Neptune Insurance Holdings Inc. Class A (NP) Q3 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Brent and I will be your conference operator today. At this time, I would like to welcome everyone to the NENA Q3 2021 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question at that time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star one. I would now like to turn the call over to Mr. Kyle Anderson. Good morning, and thank you for joining us on NENA's Q3 2021 earnings call. With me today are Julie Chertel, Chief Executive Officer, and Paul DeSantis, Chief Financial Officer. Julie and Paul will discuss recent activities and results, as well as share thoughts on our strategies as we look ahead. We issued a press release covering financial results yesterday afternoon, and hopefully many of you have had a chance to review that information. As always, actual results could differ from forward-looking statements due to risks noted on our website and in our SEC filings. Following our prepared remarks, we'll open the call up for questions. In the third quarter, we continued our top-line growth momentum with net sales up 40% over last year. Adjusted earnings were $0.38 per share, excluding $0.19 of unusual costs. In Q3 2020, the adjusted earnings per share were $0.55 and excluded $0.09 of unusual costs. Details of these adjusting items, along with the reconciliation to GAAP amounts, can be found in our press release. With that, I'd like to turn things over to Julie. Thanks, Kyle. And good morning, everyone. Before we begin to discuss third quarter results, Let me start with employee safety. We continue to make solid prog...