2/1/2024

speaker
Operator

Tetra Tech is also simulcasting this presentation with slides in the investor section of its website at tetratech.com. This call is being recorded at the request of Tetra Tech, and this broadcast is the copyrighted property of Tetra Tech. Any rebroadcast of this information in whole or part without the prior written permission of Tetra Tech is prohibited. With us today for management are Dan Batrak, Chairman and Chief Executive Officer, Chief Burdick, Chief Financial Officer, Jill Hudkins, President, and Leslie Shoemaker, Chief Sustainability Officer. They will provide a brief overview of the results and then we'll open the call for questions. I would like to direct your attention to the Safe Harbor Statement in today's presentation. Today's discussion contains forward-looking statements about future business and financial expectations. Actual results may differ significantly from those projected in today's forward-looking statements due to various risks and uncertainties. including the risks described in Tetra Tech's periodic reports filed with the SEC. Except as required by law, Tetra Tech undertakes no obligation to update its forward-looking statement. In addition, since management will be presenting some non-GAAP financial measures as references, the appropriate GAAP financial reconciliations are posted in the Invested section of Tetra Tech's website. At this time, I would like to inform you all that participants are in a listen-only mode. At the request of the company, we will open up the conference for questions and answers after the presentation. With that, I would now like to turn the call over to Dan Batrack. Please go ahead, Mr. Batrack.

speaker
Dan Batrak
Chairman and Chief Executive Officer

Great. Thank you very much, Paul, and good morning. And welcome to our first quarter of fiscal year 2024 earnings conference call. We're looking forward to sharing with you Tetra Tech's first quarter results and how we're building on our record-breaking 2023 performance. We just celebrated our first year since the RPS group joined us, and we couldn't be happier with their successful transition into the greater Tetra Tech. As a pure play global leader in high-end water and environmental consulting, our future outlook is strong. It speaks to the success of our strategy to focus on the entire full water cycle. And you're going to hear a lot more about this today from both Jill Hutkins and from Leslie Shoemaker. Our leading with science approach is led by our talented workforce of scientists, data analysts, and engineers who leverage our Tetra Tech Delta digital tool solutions and performing their work every day. Our Delta technologies not only include analytic tools that make us best in class, but also includes software and applications that are being subscribed to by our clients. Based on our strong first quarter and the outlook that we see for the rest of the fiscal year we've raised our full year guidance for net revenue and increased earnings per share guidance to reflect a 20% growth rate year over year. And while we report our financials on a US GAAP basis for our international investors we've included some IFR metrics for their reference. I'll begin with an overview of the quarter. Steve Burdick, our Chief Financial Officer, will provide an overview of our financial performance and our capital allocation strategy. And Jill Hudkins and Dr. Leslie Shoemaker are going to provide today an overview of our differentiated water services.

speaker
Moderator

Our first quarter results build on the record performance results that we had just last year.

Disclaimer

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