Fortress Transportation and Infrastructure Investors' (FTAI) CEO Joe Adams on Q2 2021 Results - Earnings Call Transcript

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Q2: 2021-07-28 Earnings Summary

EPS of -$0.42 misses by $0.19
 | Revenue of $96.92M (2.76% Y/Y) misses by $3.04M

Fortress Transportation and Infrastructure Investors LLC (NASDAQ:FTAI) Q2 2021 Earnings Conference Call July 29, 2021 8:00 AM ET

Company Participants

Alan Andreini – Investor Relations
Joe Adams – Chief Executive Officer
Scott Christopher – Chief Financial Officer

Conference Call Participants

Josh Sullivan – Benchmark
Guiliano Bologna – Compass Point
Chris Wetherbee – Citi
George Sellers – Stephens Inc
Rob Salmon – Wolfe Research
Frank Galanti – Stifel
Robert Dodd – Raymond James

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2021 Fortress Transportation and Infrastructure Investors LLC Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Alan Andreini.

Alan Andreini

Thank you, April. I would like to welcome you to the Fortress Transportation and Infrastructure second quarter 2021 earnings call. Joining me here today are Joe Adams, our Chief Executive Officer; and Scott Christopher, our Chief Financial Officer.

We have posted an investor presentation and our press release on our website, which we encourage you to download if you have not already done so. And please note that this call is open to the public in listen-only mode and is being webcast. In addition, we will be discussing some non-GAAP financial measures during the call today, including FAD. The reconciliations of those measures to the most directly comparable GAAP measures can be found in the earnings supplement.

Before I turn the call over to Joe, I would like to point out that certain statements made today will be forward-looking statements, regarding future earnings. These statements, by their nature, are uncertain and may differ materially from actual results. We encourage you

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