 minutes. At the conclusion of our prepared remarks, we will open the call to take your questions. Now I'd like to introduce the company's chairman and CEO, Mr. David Meyer. David, please go ahead.

speaker
David Meyer
Chairman and Chief Executive Officer

Thank you, Jeff. Good morning, everyone. Welcome to our third quarter fiscal 2023 earnings conference call. On today's call, I will provide a summary of our results, and then Brian Knudson, our President and Chief Operating Officer, will give an overview of each of our business segments. Mark Kavoda, our departing CFO, will then review financial results for the third quarter of fiscal 2023 and provide an update to our full-year modeling assumptions. On that note, I'd like to take a moment and recognize Mark's contributions over his 15 years here at Titan Machinery. Mark has been a valued member of our executive team and was instrumental in establishing the sound financial position we enjoyed today. We appreciate all his help assisting Bo Larson with his transition to the CFO post, which will become effective tomorrow, December 1st. Bo brings substantial financial and technical leadership experience from his time with C&H Industrial, Raven, and Price Waterhouse Coopers, and we look forward to his future contributions. I'll turn the call over to Bo so he can introduce himself. Thank you, David.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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Investor presentation