Littelfuse Inc (NASDAQ:LFUS) Q2 2024 Results Conference Call July 31, 2024 10:00 AM ET

Company Participants

David Kelley - Head of Investor Relations
Dave Heinzmann - President, CEO & Director
Meenal Sethna - Executive VP & CFO

Conference Call Participants

Luke Junk - Baird
Matt Sheerin - Stifel
Christopher Glynn - Oppenheimer
Grant Smith - Jefferies
Josh Buchalter - TD Cowen
David Williams - The Benchmark
William Kerwin - Morningstar
David Silver - CLK

Operator

Good day, everyone, and welcome to the Littelfuse Second Quarter 2024 Earnings Conference Call. Today's call is being recorded.

And at this time, I would like to turn the call over to the Head of Investor Relations, David Kelley. Please proceed. .

David Kelley

Good morning, and welcome to the Littelfuse second quarter 2024 earnings conference call. With me today are Dave Heinzmann, President and CEO; and Meenal Sethna, Executive Vice President and CFO. Yesterday, we reported results for our second quarter, and a copy of our earnings release and slide presentation is available on the Investor Relations section of our website.

A webcast of today's conference call will also be available on our website. Please advance to Slide 2 for our disclaimers. Our discussions today will include forward-looking statements. These forward-looking statements may involve significant risks and uncertainties. Please review yesterday's press release and our Form 10-K and 10-Q for more detail about important risks that could cause actual results to differ materially from our expectations. We assume no obligation to update any of this forward-looking information. Also, our remarks today refer to non-GAAP financial measures. A reconciliation of these non-GAAP financial measures to the most comparable GAAP measure is provided in our earnings release available in the Investor Relations section of our website.

I will now turn the call over to Dave.

Dave Heinzmann

Thank you, David. Good morning, and thanks for joining us today. Let's start with highlights on Slide 4. Our second quarter results exceeded our expectations, reflecting our resilient business model, diverse and balanced technology offering and broad customer reach. Our seasoned global teams navigated through a continued dynamic environment and delivered solid results, while we saw a solid design-in activity and secured significant new business across sustainability, connectivity and safety megatrends. We again delivered strong free cash flow, a testament to our proven operating model while our balance sheet and significant financial capacity positions us to enhance our long-term growth strategy.