Ampco-Pittsburgh Corporation

Good morning, everyone, and welcome to the AMCO Pittsburgh Corporation second quarter 2024 earnings results conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, please press star and then one on a telephone keypad. To withdraw your questions, you may press star and two. Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Kim Knox, Corporate Secretary. Please go ahead.

Thank you, Jamie, and good morning to everyone joining us on today's second quarter 2024 conference call. Joining me today are Brett McBrayer, our Chief Executive Officer, and Mike McCauley, Senior Vice President, Chief Financial Officer, and Treasurer. Also joining us on the call today are Sam Lyon, President of Union Electric Steel Corporation, and Dave Anderson, President of Air and Liquid Systems Corporation. Before we begin, I would like to remind everyone that participants on this call may make statements or comments that are forward-looking and may include financial projections or other statements of the corporation's plans, objectives, expectations, or intentions. These matters involve certain risks and uncertainties, many of which are outside the corporation's control. The corporation's actual results may differ significantly from those projected or suggested in any forward-looking statements due to various risk factors, including those discussed in the corporation's most recently filed Form 10-K and in subsequent filings with the Securities and Exchange Commission. We do not undertake any obligation to update or otherwise release publicly any revision to our forward-looking statements. A replay of this call will be posted on our website. To access the earnings release or the webcast replay, please consult the investor section of our website at AmcoPGH.com. With that, I would like to now turn the call over to Brett McBrayer, Amco Pittsburgh CEO. Brett?

Thank you, Kim. Good morning, and thank you for joining our call. As mentioned in our 10-Q filed yesterday in our press release, we had strong sequential earnings improvement in the second quarter of 2024. Income from operations was $5 million for the second quarter compared to $1.4 million in adjusted income from operations for the second quarter of the prior year when excluding the one-time foreign energy credit. This three-and-a-half-fold improvement reflects a full quarter of utilizing all our new equipment in our Forge and Cast Engineer product segment, and record order intake for air and liquid systems. That income for the quarter was $2 million or 10 cents per diluted share. At this time, I'll turn the call over to Sam Lyon, president of our Forge and Cast Engineer product segment, to share more details about his group's performance in the quarter. Sam.