Balchem Corporation (BCPC) Q3 2024 Earnings Call Transcript

Oct. 25, 2024 5:30 PM ETBalchem Corporation (BCPC) StockBCPC
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Q3: 2024-10-25 Earnings Summary

EPS of $1.13 beats by $0.01
 | Revenue of $239.94M (4.35% Y/Y) misses by $1.99M

Balchem Corporation (NASDAQ:BCPC) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET

Company Participants

Martin Bengtsson - Chief Financial Officer
Ted Harris - Chairman, President and Chief Executive Officer

Conference Call Participants

Robert Labick - CJS Securities
Raghuram Selvaraju - H.C. Wainwright & Co
Kyle May - Sidoti and Company

Operator

Greetings, and welcome to the Balchem's Third Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

And it is now my pleasure to introduce to you Martin Bengtsson, CFO. Thank you, Martin. You may begin.

Martin Bengtsson

Thank you, and good morning, everyone. Thank you for joining our conference call this morning to discuss the results of Balchem Corporation for the quarter ending September 30, 2024. My name is Martin Bengtsson, Chief Financial Officer; and hosting this call with me is Ted Harris, our Chairman, President and CEO.

Following the advice of our counsel, auditors and the SEC, at this time, I would like to read our forward-looking statements. Statements made in today's call that are not historical facts are considered forward-looking statements. We can give no assurance that the expectations reflected in forward-looking statements will prove correct, and various factors could cause actual results to differ materially from our expectations, including risks and factors identified in Balchem's most recent Form 10-K, 10-Q and 8-K reports. The company assumes no obligation to update these forward-looking statements.

Today's call and commentary also include non-GAAP financial measures. Please refer to the reconciliations in our earnings release for further details.

I will now turn the call over to Ted Harris, our Chairman, President and CEO.

Ted Harris

Thanks, Martin. Good morning, and welcome to our conference call. This morning, we reported strong

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