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Fortive Corporation's (FTV) CEO Jim Lico on Q1 2021 Results - Earnings Call Transcript

May 01, 2021 8:24 AM ETFortive Corporation (FTV) Stock
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Fortive Corporation (NYSE:FTV) Q1 2021 Earnings Conference Call April 29, 2021 5:30 PM ET

Company Participants

Griffin Whitney - Vice President of Investor Relations

Jim Lico - President and Chief Executive Officer

Chuck McLaughlin - Senior Vice President and Chief Financial Officer

Conference Call Participants

Scott Davis - Melius Research

Julian Mitchell - Barclays

Jeff Sprague - Vertical Research

Steve Tusa - JPMorgan

Andrew Obin - Bank of America

Nigel Coe - Wolfe Research

Andy Kaplowitz - Citigroup

Deane Dray - RBC Capital Markets

Josh Pokrzywinski - Morgan Stanley

John Walsh - Credit Suisse

Scott Graham - Fortive

Amit Daryanani - Evercore

Joe Giordano - Cowen


Good afternoon. My name is Pasha, and I'll be your conference facilitator this afternoon. At this time, I would like to welcome everyone to the Fortive Corporation's First Quarter 2021 Earnings Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the call over to Mr. Griffin Whitney, Vice President of Investor Relations.

Mr. Whitney, you may begin your conference.

Griffin Whitney

Thank you, Pasha. Good afternoon, everyone, and thank you for joining us on the call. With us today are Jim Lico, our President and Chief Executive Officer; and Chuck McLaughlin, our Senior Vice President and Chief Financial Officer.

We present certain non-GAAP financial measures on today's call. Information required by SEC Regulation G relating to these non-GAAP financial measures are available on the Investors section of our website, www.fortive.com, under the heading, Investors Quarterly Results.

We completed the separation of our Industrial Technologies segment through the spinoff of Vontier Corporation on October 9, 2020, and have accordingly included the results of the Industrial Technologies segment as discontinued operations. The results presented

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