Greetings and welcome to the Limbach Holdings second quarter 2023 earnings conference call and webcast. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If you would like to ask a question, please press star one on your telephone keypad. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jeremy Hellman of The Equity Group. Thank you. Please go ahead. Thank you very much and good morning, everyone. Yesterday, Limbach Holdings announced its second quarter 2023 results and filed its Form 10-Q for the period ended June 30, 2023. The company would also like to note that an updated investor presentation is available in the investor section of the company website at www.limbachinc.com. Management will refer to select slides during today's call and encourages investors to review the presentation in its entirety. During this call, the company will be reviewing its financial results and providing an update on current market conditions. Today's discussion may contain forward-looking statements and actual results may differ from any forecasts, projections, or similar statements made during the earnings call. Listeners are reminded to review the company's annual report on Form 10-K and quarterly reports on Form 10-Q for risk factors that may cause the actual results to differ from forward-looking statements made during the earnings call. Please note that during the question and answer session at the end of the call, we will only be taking questions from our analysts. With that, I'll turn the call over to Mike McCann, the President and Chief Executive Officer of Limbach Holdings. Please go ahead, Mike. Good morning. Welcome, everyone, and thanks for joining us. Joining me this morning is Jayme Brooks, our Executive Vice President and Chief Financial Officer. During the second quarter, we continue to execute our strategy and produce improved quality of earnings. Our strategic plan continues to center on three primary value drivers, each of which is capable of positive results, but when combined, they really provide a high-growth pathway for our company. The first drivers are segment mix. We continue to aggressively shift our revenue mix towards a higher percentage of our work coming from our ODR segment. While our GCR segment continues to make solid progress in improving its margin profile, ODR continues to be our main focus due to the improvement of margin profile, the more favorable risk profile, and the opportunity to strengthen relationships with long-term customers. By increasing the proportion of revenues attributed to ODR, there's a natural lift in our consolidated gross margin. In managing the business, we are constantly reinforcing this message to our local leadership. They should always be looking to deliver value to our customers while targeting high-quality work that provides for high margins rather than large projects which typically sell at lower margins. Anytime they can achieve a gross margin of 29% instead of 17%, as was the case in our respective segments this quarter, they should pursue the 29% opportunity. That's really the biggest driver of our segment mix shift. The second driver is providing evolved offerings for our customers. We are intensely focused on developing and delivering value-added solutions to our customers. We want to be their trusted partner for all the facility needs, especially when it comes to making proactive recommendations that enable them to drive long-term benefits and maximize the return on their physical asset investments. As we do that, we expect to earn higher margins on the work we do. The third driver is our strategic acquisition plan. We continue to pursue both tuck-in acquisitions to expand market share and relatively large acquisitions to bring Limbach into new geographies. Properly executed acquisitions allow us to scale the business, bolt on new service offerings, and better serve larger regional customers that want a single partner across their footprint. Following the quarter end, we announced the acquisition of ACME Industrial, which is based in Chattanooga, Tennessee, and is right down the road from our Jake Marshall subsidiary. ACME brings us several new customer relationships. We are very excited about their leadership position in the hydroelectric end market, which includes Tennessee Valley Authority, or TVA, which is a large federally owned utility with significant hydroelectric assets. This represents a new end market for Limbach. We're looking to leverage that positioning. Combined with Jake Marshall and Chattanooga, we've been able to tack on tuck-in acquisitions to the new geography and pick up additional market share. I'll now pass it off to Jayme to provide financial highlights. Then I'll return with a few final comments on market conditions before we take your questions. Jayme? Thanks, Mike. Yesterday, we filed our earnings press release in Form 10-Q, which provided extensive detail of our financials, so I will focus on some key highlights. Starting with the income statement, during the second quarter, the ODR segment accounted for 47.1% of total consolidated revenue, up from 42.9% last year. ODR revenue during the quarter was up 18.1% from a year ago, while GCR revenue was essentially flat, resulting in consolidated top-line growth of 7.5%. We continue to see solid execution in the quarter. Consolidated gross margin during the second quarter was 22.8%, primarily due to increasing contribution from our higher-margin ODR segment and strong overall margin performance in both segments. For the quarter, GCR gross margin was 17.1%, while ODR margin was 29.3%. SG&A expense of $20.4 million during the quarter was down modestly from $21.1 million in the first quarter and up from $18.7 million in the year-ago period. The increase in SG&A expense from the year-ago period was primarily related to increases in payroll-related expenses of $1.3 million and a $500,000 increase in stock-based compensation expense. These increases were partially offset by a $400,000 decrease in rent-related expenses. As we noted on our call last quarter, we expect full-year 2023 SG&A expense as a% of total revenue to have a similar annual run rate as 2022. Turning to cash flow. We continue to have a strong balance sheet. At quarter end, our cash and cash equivalents balance was $45.9 million, and we had $10 million outstanding on a revolver. We exited the quarter in a net cash position of $23.6 million compared to a net cash position of $4.2 million at the end of December. As we have previously noted, our ODR focus and tightened GCR project selection process are expected to provide a better operating cash flow profile. Our strong execution during the second quarter contributed to operating cash flow of $16.9 million compared with $15.6 million a year ago. Changes in working capital accounts had a positive impact of $7.6 million on the operating cash flow, and accounts receivable provided cash of $12.5 million as a result of strong collections in the quarter. Offsetting some of the increase, we used $6.8 million of cash in accounts payable. The remaining $9.3 million of operating cash flow was the non-working capital component. As we've noted previously, our free cash flow can be calculated by taking this figure and then subtracting CapEx, which totaled $576,000 in the quarter. That leaves free cash flow at $8.8 million, or around 74% of our adjusted EBITDA. Cash conversion for the quarter came in better than the 70% annual target level. Our primary use of the cash we generate continues to be the reduction of debt and the funding of our acquisition program. With our current cash balances and our expected free cash flow, we believe we have ample capital to pursue our acquisition program without needing any equity financing. Subsequent to quarter end, we utilized just over $5 million of cash on hand to finance the acquisition of ACME. Lastly, during the second quarter, all 600,000 of the $15 exercise-priced sponsor warrants were exercised on a cashless basis, resulting in the issuance of approximately 168,000 shares of our common stock. In addition, of the roughly 630,000 $12.50 exercise-priced merger warrants, approximately 163,000 were exercised on a cashless basis during the quarter, resulting in the issuance of approximately 46,000 shares of our common stock. In total, nearly 213,000 shares of common stock were issued during the second quarter as a result of warrant exercises. Of the remaining merger warrants outstanding at June 30th, approximately 443,000 of those warrants were exercised prior to their expiration on July 20th, resulting in the additional issuance of approximately 229,000 shares of our common stock in July. As of August 7th, we had approximately 11 million shares outstanding, inclusive of all of the warrant exercises. This share count can be located on the cover of our Form 10-Q. I'll now hand it back to Mike. Thank you, Jayme. Our first half-adjusted EBITDA benefited from gross margin in both segments, coming in ahead of our guided ranges. We continue to remind investors that margins can vary quarter to quarter based on project mix, timing, and execution. As we have noted, our longer-range strategy for the business continues to push for higher margins. At the same time, I want to remind everyone that the path will not necessarily be a straight one, nor will it necessarily be rapid change. With those factors in mind, as noted in our press release, we are increasing our adjusted EBITDA guidance for 2023 to a range of $38 million-$41 million, up from $33 million-$37 million previously. The upward revision to our adjusted EBITDA guidance is a function of our strong performance for the first half of the year, along with a very small contribution from the recently acquired ACME Industrial business during the second half. We expect ACME will gradually start to become a more meaningful contributor to the bottom line once it's been integrated into Limbach and the way we do business. I also want to point out that our business appears to have entered a new normal when it comes to supply chains and equipment availability. Given this dynamic, we are reiterating our revenue guidance for 2023, which consists of total revenue for the year in the range of $490 million-$520 million. Summarizing our guidance for 2023, we are reiterating our expectation that revenue will be between $490 million and $520 million, while adjusted EBITDA between $38 million and $41 million. I also want to remind everyone that slide 25 in our investor presentation includes additional modeling considerations. Recapping business conditions, the demand in our mission-critical vertical markets continues to be very strong. As we have shifted our focus to fewer customers, we've seen an even greater opportunity to improve our market position with these customers. We have a slide on our investor deck that highlights the industry trends per segment and emphasizes the opportunity we have within these verticals. In order to take advantage of that demand, we continue to shift our internal staff to account management positions that are stationed daily at our key customers. Our staff is aligned to our strategy and adaptable to the ever-evolving needs of the business. One of the key reasons we've been able to shift so quickly is due to our amazing people that are both talented and dedicated to the overall company success. In regards to larger capital projects, we are very focused on working directly with building owners to understand their needs and helping get these infrastructure projects across the finish line. We are focused on utilizing our engineering group to provide engineering analysis and design solutions that have an appropriate return on investment. Most of these large capital projects include equipment switch-outs. Lead times continue to be a challenge, but the entire industry has adjusted to the new norm. As long as demand remains strong, it will take some time for supply conditions to ease since the supply side of the equation is not fixed. In certain cases, building owners may decide to defer capital projects due to other funding needs in their business. Due to the fact we have dedicated personnel to a select group of customers, we're able to continue to provide emergency and on-demand services. Building owners, especially those with mission-critical assets, need to keep those facilities operational. That represents a certain baseline of durable demand, and we continue to work closely with these owners to develop both short-term OpEx and long-term CapEx plans. All of this results in keeping demand strong and supply chains tight, which ultimately we believe is good for Limbach. Before moving on to questions from our analysts, I want to highlight a page we've added toward the end of our investment presentation regarding our social media channels. Because we are not a retail customer-facing business, sometimes it's hard to see what we do. Our marketing team has been hard at work building up our social media presence in an effort to showcase our projects and services. We encourage everyone to take a look, follow us, and share our content. With that, operator, please open the Q&A session. Thank you. The floor is now open for questions. If you would like to ask a question, please press star one on your telephone keypad at this time. A confirmation tone will indicate your line is in the question queue. You may press star two if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up the handset before pressing the star key. Once again, that's star one to register a question at this time. Today's first question is coming from Rob Brown of Lake Street Capital Markets. Please go ahead. Good morning. Congrats on a nice quarter. I just wonder if you get a little more color on the ODR business. Are you seeing kind of the demand growth in I'm sure it's both, but is it the direct projects, or is it maintenance and repair business? What sort of areas are you seeing the most demand and growth? Morning, Rob. Thanks for the question. The short answer is we're definitely seeing on both sides of it. There's a tremendous deferred maintenance opportunity right now. A lot of our customers are continuing to try to balance their needs between short-term, keep systems up and running, and long-term planning. As an example, I met with four different hospitals this week, or healthcare groups, and it's interesting because they've got their clients that they have to take care of, their patients, and there's definitely a balance. I'm really working with them in a consultative manner to make sure that we take care of their short-term needs, but we're also telling them to make sure that there's ways to avoid these long-term issues, and we need to work proactively as a partner. It's definitely a mix between both. It depends where the client is at in their own particular journey and their needs of their business, but definitely an opportunity in both. Okay, great. Then you've made some pretty strong progress on, I guess, EBITDA margins. Where do you see that sort of going over time, or do you feel like you've gotten to where you need to be and you'll see growth with growth in revenue? Or just a sense on where you're at in terms of getting EBITDA margin toward your targets? We're very focused on quality right now. The demand environment is super strong. To us, right now, it's a super disciplined strategy. Working within our six core vertical markets where the customers and the clients are mission-critical, where they have that durable demand and there's resilience, at the same time, we've been really focused on each one of our locations of working for the top 5-10 customers. There's a tremendous amount of demand out there, but we're super focused on the quality. I think the other thing, too, is we're just trying to make sure that we staff accordingly to make sure that we can take advantage of the short-term OpEx and the long-term. We're very early in our journey. We're very focused on quality and making sure we're setting ourselves up for durable demand from these customers. Good. Thank you. I'll turn it over. Thank you. At this time, I'd like to turn it back over to Mr. McCann for closing comments. Thank you, everybody, for continued interest in Limbach. If you have any additional questions, please reach out to Jeremy Hellman at The Equity Group. Thank you, everybody. Ladies and gentlemen, this concludes today's event. You may disconnect your lines or log off the webcast at this time and enjoy the rest of your day.