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Flowserve Corporation (FLS) CEO Scott Rowe on Q1 2022 Results - Earnings Call Transcript

May 03, 2022 3:17 PM ETFlowserve Corporation (FLS)
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Flowserve Corporation (NYSE:FLS) Q1 2022 Earnings Conference Call May 3, 2022 11:00 AM ET

Company Participants

Jay Roueche - Vice President, Investor Relations and Treasurer

Scott Rowe - President and Chief Executive Officer

Amy Schwetz - Senior Vice President and Chief Financial Officer

Conference Call Participants

Deane Dray - RBC Capital Markets

Andy Kaplowitz - Citigroup

John Walsh - Credit Suisse

Nathan Jones - Stifel

Joe Giordano - Cowen

Joe Ritchie - Goldman Sachs


Good day and welcome to the Q1 2022 Flowserve Corporation Earnings Conference Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Jay Roueche, Vice President, Investor Relations and Treasurer. Please go ahead, sir.

Jay Roueche

Thank you, Sarah and good morning everyone. We appreciate you participating in our conference call today to discuss Flowserve’s first quarter 2022 financial results. On the call with me this morning are Scott Rowe, Flowserve’s President and Chief Executive Officer and Amy Schwetz, Senior Vice President and Chief Financial Officer. Following our prepared comments, we will open the call for questions. As a reminder, this event is being webcast and an audio replay will be available.

Please also note that our earnings materials do and this call will include non-GAAP measures and contain forward-looking statements. These statements are based upon forecasts, expectations and other information available to management as of May 3, 2022 and they involve risks and uncertainties, many of which are beyond the company’s control. We encourage you to fully review our Safe Harbor disclosures as well as our reconciliation of our non-GAAP measures to our reported results, both of which are included in our press release and earnings presentation and are accessible on our website at flowserve.com in the Investor Relations section.

I would now like to turn

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