ESCO Technologies Inc. (NYSE:ESE) Q4 2024 Earnings Conference Call November 14, 2024 5:00 PM ET

Company Participants

Kate Lowrey - Vice President, Investor Relations
Bryan Sayler - President and CEO
Chris Tucker - Senior Vice President and CFO

Conference Call Participants

Tommy Moll - Stephens, Inc.
John Franzreb - Sidoti and Company
Jon Tanwanteng - CJS
Josh Sullivan - The Benchmark Company

Operator

Good day and thank you for standing by. Welcome to the Fourth Quarter 2024 ESCO Technologies Earnings Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions]

Please be advised that today’s conference is being recorded. On the call today, we have Bryan Sayler, President and CEO; Chris Tucker, Senior Vice President and CFO.

And now, I would like to hand the conference over to our first speaker today, Kate Lowrey, Vice President of Investor Relations. Kate, you now have the floor.

Kate Lowrey

Thank you. Statements made during this call, which are not strictly historical, are forward-looking statements within the meaning of Safe Harbor provisions of the federal securities laws. These statements are based on current expectations and assumptions, and actual results may differ materially from those projected in the forward-looking statements due to risks and uncertainties that exist in the company’s operations and business environment, including, but not limited to, the risk factors referenced in the company’s press release issued today, which will be included as an exhibit to the company’s Form 8-K to be filed. We undertake no duty to update or revise any forward-looking statements, except as may be required by applicable laws or regulations.

In addition, during this call, the company may discuss some non-GAAP financial measures to describing the company’s operating results. The reconciliation of these measures to the most comparable GAAP measures can be found in the press release issued today on the company’s website at www.escotechnologies.com under the link Investor Relations.

Bryan Sayler

Thanks, Kate, and thanks, everyone, for joining today’s call. We are happy to give you an update as we close out another great year at ESCO. We are pleased with our fourth quarter and fiscal 2024 results. We hit a significant milestone this year with orders and sales both eclipsing $1 billion.

This is a great achievement, but we feel like there’s still a lot of momentum in our business and in the markets we serve. So while we feel great about 2024, we feel even better about the future. Chris will run you through all of the financial details for the quarter and the year, but before we get to that, I want to give you a few comments on each of the segments.