Mirion Technologies, Inc.

Greetings, and welcome to the Merion Technologies Inc. Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star then zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Alex Gedde. Thank you. Mr. Gedde, you may begin.

Good afternoon, everyone, and thank you for joining Marion's third quarter 2022 earnings call. A reminder that comments made during this presentation will include forward-looking statements, and actual results may differ materially from those projected in the forward-looking statements. The factors that could cause actual results to differ are discussed in our annual report on Form 10-K and quarterly reports on Form 10-Q that we file from time to time with the SEC under the caption risk factors and in Miriam's other filings with the SEC. Quarterly references within today's discussion are related to the third quarter ended September 30th, 2022. The comments made during this call will also include certain financial measures that were not prepared in accordance with generally accepted accounting principles. Reconciliation of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the appendix of this presentation accompanying the call today. All earnings materials can be found on Merion's IR website at ir.merion.com. Joining me on the call today are Larry Kingsley, Chairman of the Board, Tom Logan, Chief Executive Officer, and Brian Shopfer, Chief Financial Officer. Now, I will turn it over to our Chairman of the Board, Larry Kingsley. Larry?

Thank you, Alex, and good afternoon, everyone. We're grateful for your continued support of Merion and look forward to providing some additional color around our third quarter results and updated outlook this afternoon. To get started, I'd like to applaud the team's continued ability to generate strong order growth during the quarter. Demand for Merion's product offerings remains robust, evidenced by the strong order performance in both operating segments. This performance, paired with a strong backlog and continued strategic investment in our inventory position, has given us confidence in our ability to deliver a good fourth quarter and a good start to 2023. Similar to what we've seen throughout the year, third quarter presented a challenging operating environment, especially in our industrial business. Supply chain challenges were present throughout the quarter, and there's no sign that these challenges will cease in the short term. However, the team has worked systematically to find creative and sustainable solutions, and we stand confident in our position to serve the strong demand. As presented in our release, we've updated our outlook for fiscal 2022 to reflect the state of the macro environment and the underperformance of our industrial segment in Q3. The team is hyper-focused on operational execution, though while delivering on our longer-term strategic priorities. With that, I'll turn the call over to Marion's CEO, Tom Logan.