Marine Products Corp (NYSE:MPX)
$ 9.98 -0.15 (-1.48%) Market Cap: 346.44 Mil Enterprise Value: 292.90 Mil PE Ratio: 18.83 PB Ratio: 2.69 GF Score: 77/100

Q1 2022 Marine Products Corp Earnings Call Transcript

Apr 27, 2022 / 12:00PM GMT
Release Date Price: $13 (+1.96%)
Operator

Good morning, and thank you for joining us for Marine Products Corporation's First Quarter 2022 Financial Earnings Conference Call. Today's call will be hosted by Rick Hubbell, President and CEO; and Ben Palmer, Chief Financial Officer. Also to present is Jim Landers, Vice President of Corporate Services. (Operator Instructions) I would now like to advise everyone that this conference call is being recorded. Jim will get us started by reading the forward-looking disclaimer.

James C. Landers
Marine Products Corporation - VP of Corporate Finance

Thank you, operator, and good morning. Before we get started today, I'd like to remind everyone that some of the statements that we will make on this call may be forward-looking in nature and reflect a number of known and unknown risks. I'd like to refer you to our press release issued today, our 2021 10-K and our other SEC filings that outline these risks. All of these are available on our website at marineproductscorp.com.

Also, in today's earnings release and conference call, we refer to EBITDA, which is a

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