Belden Inc. (NYSE:BDC) Q1 2022 Earnings Conference Call May 4, 2022 8:30 AM ET

Company Participants

Kevin Maczka - Vice President, Treasurer & IR

Roel Vestjens - President, CEO and Director

Jeremy Parks - Senior Vice President of Finance & CFO

Conference Call Participants

Reuben Garner - The Benchmark Company

William Stein - Truist Securities

Noelle Dilts - Stifel

Mark Delaney - Goldman Sachs

Operator

Ladies and gentlemen, thank you for standing by. Welcome to this morning's Belden Inc. Conference Call. Just a reminder, this call is being recorded. At this time, you are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the call over to Kevin Maczka. Please go ahead, sir.

Kevin Maczka

Thank you, Madison. Good morning, everyone and thank you for joining us today for Belden's first quarter 2022 earnings conference call. My name is Kevin Maczka, I'm Belden's Vice President of Investor Relations and Treasurer. With me, this morning are Belden's President and CEO, Roel Vestjens; and Senior Vice President and CFO, Jeremy Parks.

Roel 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 contain 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, Roel Vestjens. Roel?

Roel Vestjens

Thank you, Kevin and good morning, everyone. As a reminder, I'll be referring to adjusted results today. Please turn to Slide 3 for a summary of today's presentation. We delivered another outstanding quarter with total revenues and EPS that exceeded expectations. I'd like to thank our global teams for their extraordinary work to navigate a complex operating environment, support our customers and execute our strategic plans. Demand trends remained robust in the first quarter. Revenues increased 19% on an organic basis and record incoming order rates resulted in a very strong book-to-bill ratio of 1.27 times.