Gulf Island Fabrication, Inc. (GIFI) Q2 2023 Earnings Call Transcript

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Q2 2023 Earnings Call Transcript August 8, 2023 5:00 PM ET

Company Participants

Cindi Cook – Executive Assistant

Richard Heo – President and CEO

Wes Stockton – EVP and CFO

Conference Call Participants

Jeff Geygan – Global Value Investment Corp


Good afternoon, ladies and gentlemen, and welcome to Gulf Island’s conference call to discuss second quarter 2023 results. All participants will be in a 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 second quarter 2023 teleconference. Our results were released this afternoon and a copy of the press release is available on our website at 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 actual 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 US 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 President and CFO. Mr. Heo?

Richard Heo

Thanks Cindy, and good afternoon, everyone, and welcome to our second quarter

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