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MRC Global (MRC) Q3 2017 Results - Earnings Call Transcript

Nov. 03, 2017 3:27 PM ETMRC Global Inc. (MRC)
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MRC Global, Inc. (NYSE:MRC) Q3 2017 Earnings Call November 3, 2017 10:00 AM ET


Monica Schafer Broughton - MRC Global, Inc.

Andrew R. Lane - MRC Global, Inc.

James E. Braun - MRC Global, Inc.


Sean C. Meakim - JPMorgan Securities LLC

Matt Duncan - Stephens, Inc.

Vaibhav Vaishnav - Cowen & Co. LLC

Nathan Hardie Jones - Stifel, Nicolaus & Co., Inc.

Luke L. Junk - Robert W. Baird & Co., Inc.

Walter Scott Liptak - Seaport Global Securities LLC

Ryan Mills - KeyBanc Capital Markets, Inc.


Greetings and welcome to the MRC Global Third Quarter 2017 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. As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Monica Broughton, Investor Relations. Thank you. You may begin.

Monica Schafer Broughton - MRC Global, Inc.

Thank you and good morning, everyone. Welcome to the MRC Global third quarter 2017 earnings conference call webcast. We appreciate you joining us.

On the call today, we have Andrew Lane, President and CEO; and Jim Braun, Executive Vice President and CFO. There will be a replay of today's call available via webcast on our website, mrcglobal.com, as well as by phone until November 17, 2017. The dial-in information is in yesterday's release. We expect to file our third quarter Quarterly Reports on Form 10-Q later today, which will also be available on our website.

Please note that information reported on this call speaks only as of today, November 3, 2017, and therefore, you are advised that information may no longer be accurate as of the time of replay. In our remarks today, we will discuss adjusted gross profit, adjusted gross profit percentage, adjusted EBITDA and adjusted EBITDA margins. You are encouraged to

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