Howard Lorber | President and CEO of Vector Group |
Bryant Kirkland | CFO |
Richard Lampen | COO |
Scott Durkin | President and CEO of Douglas Elliman Realty, LLC |
Ritwik Roy | Jeffries |
John Massocca | Ladenburg Thalmann |
Welcome to Douglas Elliman Inc.’s Fourth Quarter and Full Year 2021 Earnings Conference Call.
During this call, the terms, adjusted net income and adjusted EBITDA 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 and adjusted EBITDA are contained in the Company's earnings release, which has been posted to the Investor Relations section of the Company's website located at investors.elliman.com.
Before the call begins, I would like to read a safe harbor statement.