Laurans Mendelson | Chairman and Chief Executive Officer |
Eric Mendelson | Co-President and President of HEICO's Flight Support Group |
Victor Mendelson | Co-President and President of HEICO's Electronic Technologies Group |
Carlos Macau | Executive Vice President and Chief Financial Officer |
Larry Solow | CJS Securities |
Ellen Page | Jefferies |
Peter Arment | Robert W. Baird |
Kenneth Herbert | RBC Capital Markets |
Robert Spingarn | Melius Research |
Robert Stallard | Vertical Research |
Pete Skibitski | Alembic Global Advisors |
Noah Poponak | Goldman Sachs |
Michael Ciarmoli | Truist Securities |
Gautam Khanna | Cowen and Company |
Colin Ducharme | Sterling Capital |
Welcome to the HEICO Corporation Third Quarter and Full Year Fiscal 2022 Financial Results Call. My name is Connie, and I will be the operator assisting you today. Certain statements in today’s call will constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements as a result of factors including, but not limited to: the severity, magnitude and duration of the COVID-19 pandemic; HEICO's liquidity, and amount, timing of cash generation; lower commercial air travel caused by the pandemic and its aftermath, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; government and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales and sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; our ability to make acquisitions [Technical Difficulty] Parties receiving this material are encouraged to review all of HEICO's filings with the Securities and Exchange Commission, including, but not limited to filings on Form 10-K, Form 10-Q and Forms 8-K.