Mesa Laboratories, Inc. (MLAB) Q1 2027 Earnings Call Transcript

Mesa Laboratories, Inc. (MLAB) Q1 2027 Earnings Call August 10, 2026 4:30 PM EDT Company Participants Doug Farrell Siddhartha Kadia - CEO, President & Director John Sakys - VP & CFO Conference Call Participants Paul Knight - KeyBanc Capital Markets Inc., Research Division Presentation Operator Good afternoon and thank you for joining us to discuss Mesa Laboratories First Quarter 2027 Earnings Call. A replay of this webcast will also be made available on our website after the call. As a reminder, this conference is being recorded. Our speakers today are Siddhartha Kadia, President and Chief Executive Officer, John Sakys, Vice President and Chief Financial Officer, and Doug Farrell, Investor Relations. It is now my pleasure to introduce Doug Farrell. Thank you. Mr. Farrell, you may begin. Thank you, Jen. Doug Farrell Please be advised that our remarks today, including answers to your questions, include forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward looking statements include those relating to future financial and operational results, future taxes, future strategic and operational initiatives, new products, and our future net leverage ratio. Words such as seek, expect, plan, intend, anticipate, believe, could, should, estimate, may, project, and target, and similar expressions may also identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Those include risks relating to market acceptance of and demand for our products. Our ability to execute on strategic, commercial, and operational initiatives and achieve the anticipated benefits from those initiatives. Potential issues relating to our manufacturing, fulfillment, supply chain performance, possible changes in customer purchasing patterns, the development and success of new products and product launches, regulatory matters, the effect on our business of capital allocation decisions and debt reduction initiatives, expected tax rates, national and global economic conditions, and