Main Street Capital Corporation (NYSE:MAIN) Q3 2019 Earnings Conference Call - Final Transcript
Nov 08, 2019 • 10:00 am ET
Greetings, and welcome to the Main Street Capital Corporation Third Quarter Earnings Conference Call. [Operator Instructions] A brief question-and-answer session will follow the formal presentation. [Operator Instructions]
It is now my pleasure to introduce your host, Zach Vaughan with Dennard Lascar, Investor Relations. Thank you, Mr. Vaughan, you may begin.
Thank you, operator and good morning everyone. Thank you for joining us for Main Street Capital Corporation's third quarter 2019 earnings conference call. Main Street issued a press release yesterday afternoon that details the company's third quarter financial and operating results. This document is available on the Investor Relations section of the company's website at mainstcapital.com.
A replay of today's call will be available beginning an hour after the completion of the call and will remain available until November 15. Information on how to access the replay was included in yesterday's release. We also advise that you -- we also advise you that this conference call is being broadcast live through the Internet and can be accessed on the company's home page.
Please note that information reported on this call speaks only as of today, November 8, 2019 and therefore you are advised that time sensitive information may no longer be accurate at the time of replay listening or transcript reading.
Today's call will contain forward-looking statements. Many of these forward-looking statements can be identified by the use of words such as anticipates, believes, expects, intends, will, should, may or similar expressions. These statements are based on management's estimates, assumptions and projections as of the date of this call, and there are no guarantees of future performance.
Actual results may differ materially from the results expressed or implied in these statements as a result of risks, uncertainties and other factors, including but not limited to, the factors set forth in the company's filings with the Securities and Exchange Commission, which can be found on the company's website or at sec.gov. Main Street assumes no obligation to update any of these statements, unless required by law.
During today's call management will discuss non-GAAP financial measures, including distributable net investment income. Please refer to yesterday's press release for a reconciliation of these measures to the most directly comparable GAAP financial measures. Certain information discussed on this call, including information related to portfolio companies was derived from third-party sources and has not been independently verified.
And now, I will turn the call over to Main Street's CEO, Dwayne Hyzak. Dwayne.
Dwayne L. Hyzak
Thanks, Zach. And thank you all for joining us today. Joining me for the call today with prepared comments are David Magdol, our President and Chief Investment Officer and Brent Smith, our CFO. Also joining us for the Q&A portion of the call are Vince Foster, our Executive Chairman and Nick Meserve, our Managing Director and Head of our Middle Market Investment Group.
On today's call, I will start by providing a recap of our overall performance in the third quarter, commenting on the performance of our investment portfolio, discussing our recent dividend announcements