AAR Corp. (NYSE:AIR) Q1 2025 Earnings Conference Call September 23, 2024 5:00 PM ET

Company Participants

John Holmes – Chairman, President and CEO
Sean Gillen – Chief Financial Officer

Conference Call Participants

Scott Mikus – Melius Research
Michael Ciarmoli – Truist Securities
Kenneth Herbert – RBC Capital Markets
Louie DiPalma – William Blair

Operator

Good afternoon, everyone, and welcome to AAR’s Fiscal 2025 First Quarter Earnings Call. We’re joined today by John Holmes, Chairman, President, and Chief Executive Officer; and Sean Gillen, Chief Financial Officer.

Before we begin, I’d like to remind you that the comments made during the call may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly, these statements are no guarantee of future performance. These risks and uncertainties are discussed in the company’s earnings release and the risk factor section of the company’s annual report on Form 10-K for the fiscal year ended at May 31st, 2024. In providing the forward-looking statement, the company assumes no obligation to provide updates to reflect future circumstances or anticipated or unanticipated events.

Certain non-GAAP financial information will be discussed in the call today. A reconciliation of these non-GAAP measures to the most comparable GAAP measures is set forth in the company’s earnings release. A replay of the conference call will be available for on-demand listening shortly after the completion of the call on AAR’s website.

At this time, I would like to turn the call over to AAR’s Chairman, President, and CEO, John Holmes.

John Holmes

Great. Thank you. And thank you to everyone for joining us this afternoon to discuss our most recent quarter’s results. We are very proud of the performance we delivered during our

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