Atmus Filtration Technologies Inc. (ATMU) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Investor Relations, you may begin. Thank you, Kayla. Good morning, everyone, and welcome to the Atmos Filtration Technologies first quarter 2025 earnings call. On the call today, we have Steph Fisher, Chief Executive Officer, and Jack Kinzler, Chief Financial Officer. Certain information presented today will be forward-looking and involve risks and uncertainties that could materially affect expected results. Please refer to the slides on our website for the disclosure of the risks that could affect our results and for reconciliation of any non-GAAP measures referred to on our call. For additional information, please see our SEC filings and the investor relations pages available on our website at ATMIS.com. Now, I'll turn the call over to Steph. Thank you, Todd, and good morning, everyone. Our team achieved another quarter of solid results by delivering industry-leading filtration solutions for our customers. I want to thank our global team for their dedication and hard work to start 2025. On the call today, I will provide a summary of our first quarter financial results and our outlook for 2025. I will also share our progress on executing our four pillar growth strategy. Jack will then provide a detailed review of our financial results. We continue to execute our capital allocation program, balancing share repurchases with a consistent dividend return. During the first quarter, we repurchased another $10 million of stock, bringing our total amount repurchased since the program announcement last July to $30 million. We have $120 million remaining under our board authorization and expect to continue returning capital to shareholders throughout the remainder of the year. We have also made significant progress on our operational separation from our former parent Cummins ...