Belden Inc. (NYSE:BDC) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET

Company Participants

Aaron Reddington - VP, IR
Ashish Chand - President & CEO
Jeremy Parks - SVP & CFO

Conference Call Participants

Morgan Leung - Goldman Sachs
William Stein - Truist Securities
Steven Fox - Fox Advisors
David Williams - Benchmark

Operator

Please stand by. Ladies and gentlemen, thank you for standing by. Welcome to this morning's Belden Reports first quarter 2024 results call. Just a reminder, this call is being recorded. At this time, you're in a listen only mode. [Operator Instructions] I would now like to turn the call over to Aaron Reddington. Please go ahead, sir.

Aaron Reddington

Good morning everyone, and thank you for joining us for Belden's first quarter 2024 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 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 in reliance upon the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. 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. We really appreciate you joining us today. Let's turn to Slide 4 for a summary of the major accomplishments we achieved in the first quarter and key messages I would like to highlight. As a reminder, I'll be referring to adjusted results today.

First, let me start by saying that once again, the key theme for the quarter is stability. For the first quarter, our revenue and EPS both exceeded the high end of our guidance and our solutions transformation continues in this dynamic environment. Revenue totaled $536 million and EPS came in at $1.24.