Belden Inc. (NYSE:BDC) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET

Company Participants

Ashish Chand - President, Chief Executive Officer

Jeremy Parks - Senior Vice President, Chief Financial Officer

Aaron Reddington - VP of Investor Relations

Conference Call Participants

William Stein - Truist Securities

Steve Fox - Fox Advisors

Reuben Garner - The Benchmark Company

Morgan Leung - Goldman Sachs

Operator

Ladies and gentlemen, thank you for standing by, and welcome to this morning's Belden Reports Second Quarter 2023 Results Conference Call. Just a reminder, this call is being recoded, and at this time you are in a listen only mode. But later, we will conduct a question-and-answer session. [Operator Instructions].

I would now like to turn the call over to VP of Investor Relations Mr. Aaron Reddington. Please go ahead, sir.

Aaron Reddington

Thank you. Good morning, everyone, and thank you for joining us for Belden’s second quarter 2023 Earnings Conference Call. With me today are Belden’s President and CEO Ashish Chand and Senior Vice President and CFO Jeremy Parks. Ashish will provide a strategic overview of our business, and then Jeremy will provide a detailed review of our financial and operating results, followed by Q&A.

We issued our earnings release earlier this morning, and we have prepared a slide presentation that we will reference on this call. The press release, presentation, and transcript of these prepared remarks are currently available online at investor.belden.com.

Turning to Slide 2 in the presentation. During this call, management will make certain forward-looking statements. For more information, please review today's press release and our most recent annual report on Form 10-K.

Additionally, during today’s call management will reference adjusted or non-GAAP financial information. In accordance with Regulation G, the appendix to our presentation and the investor relations section of our website contains a reconciliation of the most closely associated GAAP financial information to the non-GAAP financial information we communicate.

I will now turn the call over to our President and CEO Ashish Chand.

Ashish Chand

Thank you, Aaron and good morning everyone. Thank you for joining us today. Let’s turn to Slide 4 for a summary of the major accomplishments we achieved in the second quarter of 2023. As a reminder, I’ll be referring to adjusted results today.

First, once again our team delivered another outstanding quarter, with total revenues and EPS exceeding expectations for the 13th quarter in a row. Our revenue grew, our margins expanded, and our organic growth came in at the high end of our previously issued guidance for the quarter.