Crane NXT, Co. (NYSE:CXT) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET

Company Participants

Rima Hyder – Vice President-Investor Relations
Aaron Saak – President and Chief Executive Officer
Christina Cristiano – Senior Vice President and Chief Financial Officer

Conference Call Participants

Matt Summerville – D.A. Davidson
Bob Labick – CJS Securities
Damian Karas – UBS
Bobby Brooks – Northland Capital Markets
Isaac Sellhausen – Oppenheimer

Operator

Good day, and thank you for standing by. Welcome to the Crane NXT Q1 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Rima Hyder, Vice President of Investor Relations.

Rima Hyder

Thank you, operator, and good morning, everyone. I want to welcome all of you to the first quarter 2024 earnings call for Crane NXT. Before we begin, the slides we will reference during this presentation can be accessed via the Investor Relations section of our website at cranenxt.com. A replay of today’s call will also be available on our website.

Before we discuss our results, I encourage all listeners to review the legal notice on Slide 2, which explains the risk of forward-looking statements and the use of non-GAAP financial measures.

Additionally, we refer you to the cautionary language at the bottom of our earnings release and in our Form 10-K and 10-Q filings pertaining to forward-looking statements. During the call, we will also be using non-GAAP numbers, which are reconciled to the comparable GAAP numbers in tables at the end of our press release and accompanying slide presentation, both of which are available on our website at cranenxt.com in the Investor Relations section.

On our call this morning, we will discuss our financial results, the completion of the OpSec acquisition and the updated 2024 guidance. For this discussion with me today are Aaron Saak, our President and Chief Executive Officer; and Christina Cristiano, our Senior Vice President and Chief Financial Officer. After our prepared remarks, we will open the call to analysts for questions.

Let me now turn the call over to Aaron.

Aaron Saak

Thank you, Rima, and good morning. We appreciate everyone joining the call today to discuss our first quarter 2024 results and to learn more about the acquisition of OpSec Security, which we announced earlier this week.