Solventum Corporation (SOLV) Q3 2024 Earnings Call Transcript

Solventum Corporation (NYSE:SOLV) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET

Company Participants

Kevin Moran – SVP, IR
Bryan Hanson – CEO
Wayde McMillan – CFO

Conference Call Participants

Travis Steed – Bank of America
Patrick Wood – Morgan Stanley
Vik Chopra – Wells Fargo
David Roman – Goldman Sachs
Rick Wise – Stifel
Ryan Zimmerman – BTIG
Jason Bednar – Piper Sandler
Chris Senyek – Wolfe Research

Operator

Good afternoon. My name is Amy, and I will be your conference operator for today. At this time, I would like to welcome everyone to the Solventum Third Quarter 2024 Earnings Call. As a reminder, this conference is being recorded. 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].

Thank you. I would now like to turn the program over to your host for today’s conference, Kevin Moran, Senior Vice President of Investor Relations. Please proceed.

Kevin Moran

Good afternoon and welcome. Today, we will discuss Solventum’s third quarter fiscal 2024 results, along with an update to our 2024 outlook.

Just after market close today, a press release was issued with our earnings results and updated outlook. The press release and earnings presentation are available on the Investors section of the Solventum website. Joining me today are Bryan Hanson, our Chief Executive Officer; and Wayde McMillan, our Chief Financial Officer.

During the call, we will be making forward-looking statements that are subject to risks and uncertainties. For a full description of these risks and uncertainties, please refer to our SEC filings and the forward-looking statement slide at the beginning of our presentation.

Please note that during our discussion, our comments will all be on a non-GAAP basis, unless they are specifically called out as GAAP. GAAP