Ladies and gentlemen, good morning. And welcome to the Select Water Solutions Fourth Quarter and Year End 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation [Operator Instructions]. As a reminder, this conference is being recorded.

American States Water shares have decreased 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $74.57, a drop of 2% in the last 12 months. This story was generated by Automated Insights ( using data from Zacks Investment Research.

American States Water (AWR) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.

Q4 2024 Management View CEO John Schmitz highlighted that 2024 was a record-setting year for Select Water Solutions, marked by 26% annual revenue growth and a 62% increase in annual gross profit in the Water Infrastructure segment.