Gulf Island Fabrication Inc Announces Sale of Shipyard Division Assets and Long Term Contracts M&A Call Transcript

Apr 20, 2021 / 12:30PM GMT
Operator

Good morning, ladies and gentlemen, and welcome to Gulf Island's conference call to discuss the sale of the company's shipyard facilities and long-term construction contracts. (Operator Instructions) This call is being recorded. A copy of the press release announcing the shipyard transaction is available on the company's website at gulfisland.com, and a replay of today's call will be available on the company's website later this morning.

Please keep in mind that the press release and certain comments on this call include forward-looking statements, and actual results may differ materially. We would like to refer everyone to the cautionary language included in the company's press release and to the risk factors described in its 2020 Form 10-K and subsequent SEC filings.

Please note that the management may reference pro forma information and other financial measures, such as EBITDA and adjusted EBITDA, which are not recognized under the U.S. GAAP. As required by SEC rules and regulations, these financial measures are reconciled to their most comparable GAAP financial measures in the

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