CSW Industrials, Inc.

Greetings. Welcome to the CSW Industrials Fiscal 2027 Second Quarter Earnings 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 during the conference, please press star zero on your telephone keypad. Please note, this conference is being recorded. I will now turn the conference over to Alexa Huerta. Thank you, Alexa. You may begin.

Thank you, Jasmina. Good morning, everyone, and thank you for joining CSW Industrials' fiscal 2027 second quarter earnings call. Joining me today on the call is Joseph Armes, our chairman, chief executive officer, and president of CSW Industrials. and James Perry, our Executive Vice President and Chief Financial Officer. Earlier today, we issued our earnings release, updated investor relations presentation and quarterly report on Form 10-Q. Each is available on the Investor section of our website at www.ir.csw.com. Today's call is also being webcast. and replay information is included in the earnings release. Before we begin, I would like to remind everyone that today's discussion will include forward-looking statements. These statements reflect our current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially. Additional information about these risks is included in our earnings release, our comments on today's call our annual report on Form 10-K and our other filings with the SEC. Except as required by law, we do not undertake any obligation to update any forward-looking statements. I will now turn the call over to Joe.

Thank you, Alexa, and good morning, everyone. Today, we reported all-time record results in several metrics, including revenue, adjusted EBITDA, adjusted EPS, and Cash Flow for the first half of fiscal 2027, underscoring the wisdom of our strategy, the excellence of our execution, and the resilience of our business. Recent acquisitions have strategically expanded our product portfolio and enhanced our growth trajectory. Consistent with our enduring capital allocation strategy, we prioritized debt reduction during the quarter. Paying down $91 million in outstanding debt and further deleveraging the company. CSW also returned a total of $10.7 million in cash to shareholders, including $5.8 million in open market share repurchases and $4.9 million in dividends. Our net debt-to-EBITDA ratio declined. from 2.37 times at the end of fiscal first quarter of 2027 to 2.1 at the end of the fiscal second quarter, driven by lower net debt and EBITDA growth. Our strong balance sheet and record cash flow continues to give us the flexibility to pursue investment opportunities as they arise. End market activity followed a more typical seasonal pattern during the quarter despite continued macroeconomic uncertainty. All three of our business segments delivered impressive top-line results when excluding the Greco business from EBS, and we achieved consolidated EBITDA margin expansion. Our contractor solutions segment delivered strong organic revenue growth of 13%, accompanied by 31.5% adjusted EBITDA growth. The addition of Mars and Aspen has broadened our product portfolio, expanded the repair solutions we offer, and increased our scale. Together, these capabilities position us to continue to serve customers more effectively and capture additional share of wallet growth through cross selling. We continue to expect this segment to outgrow its end markets served and deliver healthy mid to high single digit organic growth through the cycle. Our specialized reliability solution segment delivered record results across the board, including EBITDA margin above our 20% target for this segment. Thank you for joining us. We continue to advance the planned exit of the Greco businesses within our engineered building solutions segment. Excluding the Greco businesses, the segment delivered organic revenue growth, a solid EBITDA margin, and exited the quarter with a healthy order backlog and increasing book-to-bill ratio. We remain confident in this segment's outlook, differentiated product offering, and margin trajectory. At this time, I will turn the call over to James for a detailed review of our financial performance, and following his update, I will return with some closing comments.