Enerpac Tool Group Corp.

Ladies and gentlemen, thank you for standing by. Welcome to InterPAC Tool Group's second quarter fiscal 2024 earnings conference call. As a reminder, this conference is being recorded March 21st, 2024. It is now my pleasure to turn the conference over to Travis Williams, Director of Investor Relations. Please go ahead, Mr. Williams.

Thank you, Operator. Good morning, and thank you for joining us for Interpac Tool Group's second quarter fiscal 2024 earnings call. On the call today to present the company's results are Paul Sternlieb, President and Chief Executive Officer, and Shannon Burns, our Interim Principal Financial Officer. Our slides and a recording of today's call will be available on the Interpac's website in the investor section. Today's call will reference non-GAAP measures. You can find a reconciliation of GAAP to non-GAAP measures in the press release issued yesterday. Our comments will also include forward-looking statements that are subject to business risk that could cause actual results to be materially different. Those risks include matters noted in our latest SEC filing. Now I will turn it over to Paul.

Thanks, Travis, and good morning, everyone. Interpac posted another solid quarter despite the broader macro environment and the overall slowdown in the industrial sector. We were particularly pleased with the second quarter margin expansion. as we've made further progress improving our operating efficiency and SG&A productivity. Moreover, we believe organic sales growth in our industrial tools and services, or IT&S segment, of 3% continues to outpace the marketplace. At the halfway point in fiscal 2024, with organic revenue growth of 4% and adjusted EBITDA growth of 18%, We remain on track to achieve our full year guidance. And we continue to make solid progress toward our longer term goals as we take Interpac to the next level of growth and profitability. I'd like to welcome Shannon Burns to the call. Shannon is serving as our interim CFO as we continue the search process. He is a seasoned finance executive who leads Interpac's business decision support office and brings financial leadership experience from several other major corporations. I'll let Shannon review our second quarter performance. Then I will speak about geographic trends, product innovation, and a few key initiatives that will continue to advance Interpac's progress as a premier industrial solutions provider. Shannon? Thanks, Bob.