Hubbell Inc

Thank you for standing by, and welcome to Hubble's third quarter, 2026, earnings conference call. Currently, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. To remove yourself from the queue, you may press star 11 again. I would now like to hand the call over to Dan Innamorato, Investor Relations. Please, go ahead.

Thanks, Operator. Good morning, everyone, and thank you for joining us. Earlier this morning, we issued a press release announcing our results for the third quarter of 2026. The press release and slides are posted to 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. 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 considered incorporated by reference into this call. Additionally, comments may also include non-GAAP financial measures. Those measures are reconciled to the comparable GAAP measures which are included in the press release and slides. Now let me turn the call over to Gerben.

Good morning and thank you for joining us to discuss Hubble's third quarter 2026 results. I will start my comments by summarizing three main themes we are seeing across the business in 2026. The first is that demand for Hubble's critical infrastructure solutions remains strong. We see this clearly in our order book, year-to-date backlog build, and in long-term planning discussions with our utility and electrical end customers. Second, we are proactively investing to serve this strong demand. These investments have varying profiles across businesses, product lines, and factory footprint. Some areas such as data center balance of system, electrical components, and certain transmission and substation product categories are coming online quickly and are driving out performance in 2026. While some investment in the same high growth markets will enable us to serve longer term visible Project Demand in 2027 and beyond. What is consistent across the capital investment program as a whole is a highly attractive return profile accretive to our overall ROIC, which will enable us to grow our leading position in our core end markets over the next several years. And finally, we are managing effectively through a dynamic supply chain and inflationary environment. While broad-based inflation persists, We continue to aggressively drive price and productivity actions across our portfolio. Our recent track record, our unique positions in our end markets, and our visibility on actions taken and in progress give us confidence in our ability to continue to manage the price-cost productivity equation to neutral or better through the cycle. Looking more specifically at the third quarter, Hubbell delivered strong financial performance with double digit growth in sales, adjusted operating profit, adjusted earnings per share, and free cash flow in the quarter as well as on a year-to-date basis. Third quarter performance was highlighted by 22% organic growth in electrical solutions, driven by data center sales increasing more than 80% in the quarter on an organic basis, as well as continued progress on our segment unification efforts and vertical market strategy. The NSI acquisition is off to a strong start, with performance and integration efforts trending ahead of our initial expectations. The utility solution results were solid in the quarter, with strong core T&D performance offsetting a temporary component availability headwind in our meters business. We are raising our full year 2026 outlook this morning, primarily driven by stronger growth outlook in the electrical solutions. As we look ahead to 2027, We see an attractive growth outlook across our largest, highest margin and markets. And I'll talk further about the preliminary views on next year at the end of this call. But now let me turn the call over to Joe to provide some details in the third quarter.