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Compass Diversified (CODI) Q4 2024 Earnings Call Transcript

February 28, 2025
in Market & News
Reading Time: 2 mins read
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Compass Diversified (CODI) Q4 2024 Earnings Call Transcript
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Compass Diversified (NYSE:CODI) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET

Company Participants

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Cody Slach – Senior MD & Director of Investor Relation
Elias Sabo – Partner & CEO
Patrick Maciariello – Partner & COO
Stephen Keller – Executive Vice President & CFO

Conference Call Participants

Lawrence Solow – CJS Securities
Lance Vitanza – TD Cowen
Joseph Reagor – ROTH Capital
Randolph Binner – B. Riley Securities

Operator

Good afternoon, and welcome to Compass Diversified’s Fourth Quarter and Full Year 2024 Conference Call. Today’s call is being recorded. [Operator Instructions] At this time, I would now like to turn the conference over to Cody Slach of Gateway Group for introductions and the reading of the safe harbor statement. Mr. Slach, you may now begin the conference.

Cody Slach

Thank you, and welcome to Compass Diversified’s Fourth Quarter and Full Year 2024 Conference Call. Representing the company today are Elias Sabo, CODI’s CEO; Stephen Keller, CODI’s CFO; and Pat Maciariello, COO of Compass Group Management.

Before we begin, I’d like to point out that the Q4 and full year 2024 press release, including the financial tables and non-GAAP financial measure reconciliations for subsidiary, adjusted EBITDA, adjusted EBITDA, adjusted earnings and pro forma net sales; are available at the Investor Relations section on the company’s website @compassdiversified.com. The company also filed its Form 10-K with the SEC today after the market closed, which includes reconciliations of certain non-GAAP financial measures discussed on this call and is also available at the Investor Relations section of the company’s website.

Please note that references to EBITDA in the following discussions refer to adjusted EBITDA as reconciled to net income or loss from continuing operations in the company’s financial filings. The company does not provide a reconciliation of its full year expected 2024 adjusted

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