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Sterling Construction Company's (STRL) CEO Joe Cutillo on Q1 2020 Results - Earnings Call Transcript

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Sterling Construction Company, Inc. (NASDAQ:STRL) Q1 2020 Earnings Conference Call May 5, 2020 9:00 AM ET

Company Participants

Joe Cutillo – Chief Executive Officer

Ron Ballschmiede – EVP & Chief Financial Officer

Conference Call Participants

Brent Thielman – D.A. Davidson

Sean Eastman – KeyBanc


Greetings, and welcome to the Sterling Construction Company First Quarter 2020 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded, and there are accompanying slides on the Investor Relations section of the company's website.

Before turning the call over to Joe Cutillo, Sterling Construction's Chief Executive Officer, I will read the safe harbor statement. Some discussions today may include forward-looking statements. Actual results could differ materially from the statements made today. Please refer to Sterling's most recent 10-K and 10-Q filings for a more complete description of risk factors that could affect these projections and assumptions. The company assumes no obligations to update forward-looking statements as a result of new information, future events or otherwise.

Please also note that management may reference EBITDA, adjusted EBITDA, adjusted net income and adjusted earnings per share on this call, which are financial measures not recognized under U.S. GAAP. As required by SEC rules and regulations, these non-GAAP financial measures are reconciled to their most comparable GAAP financial measure in our earnings release issued yesterday afternoon.

Now I'd like to turn the call over to Joe Cutillo. Please proceed, sir.

Joe Cutillo

Thanks, Jesse. Good morning, and thank you for joining Sterling's First Quarter 2020 Earnings Call. I hope all of you joining us today and your families are safe and making the most out of these difficult times.

I'd like to start off by thanking our

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