DCO - Ducommun Incorporated (DCO) Q1 2024 Earnings Call Transcript
2024-05-08 18:29:07 ET
Ducommun Incorporated (DCO)
Q1 2024 Earnings Conference Call
May 08, 2024, 01:00 PM ET
Company Participants
Steve Oswald - Chairman, President and CEO
Suman Mookerji - CFO
Conference Call Participants
Mike Crawford - B. Riley Securities
Michael Ciarmoli - Truist Securities
Ken Herbert - RBC Capital Markets
Jason Gursky - Citi
Presentation
Operator
Good day, and thank you for standing by. Welcome to the First Quarter 2024 Ducommun Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker today, Suman Mookerji, Chief Financial Officer. Please go ahead.
Suman Mookerji
Thank you, and welcome to Ducommun's 2024 first quarter conference call. With me today is Steve Oswald, Chairman, President and CEO. I'm going to discuss certain limitations to any forward-looking statements regarding future events, projections or performance that we may make during the prepared remarks or the Q&A session that follows.
Certain statements today that are not historical facts, including any statements as to future market conditions, results of operations and financial projections are forward-looking statements under the Private Securities Litigation Reform Act of 1995, and are, therefore, perspective. These forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements.
Although we believe that the expectations reflected in our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. In addition, estimates of future operating results are based on the company's current business, which is subject to change. Particular risks facing Ducommun include, amongst others, the cyclicality of our end-use markets, the level of U.S. government defense spending, our customers may experience delays in the launch and certification of new products, timing of orders from our customers, legal and regulatory risks, the cost of expansion and acquisitions, competition, economic and geopolitical developments, including supply chain issues and rising or high interest rates, the ability to attract and retain key personnel and avoid labor disruptions, the ability to adequately protect and enforce intellectual property rights, pandemics, disasters, natural or otherwise, and risk of cybersecurity attacks.
Please refer to our annual report on Form 10-K, quarterly reports on Form 10-Q and other reports filed from time-to-time with the SEC as well as the press release issued today for a detailed discussion of the risks. Our forward-looking statements are subject to those risks. Statements made during this call are only as of the time made, and we do not intend to update any statements made in this presentation, except if and as required by regulatory authorities....
Ducommun Incorporated (DCO) Q1 2024 Earnings Call Transcript