Olympic Steel, Inc. (ZEUS) Q3 2024 Earnings Report Transcript.

Olympic Steel, Inc. (NASDAQ:ZEUS) Third Quarter 2024 Conference Call, November 1, 2024, 10:00 a.m. ET.

Company members

Richard Manson – CFO
Richard Marabito – CEO
Andrew Greiff – President and Chief Operating Officer

Conference call participants

Dave Storms – Stonegate Capital Partners
Samuel McKinney – KeyBanc Capital Markets
Christopher Sakai – Singular Research

Operator

Good morning and welcome to the Olympic Steel 2024 third quarter financial results conference call. At this time, all participants are in “listen only” mode. The formal presentation will be followed by a question and answer session. (Operator Instructions) Please be reminded that this conference is being recorded.

I would now like to turn the conference call over to Rich Manson, Olympic Steel’s Chief Financial Officer. Please continue, sir.

A – Richard Manson

Thank you, operator. Welcome to Olympic Steel’s third quarter 2024 earnings call. Our conference call this morning will be led by our Chief Executive Officer, Rick Marabito; and we will also be joined by our President and Chief Operating Officer, Andrew Greiff.

Before we begin, I have a few reminders. Certain statements made on today’s call will be forward-looking and are intended to be forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and may not reflect actual results. The Company does not undertake to update such statements, changes in assumptions or changes in other factors affecting such forward-looking statements. Important assumptions, risks, uncertainties and other factors that could cause actual results to differ materially are set forth in the company’s reports on Forms 10-K and 10-Q and press releases filed with the Securities and Exchange Commission.

In today’s discussion, we may refer to adjusted net income per diluted share, EBITDA and adjusted EBITDA, which are all non-GAAP financial measures. Reconciliation of these non-GAAP measures to