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Gulf Island Fabrication, Inc. (GIFI) Q4 2022 Earnings Call Transcript

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Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Q4 2022 Earnings Conference Call March 28, 2023 5:00 PM ET

Company Participants

Cindi Cook – Investor Relations

Richard Heo – President and Chief Executive Officer

Wes Stockton – Executive Vice President and Chief Financial Officer

Conference Call Participants

Martin Malloy – Johnson Rice

Tom Spiro – Spiro Capital

Richard Greulich – REG Capital Advisors

David Wright – Henry Investment Trust


Good afternoon, ladies and gentlemen, and welcome to Gulf Island's Conference Call to discuss Fourth Quarter and Full Year 2022 Results. All participants will be in listen-only mode for the duration of the call. This call is being recorded.

At this time, I would like to turn the floor over to Ms. Cindi Cook for opening remarks and introductions. Cindi, please go ahead.

Cindi Cook

Thank you, and good afternoon. I would like to welcome everyone to our fourth quarter 2022 teleconference. Our results were released this afternoon, and a copy of the press release is available on our website at gulfisland.com. A replay of today's call will be available on our website after 7:00 p.m. this evening.

Please keep in mind that the press release and certain comments on this call include forward-looking statements, and results may differ materially. We would like to refer everyone to the cautionary language included in our press release and to the risk factors described in our most recent Form 10-K and subsequent SEC filings. Please also note that management may reference EBITDA, new project awards and backlog on this call, which are financial measures not recognized under U.S. GAAP. As required by SEC rules and regulations to the extent used, these non-GAAP financial measures are reconciled to their most comparable GAAP financial measures in our press release.

Today, we have Mr. Richard Heo, President and CEO; and Mr. Wes Stockton, Executive Vice

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