Elbit Systems Ltd. (ESLT) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.574 Welcome to Elbit Systems' first quarter 2025 results 00:00:03.574 -- 00:00:08.719 conference call. All participants are present in listen-only mode. 00:00:08.719 -- 00:00:12.362 Following management's formal presentation, instructions will be given for the question 00:00:12.362 -- 00:00:14.364 and answer session. 00:00:14.364 -- 00:00:17.867 As a reminder, this conference is being recorded. 00:00:17.867 -- 00:00:20.129 I would now like to hand the call over to Ms. 00:00:20.129 -- 00:00:25.234 Daniella Finn, Elbit Systems' Vice President of Investor Relations. 00:00:25.234 -- 00:00:27.476 Daniella, please go ahead. 00:00:27.476 -- 00:00:32.929 Thank you, Nathan. Good day, everyone, and welcome to our first quarter 2025 earnings 00:00:32.929 -- 00:00:38.540 call. On the call with me today are Butzi Mutlis, President and CEO of Elder Systems, 00:00:38.540 -- 00:00:43.569 and Kobi Kagan, CFO. Before we begin, I would like to point out 00:00:43.569 -- 00:00:48.318 that the safe harbor statement in the company's patch release issued earlier today also 00:00:48.318 -- 00:00:51.938 refers to the content of this conference call. 00:00:51.938 -- 00:00:57.043 As usual, we will provide you with both GAAP financial data as well as certain 00:00:57.043 -- 00:00:59.866 supplemental non-GAAP information. 00:00:59.866 -- 00:01:04.871 We believe that this non-GAAP information provides additional details to help understand 00:01:04.871 -- 00:01:07.754 the performance of the ongoing business. 00:01:07.754 -- 00:01:12.498 You can find the detailed GAAP financial data as well as the non-GAAP information and 00:01:12.498 -- 00:01:16.763 the reconsolidation in today's press week. 00:01:16.763 -- 00:01:20.677 We will begin by providing a discussion of the ...