Marine Merchandise Company (NYSE:MPX) Q1 2025 Earnings Convention Name April 24, 2025 8:00 AM ET
Firm Members
Ben Palmer – President and Chief Government Officer
Mike Schmit – Chief Monetary Officer
Convention Name Members
Operator
Good morning, and thanks for becoming a member of us for the Marine Merchandise Company’s First Quarter 2025 Earnings Convention Name. At the moment’s name will probably be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Monetary Officer. At the moment, all members are in a listen-only mode. Following the presentation, we’ll conduct a question-and-answer session. Directions will probably be offered at the moment so that you can queue up for questions. I wish to advise everybody that this convention name is being recorded.
I’ll now flip the decision over to Mr. Schmit.
Mike Schmit
Thanks, and good morning. Earlier than we start, I need to remind you that among the statements that will probably be made on this name might be forward-looking in nature and mirror quite a lot of identified and unknown dangers. Please discuss with our press launch issued immediately, together with our 2025 or, sorry, our 2024 10-Okay and different public filings that define these dangers, all of which might be discovered at www.marineproductscorp.com.
In immediately’s earnings launch and convention name, we’ll be referring to a number of non-GAAP measures of working efficiency and liquidity. We consider these non-GAAP measures enable us to match efficiency constantly over varied durations. Our press launch issued immediately and our web site comprise reconciliations of those non-GAAP measures to essentially the most immediately comparable GAAP measures.
I’ll now flip the decision over to our President and CEO, Ben Palmer.
Ben Palmer
Thanks, Mike, and thanks all for becoming a member of our name. First quarter outcomes have been down in comparison with prior 12 months. Nevertheless, our developments are starting to stabilize following important high line declines final 12 months.
