4/19/2022

speaker
Gemma
Conference Operator

Hello, good morning, and ladies and gentlemen, welcome to the first quarter 2022 Badger Meter Earnings Conference Call. My name is Gemma and I'll be today's operator. If you'd like to ask a question for the Q&A session, please press star followed by one in the telephone keypad. And if you change your mind, it's star followed by two. As a reminder, today's conference is being recorded. It is 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. Thank you.

speaker
Karen Bauer
Vice President of Investor Relations, Corporate Strategy and Treasurer

Thank you, good morning, and thanks for joining Badger Meters first quarter 2022 earnings conference call. On the call with me today are Ken Bockhorst, Chairman, President, and Chief Executive Officer, and Bob Rockledge, Chief Financial Officer. The earnings release and related slide presentation are available on our website. Quickly, I will 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.

speaker
Ken Bockhorst
Chairman, President and Chief Executive Officer

Thanks, Karen, and thank you for joining our first quarter earnings call. This quarter's themes replicate those we experienced for much of 2021, including robust demand, operating execution, pricing activities, and operating expense leverage, mitigating widespread inflationary pressures and manufacturing volatility from supply chain constraints. We were extremely pleased with the record pace of orders and the mid-teens growth in utility water revenues in the quarter. Our team continues to do an outstanding job managing the dynamic environment, and I want to thank them for their tireless focus and agility in serving our customers. I'll talk about the current environment and our outlook later in the call, but for now, let me turn the call over to Bob to go through the details of the quarter.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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