Cadre Holdings, Inc. (NYSE:CDRE) Q2 2024 Earnings Conference Call August 12, 2024 11:00 AM ET

Company Participants

Matthew Berkowitz - IGB Group
Warren Kanders - Chairman & CEO
Brad Williams - President
Blaine Browers - CFO

Conference Call Participants

Lawrence Solow - CJS Securities
Jeffrey Van Sinderen - B. Riley Securities
Matthew Koranda - ROTH Capital
Jordan Lyonnais - Bank of America
Mark Smith - Lake Street
Bert Subin - Stifel

Operator

Good morning, and welcome to the Cadre Holdings Second Quarter 2024 Conference Call. Today's call is being recorded. All lines have been placed on mute. [Operator Instructions]

At this time, I'd like to turn the conference over to Matt Berkowitz of the IGB Group for introductions and the reading of the safe harbor statement. Please go ahead, sir.

Matthew Berkowitz

Thank you, and welcome to today's conference call to discuss Cadre's second quarter results. Before we begin, I'd like to remind everyone that during today's call, we will be making several forward-looking statements, and we make these statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our best estimates and assumptions based on our understanding of information known to us today.

These forward-looking statements are subject to the risks and uncertainties that face Cadre and the industries and markets in which we operate. More information on potential factors that could affect Cadre's financial results is included from time to time in Cadre's public reports filed with the Securities and Exchange Commission.

Please also note that we have posted presentation materials on our website at www.cadre-holdings.com, which supplement our comments this morning and include a reconciliation of certain non-GAAP financial measures. I'd like to remind everyone that this call will be available for replay through August 26, 2024, starting at 8 p.m. Eastern Time tonight. A webcast replay will also be available via the link provided in Friday's press release as well as on Cadre's website.

At this time, I'd like to turn the call over to Cadre's Chairman and CEO, Warren Kanders.

Warren Kanders

Thank you. Good morning, and thank you for joining Cadre's earnings call to discuss our results the second quarter of 2024. I am joined today by our President, Brad Williams; and Chief Financial Officer, Blaine Browers. The effectiveness of our operating model and resilience of our businesses was evident based on our record Q2 financial performance, highlighted by substantial net sales and net income growth year-over-year.