4/23/2020

speaker
Grant
Conference Operator

Good morning and welcome to the CORE Laboratory Q1 2020 earnings conference call. All participants will be in 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, you may press star then one on your touchtone phone. To withdraw your question, please press star then two. Please note this event is being recorded I would now like to turn the conference over to David Dempshire, CEO and Chairman of the Board. Please go ahead.

speaker
David Dempshire
Chief Executive Officer and Chairman of the Board

Thank you, Grant. I'd like to say good morning in North America, good afternoon in Europe, and good evening in Asia Pacific. I'd like to welcome all of our shareholders, analysts, and most importantly, our employees to Core Laboratories' first quarter 2020 earnings conference call. This morning, I am joined by Chris Hill, Core CFO, Gwen Streffler, CORE's head of IR, and Larry Bruno, CORE's president and COO. The call will be divided into five segments. Gwen will start by making remarks regarding forward-looking statements. Then I'll return and we'll review CORE's three financial tenets which the company employs to build long-term shareholder value. Chris will then follow with a detailed financial overview and additional comments regarding building shareholder value. Gwen will also add comments. Then Larry will go over Core's two operating segments, detailing our progress, and discussing the continued successful introduction of new CoreLab technologies, and then highlighting some of Core's operations in major projects worldwide. Then we'll open the phones for a Q&A session. I'll turn it back to Gwen for remarks regarding forward-looking statements. Gwen?

speaker
Gwen Streffler
Head of Investor Relations

Before we start the conference call this morning, I'll mention that some of the statements that we make during this call may include projections, estimates, and other forward-looking information. This would include any discussion of the company's business outlook. These types of forward-looking statements are subject to a number of risks and uncertainties relating to the oil and gas industry, business conditions, international markets, international political climate, and other factors including those discussed in our 34 Act filings that may affect our outcome. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise. For a more detailed discussion of some of the foregoing risk and uncertainties, see Item 1A, Risk Factors, in our most recent annual report on Form 10-K, as well as other reports and registration statements filed by us with the SEC and the AFM. Our comments include non-GAAP financial measures. Reconciliation to the most directly comparable GAAP financial measures is included in the press release announcing our first quarter results. Those non-GAAP measures can also be found on our website. With that said, I'll pass the discussion back to Dave.

Disclaimer

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