Regal Rexnord Corporation (NYSE:RRX) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET
Company Participants
Robert Barry - Vice President, Investor Relations
Louis Pinkham - Chief Executive Officer
Rob Rehard - Executive Vice President and CFO
Conference Call Participants
Mike Halloran - Baird
Christopher Glynn - Oppenheimer
Jeff Hammond - KeyBanc Capital Markets
Nigel Coe - Wolfe Research
Julian Mitchell - Barclays
Operator
Hello. And welcome to the Regal Rexnord First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions]
Please note, this event is being recorded. I would now like to turn the conference over to Robert Barry, VP, Investor Relations. Please go ahead.
Robert Barry
Great. Thank you, Operator. Good morning, and welcome to Regal Rexnord’s first quarter 2023 earnings conference call. Joining me today are Louis Pinkham, our Chief Executive Officer; and Rob Rehard, our Executive Vice President and Chief Financial Officer.
I’d like to remind you that during today’s call, you may hear forward-looking statements related to our future financial results, plans and business operations. Our actual results may differ materially from those projected or implied due to a variety of factors, which we describe in greater detail in today’s press release and then our reports filed with the SEC, which are available on regalrexnord.com.
On slide three, we state that we are presenting certain non-GAAP financial measures that we believe are useful to our investors and we have included reconciliations between the non-GAAP financial information and the GAAP equivalent in the press release and earnings presentation materials.
Turning to slide four. Let me briefly review the agenda for today’s call. Louis will lead off with his opening comments. Rob Rehard will then provide our first quarter financial results in more detail and provide an update to our 2023 guidance. We will then move to Q&A, after which, Louis will have some closing remarks.
And with that, I will turn the call over to Louis.
Louis Pinkham
Great. Thanks, Rob, and good morning, everyone. Thanks for joining us to discuss our first quarter earnings to get an update on our business and for your continued interest in Regal Rexnord.
Before getting into our first quarter results, I would like to spend a few minutes on our recent acquisition of Altra, which we closed expeditiously on March 27th. I will begin by extending an enthusiastic welcome to our new Regal Rexnord colleagues who joined us from Altra.