NCS Multistage Holdings, Inc. (NCSM) Q3 2022 Earnings Call Transcript

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET

Company Participants

Ryan Hummer - Chief Financial Officer
Robert Nipper - Founder and Chief Executive Officer
Mike Morrison - Incoming Chief Financial Officer

Conference Call Participants

John Daniel - Daniel Energy Partners

Operator

Good day and thank you for standing by. Welcome to the NCS Multistage Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Ryan Hummer, Chief Financial Officer. Please go ahead.

Ryan Hummer

Thank you Hope and thank you for joining the NCS Multistage third quarter 2022 conference call. I will lead the call today and Robert Nipper, our Founder and retiring CEO will also provide comments. We are also joined for the first time by Mike Morrison, who will soon take over for me as CFO.

I want to remind listeners that some of today’s comments include forward-looking statements such as comments regarding our future expectations for financial results and business operations. These statements, including our financial guidance, are subject to many risks and uncertainties that could cause our actual results to differ materially from any expectation expressed herein, including the impacts of the COVID-19 pandemic, inflation, central bank actions to combat inflation and Russia’s ongoing invasion of Ukraine on the global economy, oil demand and our company.

Please refer to our most recent annual report on Form 10-K and our latest SEC filings for risk factors and cautions regarding forward-looking statements. Our comments today also include non-GAAP financial measures, including adjusted EBITDA, free cash flow and net working capital. The underlying details and reconciliations of non-GAAP to the most comparable GAAP financial measures are included in our third quarter earnings release, which can be