Badger Meter, Inc. (BMI) Q2 2026 Earnings Call

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WEBVTT 00:00:00.952 -- 00:00:05.733 Ladies and gentlemen, welcome to the second quarter 2026 00:00:05.733 -- 00:00:10.914 Badger Meter earnings conference call. After today's prepared remarks, we will 00:00:10.914 -- 00:00:16.236 host a question and answer session. If you would like to ask a question, please 00:00:16.236 -- 00:00:21.377 press star one to raise your hand. To withdraw your question, press star 00:00:21.377 -- 00:00:26.649 one again. It is now my pleasure to turn the conference call over to Dan 00:00:26.649 -- 00:00:30.532 Weltzien, Chief Financial Officer and Treasurer. 00:00:30.532 -- 00:00:33.873 Please go ahead, Mr. Weltzien. 00:00:34.235 -- 00:00:39.239 Good morning. Thank you for joining the Badger Meter second quarter 2026 earnings conference 00:00:39.239 -- 00:00:43.903 call. I'm here today with Ken Bockhorst, our Chairman, President, and Chief Executive 00:00:43.903 -- 00:00:49.207 Officer, and Bob Rocklage, our Executive Vice President of North America Municipal 00:00:49.207 -- 00:00:54.163 Utilities. This morning we posted the earnings release and related slide presentation 00:00:54.163 -- 00:00:59.170 on our website. As a quick reminder, any forward-looking statements made on this call 00:00:59.170 -- 00:01:03.857 are subject to various risks and uncertainties, the most important of which are outlined 00:01:03.857 -- 00:01:08.866 in our news release and SEC filings. On today's call, we may refer to certain 00:01:08.866 -- 00:01:13.891 non-GAAP financial metrics, including base results, which exclude the impact of 00:01:13.891 -- 00:01:17.834 UDLive acquired May 1st, 2026. 00:01:17.834 -- 00:01:22.859 Our release and earnings presentation provide a reconciliation between the most 00:01:22.859 -- 00:01:27.823 directly comparable GAAP measure a...