COPT Defense Properties (CDP) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.996 Good day, ladies and gentlemen. Welcome to the COP Defense Properties First Quarter 2025 00:00:04.996 -- 00:00:09.721 Results Conference Call. As a reminder, today's call is being recorded. 00:00:09.721 -- 00:00:14.846 At this time, I will turn the call over to Venkat Komaneni, COP Defense's Vice President 00:00:14.846 -- 00:00:19.070 of Investor Relations. Mr. Komaneni, please go ahead. 00:00:19.070 -- 00:00:23.595 Thank you, Howard. Good afternoon, and welcome to COP Defense's conference call to discuss 00:00:23.595 -- 00:00:28.732 first quarter results. With me today are Steve Bedorek, President and CEO, Britt 00:00:28.732 -- 00:00:33.700 Snyder, Executive Vice President and COO, and Anthony Mistsud, Executive Vice President 00:00:33.700 -- 00:00:38.787 and CFO. Reconciliations of GAAP and non-GAAP financial measures that management 00:00:38.787 -- 00:00:44.335 discusses are available on our website in the results press release and presentation 00:00:44.335 -- 00:00:47.019 and in our supplemental information package. 00:00:47.019 -- 00:00:51.306 As a reminder, forward-looking statements made during today's call are subject to risks 00:00:51.306 -- 00:00:54.871 and uncertainties which are discussed in our SEC filings. 00:00:54.871 -- 00:00:58.621 Actual events and results can differ materially from these forward-looking statements 00:00:58.621 -- 00:01:01.646 and the company does not undertake a duty to update them. 00:01:01.646 -- 00:01:03.646 Steve? 00:01:04.311 -- 00:01:08.158 Good afternoon, and thank you for joining us. 00:01:08.158 -- 00:01:11.705 We're off to a strong start in 2025, 00:01:11.705 -- 00:01:18.337 and our meeting are in some cases on track to exceed all of our 2025 targets. 00:01:18.337 -- 00:01:23.843 Given ...