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Aegion Corporation's (AEGN) CEO Chuck Gordon on Q4 2017 Results - Earnings Call Transcript

Mar. 01, 2018 1:46 PM ETAegion Corporation (AEGN)
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Aegion Corporation (NASDAQ:AEGN) Q4 2017 Results Earnings Conference Call March 1, 2018 9:30 AM ET


Katie Cason - IR

Chuck Gordon - President and CEO

David Morris - EVP, General Counsel and Interim -CFO


Aaron Spychalla - Craig-Hallum

Robert Burleson - Canaccord

Pete Lucas - CJS Securities

Bill Newby - D.A. Davidson

Missa Sangamino - Stifel


Good morning and welcome to Aegion Corporation's Fourth Quarter and Full Year 2017 Conference Call. [Operator Instructions] As a reminder, this event is being recorded.

It is my pleasure to turn the call over to your host, Katie Cason, Investor Relations. Katie, you may proceed.

Katie Cason

Good morning, and thank you for joining us today. On the line with me are Chuck Gordon, Aegion's President and Chief Executive Officer; and David Morris, Executive Vice President, General Counsel and Interim Chief Financial Officer.

We posted a presentation that will be referenced during the prepared remarks on Aegion's website at aegion.com/investors/webcast. You will find our Safe Harbor statement in the presentation and the press release issued yesterday evening. During this conference call and in the presentation materials, the company will make forward-looking statements, which are inherently subject to risk and uncertainties. The company does not assume the duty to update forward-looking statements.

I will now turn the call over to Chuck Gordon.

Chuck Gordon

Thank you, Katie, and good morning to everyone joining us on the call today. As you read in yesterday's press release, Aegion's full year 2017 adjusted diluted earnings per share came in at $1.03 modestly lower than the results achieved in 2016.

This is the outcome of the year marked by mixed results across the Aegion Company achieving records in certain parts of the business and taking decisive restructuring actions to correct other underperforming areas.

This morning, I will

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