Howard Lorber | President and Chief Executive Officer of Vector Group |
Bryant Kirkland | CFO |
Richard Lampen | Chief Operating Officer |
Scott Durkin | President and CEO of Douglas Elliman Realty, LLC |
David Ballard | CTO |
Nick Anson | President and CEO of Liggett Vector Brands |
Ron Bernstein | Senior Advisor to Liggett Vector Brands |
Nick Ghoussanni | Portfolio Manager at Vector |
Ian Zaffino | Oppenheimer & Co. |
Hale Holden | Barclays |
David Levine | Mid-Ocean Credit Partners |
Welcome to Vector Group Limited 's Third Quarter 2021 Earnings Conference Call.
During this call, the terms, adjusted operating income, adjusted net income, adjusted EBITDA and tobacco adjusted operating income will be used. These terms are non-GAAP financial measures and should be considered in addition to, but not as a substitute for other measures of financial performance prepared in accordance with GAAP. Reconciliations to adjusted operating income, adjusted net income, and adjusted EBITDA, and tobacco adjusted operating income are contained in the Company's earnings release, which has been posted to the Investor Relations section of the Company's website located at www. vectorgroupltd.com.