Textron Inc. (TXT) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.892 Thank you, 00:00:04.676 -- 00:00:06.676 Emily, 00:00:06.918 -- 00:00:08.918 and 00:00:13.445 -- 00:00:15.106 good morning, everyone. 00:00:15.106 -- 00:00:19.731 Before we begin, I'd like to mention that we'll be discussing future estimates and expectations 00:00:19.731 -- 00:00:24.516 during our call today. These forward-looking statements are subject to various risk factors, 00:00:24.516 -- 00:00:29.140 which are detailed in our SEC filings and also in today's press release. 00:00:29.140 -- 00:00:33.966 On the call today, we have Scott Donnelly, Techfront's chairman and CEO, and David Rosenberg, 00:00:33.966 -- 00:00:36.390 our chief financial officer. 00:00:36.390 -- 00:00:39.614 Our earnings call presentation can be found in the investor relations section of our 00:00:39.614 -- 00:00:41.614 website. 00:00:41.657 -- 00:00:47.404 Revenues in the quarter were $3.3 billion, up $171 million from last year's first quarter. 00:00:47.404 -- 00:00:51.470 Segment profit in the quarter was $280 million, down $10 million from the first quarter 00:00:51.470 -- 00:00:53.530 of 2024. 00:00:53.828 -- 00:00:58.815 During this year's first quarter, adjusted income from continuing operations was $1.28 00:00:58.815 -- 00:01:03.562 per share compared to $1.20 per share in last year's first quarter. 00:01:03.562 -- 00:01:08.469 Manufacturing cash flow before pension contributions reflected a use of cash of $158 00:01:08.469 -- 00:01:14.137 million compared to a use of cash of $81 million in last year's first quarter. 00:01:14.137 -- 00:01:16.640 With that, I'll turn the call over to Scott. 00:01:16.640 -- 00:01:18.583 Thanks, Scott, and good morning, everyone. 00:01:18.583 -- 00:01:24.288 Overall, revenues were up 5% led by Bell, partially offset by...