Cematrix Corporation

I'm Grant Howard, and thank you to those who are attending today. I want to introduce CEO Jeff Kendrick and COO Randy Boomhour. And I'm going to apologize. We're having some technical issues with Jeff's camera, so he looks a little fuzzy. We'll get that resolved for the next webinar. But that's not something to worry about in this particular case. Jeff and Randy want to make some comments about the market action or the market reaction. This morning, we got hit rather hard, but it is starting to recover. And we've talked about this and I think it's important, but really the business hasn't changed from you know, yesterday. So with that, I'm going to turn it over to Jeff and Randy, and they're going to make some opening comments before they get into a discussion about the Q2 and the first half results.

Thanks, Rand, and welcome, everybody, to today's webcast. I'm going to, while I'm talking, I will start to share my screen, and hopefully everybody can see that all right. As Grant mentioned, of course, we recognize the fact that there was a large sell-off in the market this morning. It was kind of unpredicted by ourselves as a senior management team because the business hasn't changed from yesterday to today. The cellular concrete, its matrix and its cellular concrete business continues to grow, continues to achieve, and that's all we can do in the marketplace is to continue to do that. You can be assured that if we find that there's something that we've been doing that is wrong or that we can do better, we will do that in the marketplace. But in reality, I'm very confident in not only the current year, but the future years as we go forward. And in fact, the business continues to grow every day, as we have said in the past. I'll pass it on to Randy in case he has or introduce Randy first. Randy, of course, is our CEO, our former CFO. And so, Randy, if you have any comments that you want to add to that too as well, please go ahead.

Yeah, I think you summed it up, Jeff. I mean, we were obviously surprised by the market reaction because we believe we put up a good quarter and a good first half and still feel really good about the year and how it's going to shape up and feel even better about 2025. So for us, the underlying business is in a great spot. So we believe that whatever's happened in the marketplace will correct as we continue to put up good results. And I think we will chat about that here as we go further.