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Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q1 2020 Results - Earnings Call Transcript

May 03, 2020 9:24 AM ETRegal Rexnord Corporation (RRX)
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Altra Industrial Motion Corp. (AIMC) Q1 2020 Earnings Conference Call April 30, 2020 10:00 AM ET

Company Participants

David Calusdian - President, Sharon Merrill Associates, IR

Carl Christenson - Chairman & CEO

Christian Storch - Executive VP & CFO

Conference Call Participants

Jeff Hammond - KeyBanc Capital Markets Inc.

Mike Halloran - Robert W. Baird & Co. Incorporated

John Franzreb - Sidoti & Company, LLC

Scott Graham - Rosenblatt Securities


Ladies and gentlemen, thank you for standing by, and welcome to the Altra Industrial Motion Q1 2020 Earnings Call [Operator Instructions].

I'd now like to hand the conference over to your speaker today, David Calusdian from Sharon Merrill. You may begin, Sir.

David Calusdian

Thank you. Good morning, everyone, and welcome to the call. To help you follow management's discussion on this call, they will be referencing slides that are posted to the altramotion.com website under events & presentations in the Investor Relations section.

Please turn to Slide 3. During the call, management will be making forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently uncertain and investors must recognize that events could differ significantly from management's expectations.

Please refer to the risks, uncertainties and other factors described in the company's quarterly reports on Form 10-Q and annual report on Form 10-K, and in the company's other filings with the U.S. Securities and Exchange Commission. Except as required by applicable law, Altra Industrial Motion Corp. does not intend to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

On today's call, management will refer to non-GAAP diluted earnings per share, non-GAAP income from operations, non-GAAP net income, non-GAAP adjusted EBITDA, non-GAAP adjusted EBITDA margin, non-GAAP organic sales, non-GAAP gross margin, non-GAAP operating working capital, non-GAAP net debt and non-GAAP free cash flow. These

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