IDEX Corporation (IEX) Q4 2022 Earnings Call Transcript

IDEX Corporation (NYSE:IEX) Q4 2022 Results Conference Call February 1, 2023 10:30 AM ET

Company Participants

Allison Lausas - VP, CAO

Eric Ashleman - CEO, President

William Grogan - CFO

Conference Call Participants

Allison Poliniak - Wells Fargo

Michael Halloran - Robert W. Baird

Nathan Jones - Stifel

Deane Dray - RBC Capital Markets

Robert Wertheimer - Melius Research

Scott Graham - Loop Capital Markets

Bryan Blair - Oppenheimer & Company

Brett Linzey - Mizuho

Joseph Giordano - Cowen and Company

Operator

Greetings. Welcome to the Fourth Quarter 2022 IDEX Corporation Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

I would now like to turn the conference over to Allison Lausas, Vice President and Chief Accounting Officer. Thank you. You may begin.

Allison Lausas

Good morning, everyone. This is Allison Lausas, Vice President and Chief Accounting Officer for IDEX Corporation. Thank you for joining us for our discussion of the IDEX fourth quarter and full year 2022 financial highlights.

Last night, we issued a press release outlining our company's financial and operating performance for the 3 months and full year ending December 31, 2022. The press release, along with the presentation slides to be used during today's webcast, can be accessed on our company website at idexcorp.com.

Joining me today are Eric Ashleman, our Chief Executive Officer and President; and Bill Grogan, our Chief Financial Officer. We will begin with Eric providing an overview of the state of IDEX' business, including a recap of our recent performance. Bill will then provide a segment outlook for 2023 and discuss our fourth quarter and full year 2022 financial results as well as our guidance for the first quarter and full year 2023. Eric will then close the call with our key priorities for 2023.

Following our prepared remarks, we will open the call for your questions. If you should need to exit the call for any reason, you may access a complete replay beginning approximately 2 hours after the call concludes by dialing the toll-free number (877) 660-6853 and entering conference ID 13734461 or simply log on to our company homepage for the webcast replay.

Before we begin, a brief reminder. This call may contain certain forward-looking statements that are subject to the safe harbor language in last night's press release and in IDEX's filings with the Securities and Exchange Commission.