Five Point Holdings (FPH) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.756 Greetings and welcome to the Five Point Holdings second quarter 2025 conference call. 00:00:05.756 -- 00:00:08.839 As a reminder, this call is being recorded. 00:00:08.839 -- 00:00:12.723 Today's call may include forward-looking statements regarding Five Point's business, 00:00:12.723 -- 00:00:18.489 financial condition, operations, cash flow, strategy, acquisitions, and prospects. 00:00:18.489 -- 00:00:22.612 Forward-looking statements represent Five Point's estimates on the date of this conference 00:00:22.612 -- 00:00:27.419 call and are not intended to give any assurance as to actual future results. 00:00:27.419 -- 00:00:31.044 Because forward-looking statements relate to matters that have not yet occurred, these 00:00:31.044 -- 00:00:34.269 statements are inherently subject to risk and uncertainties. 00:00:34.269 -- 00:00:38.915 Many factors could affect future results and may cause Five Points actual activities 00:00:38.915 -- 00:00:43.461 or results to differ materially from the activities and results anticipated in forward-looking 00:00:43.461 -- 00:00:48.608 statements. These filings include those described in today's press release and Five Points 00:00:48.608 -- 00:00:53.716 SEC filings, including those in the risk factor section of Five Points' most recent 00:00:53.716 -- 00:00:57.676 annual report on Form 10-K filed with the SEC. 00:00:57.676 -- 00:01:02.883 Please note that FivePoint assumes no obligation to update any forward-looking statements. 00:01:02.883 -- 00:01:07.069 Now I would like to turn the call over to Dan Hedigan, President and Chief Executive 00:01:07.069 -- 00:01:09.069 Officer. 00:01:09.553 -- 00:01:11.853 Thank you, Paul. 00:01:11.896 -- 00:01:14.780 Good afternoon, and thank you for joining our call...