California Water Service Group

Ladies and gentlemen, thank you for standing by. My name is Desiree and I will be your conference operator today. At this time, I would like to welcome everyone to the California Water Service Group first quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw a question again, Press the star 1. I would now like to turn the conference over to James Lynch, Senior Vice President, Chief Financial Officer, and Treasurer. You may begin.

Thank you, Desiree. Welcome, everyone, to the first quarter 2025 results call for California Water Service Group. With me today is Marty Kropelnicki, our Chairman and CEO. Replay dial-in information for this call can be found in our quarterly results earning release, which was issued earlier today. The call replay will be available until June 30th, 2025. As a reminder, before we begin, the company has a slide deck to accompany today's earnings call. The slide deck was furnished with an 8K and is also available on the company's website at www.calwatergroup.com. Before looking at our first quarter 2025 results, I'd like to cover forward-looking statements. During our call, we may make forward-looking statements And because these statements deal with future events, they are subject to various risks and uncertainties. And actual results could differ materially from the company's current expectations. As a result, we strongly advise all current shareholders and interested parties to carefully read the company's disclosures on risks and uncertainties found in our Form 10-K, Form 10-Q, press releases, and other reports filed from time to time with the Securities and Exchange Commission. And now I'll turn the call over to Marty.

Thanks, Jim. Good morning, everyone, and thanks for dialing in this morning to review our Q1 2025 results. We have a few items on the agenda today. One, we'll talk about the strong first quarter, and just to remind everyone, we are in the third year of the general rate case in the state of California, which is our largest subsidiary, and typically the first quarter is one of our more challenging quarters, but the Q1 of this year, actually, we did surprisingly well. We want to give you an update on our progress with the 2024 general rate case, which remains on track, talk about a couple of favorable decisions that we've had in both California and Hawaii on some other regulatory items, and finally give you an update on what's happening with the annual water supply in the West. And so before going into our topics today, I'm going to turn it over to Jim to walk us through the financials, which Jim, I think are a little confusing. But I think in the press release in the back, there's a reconciliation there that I found very helpful. I know I was preparing for today. So Jim, I'm going to turn it over to you.