CSW Industrials, Inc.

earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Alexa Huerta. Please go ahead.

Thank you, Stacey. Good morning, everyone, and welcome to the CSW Industrials Fiscal 2025 Third Quarter Earnings Call. Joining me today on the call is Joseph Arms, Chairman, Chief Executive Officer, and President of CSW Industrials, and James Perry, Executive Vice President and Chief Financial Officer. We issued our earnings release updated investor relations presentation, and Form 10-Q prior to the market's opening today, all of which are available on the investor portions of our website at www.cswindustrials.com. This call is being webcast, and information on accessing the replay is included in the earnings release. During this call, we will make forward-looking statements. These statements are based on current expectations and assumptions that are subject to various risks and uncertainties. Actual results could materially differ because of factors discussed today in our earnings release, in comments made during the call, as well as the risk factors identified in our annual report on Form 10-K and other filings with the SEC. We do not undertake any duty to update any forward-looking statements. I will now turn the call over to Joe.

Thank you, Alexa, and good morning, everyone. I'm pleased to announce that once again, our team has delivered record results for revenue, adjusted earnings per diluted share, and adjusted EBITDA for the fiscal third quarter of this year. This morning, we reported fiscal third quarter revenue of 194 million, as well as fiscal third quarter adjusted EBITDA of 42 million. adjusted earnings per diluted share of $1.48, and adjusted net income of $25 million. Our adjusted EBITDA margin expanded 70 basis points to 21.7 percent in the quarter. I'm proud to note that each of our three business segments delivered top-line growth and impressive profitability during the quarter. James will provide further details on the performance of each segment during the fiscal third quarter. We have continued to execute on our capital allocation strategy. During the fiscal third quarter, we deployed $42 million of the proceeds from our follow-on equity offering to fund the strategic acquisition of PF Water Works. Through this acquisition, in the contractor solution segment, we expanded our product offering with innovative, eco-friendly drain management solutions. These new synergistic products will be added to our current wholesale distribution network, expanding PF Water Works' historical path to the market through the retail channel. We expect calendar year 2025 to be active from an M&A standpoint, and CSWI will remain diligent and disciplined when evaluating acquisition opportunities, focusing on synergistic, innovative investment opportunities with attractive, risk-adjusted returns that will enhance shareholder value. CSWI has a long, demonstrated track record of respecting capital and delivering growth in shareholder value. Our strong balance sheet, together with our capital allocation discipline, has been the cornerstone of success for CSWI. By aligning capital and labor, we are driving impressive results. Our commitment to our customer satisfaction and our focus on leveraging our distribution network positions us for long-term growth and profitability. At this time, I will turn the call over to James for a closer look at our results. And following his comments, I will return and conclude our prepared remarks.