Badger Meter, Inc. (NYSE:BMI) Q3 2024 Earnings Conference Call October 17, 2024 11:00 AM ET

Company Participants

Karen Bauer - VP of IR, Corporate Strategy and Treasurer
Ken Bockhorst - Chairman, President and CEO
Bob Wrocklage - CFO

Conference Call Participants

Scott Graham - Seaport Research Partners
Andrew Krill - Deutsche Bank
Robert Mason - Baird
Adam Farley - Stifel
Tate Sullivan - Maxim Group

Operator

Ladies and gentlemen, welcome to the Third Quarter 2024 Badger Meter Earnings Conference Call. [Operator Instructions]

It's now my pleasure to turn the conference over to Karen Bauer, Vice President of Investor Relations, Corporate Strategy and Treasurer. Please go ahead, Ms. Bauer.

Karen Bauer

Good morning, and thank you for joining the Badger Meter third quarter 2024 earnings conference call. On the call with me today are Ken Bockhorst, Chairman, President and Chief Executive Officer; and Bob Wrocklage, Chief Financial Officer.

Also joining our call today is Barb Noverini, our new Senior Director of Investor Relations. I have made the decision to retire after our Annual Shareholder Meeting in the spring of 2025. Barb and I will be working together over the next six months to seamlessly transition investor relations, sustainability and strategy activities, and I know she will be a great resource to the company and to you all in the years ahead. But the countdown to my last earnings call begins with two to go after today. Moving on, the earnings release and related slide presentation are available on our website.

Quickly, I'll cover the safe harbor, reminding you that any forward-looking statements made during this call are subject to various risks and uncertainties, the most important of which are outlined in our press release and SEC filings. On today's call, we will refer to certain non-GAAP financial metrics. Our earnings slides provide a reconciliation of the GAAP to non-GAAP financial metrics used.

With that, I'll turn the call over to Ken.

Ken Bockhorst

Thanks, Karen.

We will definitely miss your expert safe harbor reading skills. But all joking aside, we recognize the importance of a professional IR function. And consider ourselves very fortunate to have had Karen's expertise as Bob and I began our first public company CEO and CFO roles about six years ago now. It's also why we believe in well-planned transitions, and we're happy to have Barb on board to work alongside Karen.

Turning to the third quarter. I'm very pleased with our financial results, which reflect continued strong performance across a broad array of metrics, including delivering 12% year-over-year top line sales growth against increasingly difficult comparisons.