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Exco Technologies Limited (EXCOF) CEO Darren Kirk On Q4 2021 Results - Earnings Call Transcript

Dec. 02, 2021 1:54 PM ETExco Technologies Limited (EXCOF), XTC:CA
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Exco Technologies Limited (OTCQX:EXCOF) Q4 2021 Earnings Conference Call December 2, 2021 10:00 AM ET

Company Participants

Darren Kirk – CEO

Matthew Posno – CFO

Conference Call Participants

David Ocampo – Cormark

Pete Sklar – BMO Capital


Thank you for standing by. Welcome to the Exco Technologies Limited Fourth Quarter Results 2021 Conference Call. At this time, all participants are in a listen-only mode. After the speakers ' presentation, there will be a question-and-answer session. [Operators Instructions] Please be advised that today's conference is being recorded. [Operators Instructions] I would now like to hand the conference over to your speaker today, Darren Kirk, CEO of Exco. Please, go ahead.

Darren Kirk

Thank you, Gigi (ph). Good morning, ladies and gentlemen. Welcome to Exco Technologies fiscal 2021 fourth quarter conference call. I am Darren Kirk, CEO of Exco. I will lead off with an operations overview. Matthew Posno, our CFO, will then review the financial results before we turn the call -- before we open the call for questions. Before I begin, I would like to make some comments about forward-looking information. In yesterday's news release and on page 2 of the presentation that we have posted to our website, you will find cautionary notes in that regard. While I won't repeat the contents, I want to emphasize that the cautionary notes apply to this discussion today. It was a challenging quarter but we performed well, producing $0.18 of earnings per share.

I must say our performance stands out against much weaker results shown by many other automotive suppliers in the current environment. It is a testament to what differentiates Exco, which I think is vastly underappreciated by the market. Our quarter capped off a year in which our results were also very decent despite severe macro-economic headwinds that saw microchip shortages and

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