Vontier Corporation (NYSE:VNT) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET

Company Participants

Ryan Edelman - Vice President-Investor Relations
Mark Morelli - President & Chief Executive Officer
Anshooman Aga - Senior Vice President & Chief Financial Officer

Conference Call Participants

Nigel Coe - Wolfe
Julian Mitchell - Barclays
David Lane - Bank of America

Operator

Good morning, ladies and gentlemen, and welcome to the Vontier Third Quarter 2024 Earnings Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Thursday, October 31, 2024 and a replay will be available shortly after.

I would now like to turn the call over to Ryan Edelman, Vontier's Vice President of Investor Relations. Please go ahead.

Ryan Edelman

Thank you. Good morning everyone, and thank you for joining us on a call this morning to discuss our third quarter results. With me today are Mark Morelli, our President and Chief Executive Officer and Anshooman Aga, our Senior Vice President and Chief Financial Officer. You can find both our press release, as well as our slide presentation that we will refer to during today's call on the investor relations section of our website at investors.vontier.com.

Please note that during today's call, we will present certain non-GAAP financial measures. We'll also make forward-looking statements within the meanings of the federal securities laws, including statements regarding events or developments that we expect or anticipate, will or may occur in the future. These forward-looking statements are subject to risks and uncertainties. Actual results might differ materially from any forward-looking statements that we make today. And we do not assume any obligation to update them. Information regarding these factors that may cause actual results to differ materially from these forward-looking statements is available on our website and in our SEC filings.

With that, I'd like to turn the call over to Mark.

Mark Morelli

Thanks Ryan, and good morning, everyone. Thank you for joining us on today's call. I'll provide a high level overview of our performance in Q3 and a brief update on our end markets and the progress we're making on our strategy. Anshooman will then provide a deeper dive into our results and outlook for the full year.

Let's get started with a summary of the quarter on slide 3. We delivered solid results in the third quarter as we continue to capitalize on strong momentum across our convenience retail and fueling end markets, supported by increased adoption of our market leading technologies. Core sales increased 3% above the high end of our guidance range with upside from both our environmental and fueling and mobility technology segments.