Standex International Corporation (SXI) CEO, David Dunbar on Q1 2021 Results - Earnings Call Transcript

Standex International Corporation (NYSE:SXI) Q1 2021 Earnings Conference Call October 30, 2020 8:30 AM ET

Company Participants

Gary Farber - Affinity Growth Advisors
David Dunbar - Chairman, President & Chief Executive Officer
Ademir Sarcevic - Chief Financial Officer & Treasurer

Conference Call Participants

Chris Moore - CJS Securities
Chris Howe - Barrington Research
Chris McGinnis - Sidoti & Company

Operator

Good day, and welcome to the Standex International Fiscal First Quarter 2021 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I'd now like to turn the conference over to Gary Farber with Affinity Growth Advisors. Please go ahead sir.

Gary Farber

Thank you, Rocco, and good morning. Please note that the presentation accompanying management's remarks can be found on the Investor Relations portion of the company's website at www.standex.com. Please refer to Standex's safe harbor statement on slide 2. Matters that Standex management will discuss on today's conference call include predictions, estimates, expectations and other forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially. You should refer to Standex's most recent SEC filings and public announcements for detailed list of risk factors.

In addition, I'd like to remind you that today's discussion will include references to the non-GAAP measures of EBITDA, which is earnings before interest, taxes, depreciation and amortization; adjusted EBITDA, which is EBITDA excluding restructuring purchase accounting, acquisition related expenses and one-time items; and EBITDA margin and adjusted EBITDA margin.

We will also refer to other non-GAAP measures including adjusted net income, adjusted income from operations, adjusted net income from continuing operations, adjusted earnings per share, adjusted operating margin, free operating cash flow and pro forma net debt-to-EBITDA.