Weatherford International plc (WFRD) CEO Girish Saligram on Q4 2021 Results - Earnings Call Transcript

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Q4: 2022-02-16 Earnings Summary

EPS of -$2.30 misses by $1.57
 | Revenue of $965.00M (14.61% Y/Y) beats by $666.67K

Weatherford International plc (NASDAQ:WFRD) Q4 2021 Earnings Conference Call February 17, 2022 9:00 AM ET

Company Participants

Mohammed Topiwala - Director of Investor Relations
Girish Saligram - President & Chief Executive Officer
Keith Jennings - Executive Vice President & Chief Financial Officer

Conference Call Participants

Ian MacPherson - Piper Sandler
Doug Baker - Benchmark Research
Gregg Brody - Bank of America
Sean Mitchell - Daniel Energy

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Weatherford International Fourth Quarter and Full Year 2021 Earnings Call. All participants will be in with an only mode. [Operator Instructions]

I would now like to turn the conference over to Mohammed Topiwala, Director, Investor Relations and M&A. Sir, you may begin.

Mohammed Topiwala

Welcome, everyone, to the Weatherford International Fourth Quarter and Full Year 2021 Conference Call. I'm joined today by Girish Saligram, President and CEO; and Keith Jennings, Executive Vice President and CFO. We will start today with our prepared remarks, then open it up for questions. You may download a copy of the presentation slides that correspond with today's call from our website's Investor Relations section. I want to remind everyone that some of today's comments include forward-looking statements. These statements are subject to many risks and uncertainties that could cause our actual results to materially differ from any expectation expressed herein. Please refer to our latest Securities and Exchange Commission filings for risk factors and cautions regarding forward-looking statements. Our comments today also include non-GAAP financial measures. The underlying details and a reconciliation of GAAP to non-GAAP financial measures are included in our fourth quarter and full-year press release, which can be found on our website.

With that, I'd like to turn the call over to Girish.

Girish Saligram

Thanks, Mohammed, and thank you, all, for joining the call today. I am pleased

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