Xylem Inc. (NYSE:XYL) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET

Company Participants

Patrick Decker - Chief Executive Officer

Matthew Pine - Chief Operating Officer

Sandy Rowland - Senior Advisor, former Chief Financial Officer

Bill Grogan - Chief Financial Officer

Andrea van der Berg - Vice President, Investor Relations

Conference Call Participants

Deane Dray - RBC Capital Markets

Mike Halloran - Baird

Scott Davis - Melius Research

Nathan Jones - Stifel

Joe Giordano - TD Cowen

Andy Kaplowitz - Citigroup

Operator

Welcome to Xylem's Third Quarter 2023 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode, and the floor will be open for questions following the presentation. [Operator Instructions].

I would like to now turn the call over to Andrea van der Berg, Vice President of Investor Relations. Please go ahead.

Andrea van der Berg

Thank you, operator. Good morning, everyone, and welcome to Xylem's third quarter 2023 earnings conference. With me today are Chief Executive Officer, Patrick Decker; Chief Operating Officer, Matthew Pine; Senior Advisor and former Chief Financial Officer, Sandy Rowland; and Chief Financial Officer, Bill Grogan.

They will provide their perspectives on Xylem's third quarter 2023 results and discuss the fourth quarter and full year outlook. Following our prepared remarks, we will address questions related to the information covered on the call.

I'll ask that you please keep to one question and a follow-up, and then return to the queue. As a reminder, this call and our webcast are accompanied by a slide presentation available in the investor section of our website. A replay of today's call will be available until midnight, November 7. Additionally, the call will be available for playback via the investor section of our website under the heading Investor Events.

Please turn to slide two. We will make some forward-looking statements in today's call, including references to future events or developments that we anticipate will or may occur in the future. These statements are subject to future risks and uncertainties, such as those factors described in Xylem's most recent annual report on Form 10-K and in subsequent reports filed with SEC.

Please note that the company undertakes no obligation to update any forward-looking statements publicly to reflect subsequent events or circumstances, and actual events or results could differ materially from those anticipated.

Please turn to slide three. We have provided you with a summary of our key performance metrics, including both GAAP and non-GAAP metrics. For purposes of today's call, all references will be on an organic and or adjusted basis unless otherwise indicated, and non-GAAP financials have been reconciled for you and are included in the appendix section of the presentation.