NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET

Company Participants

Mike Morrison – Chief Financial Officer
Ryan Hummer – Chief Executive Officer

Conference Call Participants

Dave Storms – Stonegate
John Daniel – Daniel Energy Partners
Jeff Robertson – Water Tower Research

Operator

Good day and thank you for standing by. Welcome to the Third Quarter 2024 NCS Multistage Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers’ presentation, there will be a question-and-answer session. [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, Mike Morrison, Chief Financial Officer. Please go ahead.

Mike Morrison

Thank you, Dee Dee and thank you for joining the NCS Multistage third quarter 2024 conference call. Our call today will be led by our CEO, Ryan Hummer and I will also provide comments.

I want to remind listeners that some of today’s comments include forward-looking statements such as our financial guidance and expectations for future financial results and business operations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially from any expectation expressed on this call. 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, as well as the results of operations, included in our earnings release contain the following non-GAAP financial measures; adjusted EBITDA, adjusted EBITDA margin, adjusted gross profit, adjusted gross margin, free cash flow less distributions to non-controlling interest, and net working capital.

These non-GAAP measures and reconciliations to the most comparable GAAP financial measures are presented in our third quarter’s earnings release, which can be found

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