Carrier Global Corporation (CARR) Q1 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.098 Good morning and welcome to Carrier's first quarter 2025 earnings conference 00:00:05.098 -- 00:00:10.105 call. I would like to introduce your host for today's conference, Michael Redner, 00:00:10.105 -- 00:00:15.751 Vice President of Investor Relations. Please go ahead. 00:00:16.234 -- 00:00:21.041 Good morning and welcome to Carrier's first quarter 2025 earnings conference call. 00:00:21.041 -- 00:00:25.307 On the call with me today are David Gitlin, Chairman and Chief Executive Officer, and 00:00:25.307 -- 00:00:30.012 Patrick Gores, Chief Financial Officer. Except where otherwise noted, the company will 00:00:30.012 -- 00:00:34.817 speak to results from continuing operations, excluding restructuring costs, amortization 00:00:34.817 -- 00:00:39.821 of acquired intangibles, and certain significant non-recurring items, such as acquisition 00:00:39.821 -- 00:00:44.906 and divestiture-related costs. A reconciliation of these and other non-GAAP financial 00:00:44.906 -- 00:00:47.949 measures can be found in the appendix of the webcast. 00:00:47.949 -- 00:00:51.813 We also remind listeners that the presentation contains forward-looking statements, which 00:00:51.813 -- 00:00:56.818 are subject to risks and uncertainties. Carrier's SEC filings, including our Form 00:00:56.818 -- 00:01:01.882 10-K, and quarterly reports on Form 10-Q provide details on important factors 00:01:01.882 -- 00:01:06.505 that could cause actual results to differ materially. 00:01:06.847 -- 00:01:10.711 One additional note, as you probably saw in both the press release and webcast presentation 00:01:10.711 -- 00:01:14.795 this morning, we announced our revised reportable segments and segment profitability 00:01:14.795 -- 00:01:19.440 measures, so we will be spe...