Donaldson Company, Inc. (DCI) Q3 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Donaldson Company, Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.470 -- 00:00:05.398 Good morning and welcome to Donaldson's third quarter fiscal 2025 earnings conference 00:00:05.398 -- 00:00:07.241 call and webcast. 00:00:07.241 -- 00:00:11.187 All lines will be muted during the presentation portion of the call, with an opportunity 00:00:11.187 -- 00:00:15.514 for questions and answers at the end. If you would like to ask a question, please press 00:00:15.514 -- 00:00:18.378 star one on your telephone keypad. 00:00:18.378 -- 00:00:23.005 Today's conference is being recorded. I would now like to turn the call over to Sarika 00:00:23.005 -- 00:00:26.751 Dodd-Wall, Senior Director of Investor Relations at ESG. 00:00:26.751 -- 00:00:31.853 Please go ahead. Good morning. Thank you for joining Donaldson's third quarter fiscal 00:00:31.853 -- 00:00:37.100 2025 earnings conference call. With me today are Todd Carpenter, Chairman, 00:00:37.100 -- 00:00:42.126 President, and CEO, and Brad Pogles, Chief Financial Officer. 00:00:42.126 -- 00:00:46.813 This morning, Todd and Brad will provide a summary of our third quarter performance and 00:00:46.813 -- 00:00:50.588 our updated outlook for fiscal 2025. 00:00:50.588 -- 00:00:54.856 During today's call, we will discuss non-GAAP or adjusted results. 00:00:54.856 -- 00:01:00.385 For third quarter 2025, non-GAAP results exclude pre-tax charges of $62 00:01:00.385 -- 00:01:05.594 million for the impairment of certain intangible assets for our two upstream 00:01:05.594 -- 00:01:11.024 bioprocessing businesses, Universal Technologies and Solaris. 00:01:11.024 -- 00:01:16.699 Results also exclude pre-tax charges of $4.2 million for restructuring 00:01:16.699 -- 00:01:22.669 related to footprint optimization and cost reduction initiatives, $800,000 00:01:22.674 -- 00:01:27.756 for bus...