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.

Donaldson Company, Inc.
3/1/2023
Good morning. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the Donaldson Company second quarter 2023 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press the star one. Thank you. Tarika Dodwell, Senior Director of Investor Relations.
You may begin your conference. Good morning.
Thank you for joining Donaldson's second quarter fiscal 2023 earnings conference call. With me today are Todd Carpenter, Chairman, CEO, and President, and Scott Robinson, Chief Financial Officer. This morning, Todd and Scott will provide a summary of our second quarter performance and an update on our outlook for fiscal 2023. As a reminder, we are now reporting our results under three segments, mobile solutions, industrial solutions, and life sciences. On January 25th, we provided an 8K showing select historical financial performance under this new segment structure. This 8K, as well as our regular supplemental quarterly earnings presentation, can be found on our investor relations website at ir.donaldson.com. During today's call, we will discuss non-GAAP or adjusted results. For the second quarter of fiscal 2023, non-GAAP results exclude 9.3 million of non-recurring pre-tax restructuring and other charges, largely related to our previously announced organizational redesign, as well as costs associated with the exiting of a lower margin customer program. A reconciliation of GAAP to non-GAAP metrics is provided within the schedules attached to this morning's press release. Additionally, please keep in mind that any forward-looking statements made during this call are subject to risks and uncertainties, which are described in our press release and SEC filings. With that, I'll now turn the call over to Todd Carpenter. Please go ahead.
You're reading a preview of the DCI Q2 2023 earnings call.
Free account.