Quanex Building Products Corporation (NX) Q4 2022 Earnings Call Transcript

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Quanex Building Products Corporation (NYSE:NX) Q4 2022 Earnings Conference Call December 16, 2022 11:00 AM ET

Company Participants

George Wilson - President and Chief Executive Officer

Scott Zuehlke - Senior Vice President, Chief Financial Officer and Treasurer

Conference Call Participants

Daniel Moore - CJS Securities

Reuben Garner - The Benchmark Company

Julio Romero - Sidoti & Company

Christian Zyla - KeyBanc Capital Markets


Good day and thank you for standing by. Welcome to the Quanex Building Products Q4 and Fiscal Year 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operation instructions]

Please be advised that today's conference is being recorded. I would now hand the conference over to your speaker today, Scott Zuehlke, SVP, CFO, and Treasurer. Please go ahead.

Scott Zuehlke

Thanks for joining the call this morning. On the call with me today is George Wilson, our President and CEO. This conference call will contain forward-looking statements and some discussion of non-GAAP measures. Forward-looking statements and guidance discussed on this call and in our earnings release are based on current expectations.

Actual results or events may differ materially from such statements and guidance, and Quanex undertakes no obligation to update or revise any forward-looking statements to reflect new information or events. For a more detailed description of our forward-looking statement disclaimer and a reconciliation of non-GAAP measures to the most directly comparable GAAP measures, please see our earnings release issued yesterday and posted to our website. I'll now discuss our financial results on a consolidated basis, followed by comments on the results for each operating segment. On a consolidated basis, we reported net sales of $307.5 million during the fourth quarter of 2022, which represents growth of 5.4% compared to $298.1 million for the same period of 2021.

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