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Q2 2019 Synalloy Corp Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the Synalloy's Second Quarter Earnings Conference Call. (Operator Instructions)
I would now like to introduce your host for today's conference, Craig Bram, President and CEO. You may begin.
Good morning, everyone. Welcome to Synalloy Corporation's Second Quarter 2019 Conference Call. Dennis Loughran, our CFO, will provide a review of the Q2 financials and then I'll provide some comments on our business segments. We'll then open the call to questions. Dennis?
Hello, everyone. As usual, the financial results will be presented using 3 different methods: first, GAAP-based EPS; second, adjusted net income, a non-GAAP measure as defined in the earnings release; and third, adjusted EBITDA, a non-GAAP measure also defined in the earnings release.
Second quarter GAAP-based income was a net loss of $0.3 million or $0.03 per diluted share as
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