Park-Ohio Holdings Corp. (PKOH) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.938 Good morning, and welcome to the Park, Ohio, first quarter 2025 results conference call. 00:00:04.938 -- 00:00:07.922 At this time, all participants are in listen-only mode. 00:00:07.922 -- 00:00:11.707 After the presentation, the company will conduct a question-and-answer session. 00:00:11.707 -- 00:00:14.051 Today's conference is also being recorded. 00:00:14.051 -- 00:00:17.596 If you have any objections, you may disconnect at this time. 00:00:17.596 -- 00:00:20.860 Before we get started, I want to remind everyone that certain statements made on today's 00:00:20.860 -- 00:00:24.686 call may be forward-looking statements as defined in the Private Securities Litigation 00:00:24.686 -- 00:00:27.429 Reform Act of 1995. These 00:00:27.429 -- 00:00:31.226 forward-looking statements are subject to risks and uncertainties that may cause actual 00:00:31.226 -- 00:00:34.191 results to differ materially from those rejected. 00:00:34.191 -- 00:00:38.176 A list of relevant risks and uncertainties may be found in the earnings press release, 00:00:38.176 -- 00:00:43.905 as well as in the company's 2024 10-K, which was filed on March 6, 2025, with 00:00:43.905 -- 00:00:46.085 the SEC. 00:00:46.188 -- 00:00:51.275 Additionally, the company may discuss adjusted EPS, adjusted operating income, and EBITDA 00:00:51.275 -- 00:00:56.603 as defined on a continuing operations or consolidated basis. 00:00:56.603 -- 00:01:00.832 These metrics are not measures of performance under generally accepted accounting principles. 00:01:00.832 -- 00:01:06.059 For reconciliation of EPS to adjusted EPS, operating income to adjusted operating 00:01:06.059 -- 00:01:11.606 income, and net income attributable to Park Ohio common shareholders to EBITDA, as defined, 00:01:...