Eagle Bulk Shipping Inc. (EGLE) Q4 2019 Results Conference Call March 5, 2020 8:00 AM ET
Company Participants
Gary Vogel - CEO
Frank De Costanzo - CFO
Conference Call Participants
Jon Chappell - Evercore ISI
Randy Giveans - Jefferies
Chris Snyder - Deutsche Bank
Operator
Greetings and welcome to the Eagle Bulk Shipping Fourth Quarter 2019 Results Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
I would now like to turn the call over to Gary Vogel, Chief Executive Officer; and Frank De Costanzo, Chief Financial Officer of Eagle Bulk Shipping. Mr. Vogel, you may begin.
Gary Vogel
Thank you, and good morning. I’d like to welcome everyone to Eagle Bulk’s fourth quarter 2019 earnings call.
To supplement our remarks today, I would encourage participants to access the slide presentation that is available on our website at eagleships.com. Please note that part of our discussion today will include forward-looking statements. These statements are not guarantees of future performance and are inherently subject to risks and uncertainties. You should not place undue reliance on these forward-looking statements. Please refer to our filings with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties that may have a direct bearing on our operating results, our performance and our financial condition.
Our discussion today also includes certain non-GAAP financial measures, including EBITDA, adjusted EBITDA and TCE. Please refer to the appendix in the presentation and our earnings release filed with the Securities and Exchange Commission for more information concerning non-GAAP financial measures and a reconciliation to the most comparable GAAP financial measures. Also note that the Baltic Supramax Index or BSI that we will reference in this presentation is basis to BSI-58 Index.
Please now turn to slide 5. The fourth quarter was a
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