Via Renewables, Inc.

Good morning, ladies and gentlemen. Welcome to the Via Renewables, Inc. Third Quarter 2023 Earnings Conference Call. My name is John, and I will be your operator for today. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded for replay purposes, and this call will be posted on Via Renewable, Inc.' 's website. I would now like to turn the conference over to Mr. Stephen Rabelais with Via Renewables, Inc. Please go ahead, sir.

Thank you. Good morning and welcome to VIA Renewables' third quarter 2023 earnings call. This call is also being broadcast via webcast, which can be located in the investor relations section of our website at viarenewables.com. With us today from management is our CEO, Keith Maxwell, and CFO, Mike Barajas. Please note that today's discussion may contain forward-looking statements, which are based on assumptions that we believe to be reasonable as of this date. Actual results may differ materially. we urge everyone to review the Safe Harbor Statement and yesterday's earnings release, as well as the risk factors in our SEC filings. We undertake no obligation to update these statements as a result of future events, except as required by law. In addition, we will refer to both GAAP and non-GAAP financial measures. For information regarding our non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures, please refer to yesterday's earnings release. With that, I'll turn the call over to Keith Maxwell, our CEO.

Thank you, Stephen. I want to welcome everyone to today's earning call. I'll begin by providing a summary of results for the third quarter, and then our CFO, Mike Brahas, will provide more details on the financials. In the third quarter, we recorded EBITDA of $12.8 million, which is $2.3 million decrease from the prior year of $15.1 million. In the third quarter, we experienced relatively mild weather in the northeast. as well as one of the hottest summers on record in the aircraft service area. However, we were able to successfully navigate the quarter due to our proven risk policies and portfolio diversification. We finished the quarter on both lower attrition and a slightly higher RCE count from the third quarter of 2022. We continue to maintain our focus on organic growth channels and customer retention. We added approximately 24,000 RCEs this quarter. Furthermore, we remain committed to strengthening our balance sheet by paying down debt, which has improved our liquidity and working capital. Financial flexibility provides us with the ability to pursue strategic growth opportunities and mitigate the impacts of unforeseeable future weather events. This concludes my prepared remarks. Now I'll turn it over to Mike for his financial Mike?