Park-Ohio Holdings Corp. (PKOH) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.376 Good morning and welcome to the PARCC Ohio first quarter 2026 results 00:00:05.376 -- 00:00:10.321 conference call. At this time all participants are in a listen only mode. 00:00:10.321 -- 00:00:14.464 After the presentation the company will conduct a question and answer session. 00:00:14.464 -- 00:00:16.807 Today's conference is also being recorded. 00:00:16.807 -- 00:00:20.850 If you have any objections you may disconnect at this time. 00:00:20.850 -- 00:00:24.874 Before we get started I want to remind everyone that certain statements made on today's 00:00:24.874 -- 00:00:29.932 call may be forward-looking statements. as defined in the Private Securities Litigation 00:00:29.932 -- 00:00:32.897 Reform Act of 1995. These 00:00:32.897 -- 00:00:36.823 forward-looking statements are subject to risk and uncertainties that may cause actual 00:00:36.823 -- 00:00:40.428 results to differ materially from those projected. 00:00:40.428 -- 00:00:45.316 A list of the relevant risk and uncertainties may be found in the earnings press release, 00:00:45.316 -- 00:00:50.964 as well as the company's 2025 10-K, which was filed on March 5, 2026 00:00:50.964 -- 00:00:52.947 with the SEC. 00:00:52.947 -- 00:00:58.430 Additionally, the company may discuss adjusted EPS adjusted operating income, 00:00:58.430 -- 00:01:03.395 and EBITDA as defined. These metrics are not measures of performance under generally 00:01:03.395 -- 00:01:08.460 accepted accounting principles for a reconciliation of EPS, adjusted 00:01:08.460 -- 00:01:13.786 EPS, operating income to adjusted operating income, and net income 00:01:13.786 -- 00:01:19.431 attributable to Park Ohio common shareholders to EBITDA as defined. 00:01:19.431 -- 00:01:22.654 Please refer to the company's rec...