Unique Fabricating, Inc. (NYSE MKT:UFAB) Q3 2019 Earnings Conference Call - Final Transcript

Nov 07, 2019 • 09:00 am ET


Unique Fabricating, Inc. (NYSE MKT:UFAB) Q3 2019 Earnings Conference Call - Final Transcript


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Good day, ladies and gentlemen, and welcome to the Unique Fabricating Q3 2019 Earnings Conference Call. [Operator Instructions]

At this time, it is my pleasure to turn the floor over to Rob Fink of FNK, IR. Sir, the floor is yours.

Rob Fink

Thank you, operator. I'd like to welcome, everyone, to the Unique Fabricating Third Quarter 2019 Earnings Conference Call. Hosting the call today is Doug Cain, Unique Fabricating's new President and Chief Executive Officer.

Before I turn the call over to Doug, I'd like to remind everyone that matters discussed on this conference call will include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Forward-looking statements relate to future events or to future financial performance and involve known and unknown risks and uncertainties and other factors that may cause the company's actual results, levels of activities, performance or achievements to be materially different from any future results, levels of activities, performance or achievements expressed or implied by statements made on today's call. All such forward-looking statements are based on management's present expectation and are subject to certain risk factors, uncertainties that may cause actual results, outcome and performance to differ materially from those expressed by such statements.

These risks and uncertainties include, but are not limited to, those discussed in the company's annual report on Form 10-K for the period ended December 31, 2018, which has been filed with the SEC pursuant to Rule 424(b) and, in particular, the section titled Risk Factors. All statements on this call and including in this morning's press release are made as of today, and Unique Fabricating does not intend to update this information unless required by law.

In addition, certain non-GAAP financial measures will be discussed during this call. These non-GAAP measures are used by management to make strategic decisions, forecast future results and evaluate the company's current performance. Management believes that the presentation of these non-GAAP financial measures are useful to investors in understanding and assessing the company's ongoing core operations and prospects for the future. Unless it is otherwise stated, it should be assumed that any financials discussed in this call will be on a non-GAAP basis. Full reconciliations of non-GAAP to GAAP are included in the press release that was issued earlier this morning.

With all that said, I'd now like to turn the call over to Doug Cain. Doug, the call is yours.

Doug Cain

Thanks, Rob. This is my first earnings call after having joined Unique Fabricating as President and CEO on September 30. In these six weeks, I have confirmed my beliefs for during the hiring process that I am exactly where I meant to be. I have significant experience as CEO, CFO and COO, with a company similar in many ways to Unique Fabricating that became a much larger and very successful business. Combined with my background as a passionate leader driving cultural change and improved performance, my experiences have served and will continue to serve me