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Dexterra Group Inc.
8/7/2024
Good morning, ladies and gentlemen, and welcome to Dextera's second quarter 2024 results conference call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star, then 1 on your telephone keypad. If you need assistance during the conference call, you may signal an operator by pressing star and 0. I would now like to turn the conference over to Denise Ochano, CFO. Please go ahead.
Thank you, Aisha, and good morning. My name is Denise Ochano, Chief Financial Officer of Dextera Group, Inc. With me today on the call are Mark Becker, our CEO, and our Board Chair, Bill McFarland, who will provide some brief introductory comments. After a brief presentation, we will take questions, with the call ending by 9.15 Eastern Time. We will be commenting on our Q2 2024 results with the assumption that you have read the Q2 earnings release, MD&A, and financial statements. The slide presentation which supports today's comments is posted on our website, and we encourage participants to access the slides and follow along with our presentation. Before we begin, I would like to make some comments about forward-looking information. In yesterday's news release and on slide two of the presentation that we have posted to our website, you will find cautionary notes in that regard. I will not cover the content of the cautionary notes in any detail. However, we do claim their protection for any forward-looking information that we might disclose on this conference call today. I will now turn it over to Bill McFarland for his introductory comments.
Thank you, Denise. I'd like to start by thanking our management team and employees across Dextera. Q2 2024 was a strong quarter. as the company continues to deliver on its 2024 business plan, including strong execution and improved profitability. We now have a more simplified business and an opportunity to grow our earnings and capital light support services platform. Dextera has a very strong balance sheet and is well financed. This gives the company flexibility as we move forward to continue to pay dividends to be opportunistic on share buybacks once the modular sale closes given our undervalued share price, and to be opportunistic regarding niche accretive acquisitions. In conclusion, the Board is confident regarding many opportunities that lie ahead which will deliver strong shareholder returns. I will now pass it over to Mark Becker for his comments.
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