Operator

Good day, and thank you for standing by. Welcome to NFI 2026 First Quarter Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to turn the conference over to your speaker for today, Stephen King. Please go ahead.

Stephen King
Vice President of Strategy & Investor Relations

Thank you, Lisa, and good morning, everyone. Joining me today are John Sapp, President and Chief Executive Officer; and Brian Dewsnup, Chief Financial Officer. On today's call, we will recap the quarter, which included a clear continuation of our operational recovery, strong margin expansion and earnings growth driven by improved manufacturing margins and our backlog conversion. John will also provide the latest details on our outlook and our reaffirmed 2026 guidance. This call is being recorded, and a replay will be made available shortly.

We will be referring to a presentation that can be found in the Financials and Filings section of our website. As we move through the slides via the webcast link, we will call out the slide. On Slide 2, we provide our cautionary or forward-looking statements and note that certain financial measures referenced today are not recognized earnings measures and do not have standardized meanings prescribed by International Financial Reporting