APi Group Corporation

Good morning, ladies and gentlemen, and welcome to API's Group's Third Quarter 2022 Financial Results Conference Call. All participants are now in a listen-only mode until the question and answer session. Please note this call is being recorded. I will be standing by should you need any assistance. I will now turn the call over to Olivia Walton, Vice President of Investor Relations at API Group. Please go ahead.

Thank you. Good morning, everyone, and thank you for joining our third quarter 2022 earnings conference call. Joining me on the call today are Russ Becker, our president and CEO, Kevin Crum, our executive vice president and chief financial officer, and Sir Martin Franklin and Jim Lilly, our board co-chairs. Before we begin, I would like to remind you that certain statements in the company's earnings press release announcement and on this call are forward-looking statements which are based on expectations, intentions, and projections regarding the company's future performance, anticipated events or trends, and other matters that are not historical facts. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In our press release filings and with the SEC, we detail material risks that may cause our future results to differ from our expectations. Our statements are as of today, November 3rd, and we have no obligation to update any forward-looking statement we may make. As a reminder, we have posted a presentation detailing our third quarter financial performance on the investor relations page of our website. Our comments today will also include non-GAAP financial measures and other key operating metrics. The reconciliation of and other information regarding these items can be found in our press release and on our presentation. It is now my pleasure to turn the call over to Martin.

Thank you, Olivia. API had an outstanding quarter in a tough macro environment. The company delivered strong organic revenue growth, adjusted EBITDA, adjusted earnings per share, and free cash flow. The financial results speak to the strength of API's recurring revenue, statutorily required services business model, and the team's focus on driving higher margin growth, as well as our ability to generate cash and run the business with a strong balance sheet. As we look at our long-term roadmap for sustainable shareholder value creation, we believe that through industry-leading margin-accretive organic revenue growth, leveraging our SG&A along with a critical focus on cash flow conversion to enable us to reduce our leverage profile and fund future acquisitions, API can realize outsized investor returns in the years ahead. We're very much looking forward to providing a more granular outline at our upcoming investor update on November 17th of the exciting opportunities we see in front of us to continue our organic growth and expand margins as we focus on our 2025 goals. I'm looking forward to seeing many of you there, but also encourage you to reach out to Olivia to register if you haven't already, as space is limited and the demand for the seats has been robust. With that, I'll hand over to Russ.