Ritchie Bros. Auctioneers' (RBA) CEO Ann Fandozzi on Q1 2022 Results - Earnings Call Transcript

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Q1: 2022-05-09 Earnings Summary

EPS of $0.46 beats by $0.19
 | Revenue of $393.92M (18.79% Y/Y) beats by $49.77M

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET

Company Participants

Sameer Rathod - VP, IR & Market Intelligence
Ann Fandozzi - CEO
Sharon Driscoll - CFO
Matt Ackley - CMO
Kari Taylor - CRO
Jim Kessler - President & COO

Conference Call Participants

Gary Prestopino - Barrington Research
Kevin Condon - Baird
Michael Doumet - Scotiabank
Sabahat Khan - RBC

Operator

Good morning. My name is Chris, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Ritchie Bros. Auctioneers First Quarter Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions].

Thank you. I will now turn the call over to Mr. Sameer Rathod, Vice President of Investor Relations and Market Intelligence to open the conference call. Mr. Rathod, you may begin your conference.

Sameer Rathod

Hello, and good morning, and thank you for joining us on today's call to discuss our first quarter 2022 results. Joining me today are Ann Fandozzi, our Chief Executive Officer; and Sharon Driscoll, our Chief Financial Officer.

The following discussions will include forward-looking statements. Comments that are not a statement of fact, including projections of future performance are considered forward-looking and involve risks and uncertainties. The risks and uncertainties that could cause our actual and operating results to differ significantly from our forward-looking statements are detailed in our SEC and Canadian Securities filings available on our Investor Relations website at investor.ritchiebros.com, as well as EDGAR and SEDAR.

For the identification of discussion of non-GAAP financial measures, the most directly comparable GAAP financial measures and a reconciliation between the two see our presentation slides, earnings release and Form 10-K all available on our website.

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