Flowserve Corporation (FLS) Q1 2025 Earnings Conference Call Transcript

Core Viewpoint - Flowserve Corporation reported a strong performance in Q1 2025, highlighting growth in bookings and revenue, along with improved margins [4]. Financial Performance - Bookings increased by 18% year-over-year to $1.2 billion [5]. - Revenue rose by 5% compared to the previous year [5]. - Adjusted gross margins expanded by 180 basis points to 33.5% [5]. - Adjusted operating margins were reported at 12.8%, with incremental margins exceeding 50% for the quarter [5].