Comfort Systems USA, Inc.

Good day and welcome to the third quarter 2025 Conference Systems USA earnings conference call. After the speaker's presentation, there will be a question and answer session. To ask a question, please press star 1-1. To remove yourself from the queue, press star 1-1 again. As a reminder, this call may be recorded. I would now like to turn the call over to Julie Shafe, Chief Accounting Officer. Please go ahead.

Thanks, Michelle. Good morning. Welcome to Comfort Systems USA's third quarter 2025 earnings call. Our comments today, as well as our press releases, contain forward-looking statements within the meaning of the applicable securities laws and regulations. What we will say today is based upon the current plans and expectations of Comfort Systems USA. Those plans and expectations include risks and uncertainties that might cause actual future activities and results of our operations to be materially different from those set forth in our comments. You can read a detailed listing and commentary concerning our specific risk factors in our most recent Form 10-K and Form 10-Q, as well as in our press release covering these earnings. A slide presentation is provided as a companion to our remarks and is posted on the investor relations section of the company's website found at ComfortSystemsUSA.com. Joining me on the call today are Brian Lane, President and Chief Executive Officer, Trent McKenna, Chief Operating Officer, and Bill George, Chief Financial Officer. Brian will open our remarks.

All right. Thanks, Julie. Good morning, and thank you for joining us on the call today. Our amazing teams across the country continue to deliver excellent results for our customers, and they have delivered financial results that far exceed even our recent outcomes. We earned $8.25 per share this quarter, which is double what we earned in the same quarter last year. Our mechanical business had a sharp increase in profitability, and our electrical segment was higher as well. We also had favorable developments in some late stage projects that contributed to our great results. Construction is driving most of our results, but service revenue and profit also grew by double digit percentages. Our bookings were strong and our backlog at the end of the quarter grew to a new high of $9.4 billion. As a result of exceptional demand for our services, We achieved a second consecutive same store backlog increase of more than a billion, despite significant third quarter burn. We continue to book work with good margins and good working conditions for our valuable people. We entered the fourth quarter of 2025 with $3.7 billion more in backlog than last year at this time. I'm happy to announce the acquisition of two companies on October 1st. FZ Electrical, a contractor with strong industrial capabilities located in Grand Rapids, Michigan, and Meissner Electric, a contractor based in Boca Raton, Florida, with strong capabilities in healthcare and other attractive markets. We are thrilled to have these two companies doing the Comfort Systems USA family of companies, and we welcome them. Today we increased our quarterly dividend by 20% to $0.60 per share, and we have actively purchased shares during 2025. With solid bookings and great demand, we expect continuing growth and strong results in 2025 and 2026. TREC will discuss our operations and outlook in a few minutes, and I will make closing comments after our Q&A. But first, I will turn the call over to Bill to review our financial performance. Bill? Thanks, Brian.