NCS Multistage Holdings, Inc. (NCSM) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. Welcome to the NCS Multistage First Quarter 2026 Results Conference Call. All participants are at present in a listen-only mode. Following management's formal presentation, instructions will be given for the question and answer session. As a reminder, this conference is being recorded. I would now like to hand the call over to Corbin Woodhull of Hayden IR. Corbin, you can begin. Thank you, Lateef. I would like to welcome everyone to the conference call and thank NCS Multistage Management for hosting today's call. With us on the call today are Mr. Ryan Hummer, the CEO of NCS Multistage, and Mr. Mike Morrison, the CFO. I would like to remind listeners that some of today's comments include forward-looking statements such as our financial guidance and comments regarding our future expectations for financial results and business operations. These statements are subject to many risks and uncertainties that could cause our actual results to differ materially from any other expectations expressed herein. 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. EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted EBITDA less share-based compensation, adjusted gross profit, adjusted gross margin, free cash flow, free cash flow less distributions to non-controlling interests, and net working capital. These non-GAAP measures and reconciliations to our most comparable GAAP financial measures are provided in our first quarter earnings release, which can be found on our website at www.ncsmultis...