Ameresco, Inc.

Good day and thank you for standing by. Welcome to the first quarter of 2024 Amerisco Earnings Conference Call. At this time, all participants are in listen-only mode. After this speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Lilla Denning, Senior Vice President, Marketing. Please go ahead.

Thank you, and good afternoon, everyone. We appreciate you joining us for today's call. Joining me here are George Sakolaris, MRS GOES Chairman, President, and Chief Executive Officer. Doran Holt, Executive Vice President and Chief Financial Officer. and Mark Duplass, Senior Vice President and Chief Accounting Officer. Before I turn the call over to George, I would like to make a brief statement regarding forward-looking remarks. Today's earnings materials contain forward-looking statements, including statements regarding our expectations. All forward-looking statements are subject to risks and uncertainties. Please refer to today's earnings materials the Safe Harbor language on slide two of our supplemental information, and our SEC filings for a discussion of the major risk factors that could cause our actual results to differ from those in our forward-looking statements. In addition, we used several non-GAAP measures when presenting our financial results. We have included the reconciliations to these measures in our supplemental information. I will now turn the call over to George. George?

Thank you, Leila, and good afternoon, everyone. We are pleased with our first quarter performance, as the team's focus on execution drove growth across our four business lines, as well as significant results in our business development activities. The actions we have taken to optimize our organization are already driving a positive impact across our companies and positioning Amoresco to capture the substantial opportunities in front of us. First quarter revenue exceeded our guidance, led by strong execution for our projects group and complemented by growth in our other business lines. Additionally, the momentum of business development has continued to show strength with new project wins and energy asset development activity laying the foundation for good, profitable growth. Our focus in cash generation is also yielding positive results, as Doran will discuss later in this call. The current market demand for energy efficiency and renewable energy solutions remains robust across our technologies, geographies, and customer base. But this demand is continuing to stretch industry supply chains, create tight labor markets, and generally lengthen overall timetables. I am pleased to say that these industry issues seem to be leveling out, and we remain cautiously optimistic. And as we discussed last quarter, Maresco is adapting to the new industry environment and the tremendous growth opportunities in front of us. We continue to refine our approach to drive increased wind rates, expand project margins, and accelerate the speed of implementation. We have reorganized our corporate structure to bring more uniformity and scalability across all of our geographies and business units. We have also focused our business development efforts on larger contracts in our core areas of expertise and our traditional customer base. This is already helping us to increase our project win rates, and we are seeing early signs of improving gross margins in our total project backlog. We have, however, anticipated the continuation of these industry challenges in our approach to forecasting and guidance. And with our solid start to the year, plus the visibility from our contracted backlog and our energy asset and NM revenue streams, we are pleased to reaffirm our full year guidance. I will now turn the call over to Doran to comment on our financial performance and outlook. Doran?