Hubbell Inc

Thank you for standing by and welcome to the Hubble Incorporated Second Quarter 2026 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 1-1 on your telephone. If your question has been answered and you'd like to remove yourself from the queue, simply press star 1-1 again. We ask that in the interest of time that you please limit yourself to one question and one follow-up. You may get back in the queue as time allows. As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Dan Innamorato, Vice President, Investor Relations. Please go ahead, sir.

Thanks, operator. Good morning, everyone, and thank you for joining us. Earlier this morning, we issued a press release announcing our results for the second quarter of 2026. The press release and slides are posted in the investor section of our website at hubble.com. I'm joined today by our chairman, president, and CEO, Gerben Bakker, and our CFO, Joe Capozzoli. Please note our comments this morning may include statements related to the expected future results of our company. These are forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Please note the discussion of forward-looking statements in our press release and consider it incorporated by reference into this call. Additionally, comments may also include non-GAAP financial measures.

Those measures are reconciled to the comparable gap measures which are included in the press release and slides. Now let me turn the call over to Gerben. Great. Thanks, Dan. Good morning, and thank you for joining us to discuss Hubble's second quarter 2026 results. Hubble delivered strong financial performance with double-digit growth in sales, adjusted operating profit, and adjusted earnings per share in the second quarter, as well as year-to-date through the first half of 2026. Our strong positions in attractive end markets, as well as continued execution on our strategy, are demonstrated by our first half performance. As megatrends continue to accelerate, most notably in data center markets and load growth related investment in utility T&D markets, we are seeing continued strength in our order book, which gives us increased visibility to our second half outlook. Operationally, we are managing inflation effectively through price and productivity actions, investing in capacity expansion to serve our customers in high growth areas, and deploying capital to further upgrade our portfolio in high growth and margin areas within our core. We are raising our full year 2026 guidance this morning to reflect double digit growth in organic sales, adjusted operating profits, and adjusted earnings per share at the midpoint of our range. Turning to page four, we're pleased to have closed on the previously announced acquisition of NSI in early June. NSI is a business we know very well and have followed for a long time. It operates in markets with common customers, similar manufacturing processes and a broad portfolio of critical electrical components with low cost of ownership and high cost of failure. The acquisition of NSI fits squarely within our overall strategy and enables us to double down on our attractive core while adding another high growth, high margin business to our portfolio. Strategically acquiring a leading electrical fittings brand in Bridgeport Fittings fills a key product line gap in our HES segment in a high value niche. While the Polaris brand complements our leading Burndy brand in electrical grounding and connectors, and NSI's exposure in network infrastructure provides opportunity to further penetrate datacom, broadband, and data center markets. We're also confident that the addition of NSI will further accelerate our successful HES segment unification journey, which has resulted in market outgrowth and significant margin expansion over the last several years. Our recent Salesforce realignment and vertical market investment will enable enhanced cross-selling and deeper penetration into high-growth verticals, while the leverage of scale and best practices across the two strong businesses will drive long-term productivity and cost savings, enhanced service, and optimization of capacity and manufacturing processes. Now let me turn the call over to Joe to give you some more details on the financial impact of the NSI acquisition, as well as our second quarter results.