PJT Partners Inc. (PJT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.239 Good morning. Welcome to the PJT Partners' third quarter and nine-month 00:00:05.239 -- 00:00:10.728 2025 Earnings Conference Call. Joining the Earnings Conference Call today is 00:00:10.728 -- 00:00:15.855 Paul Taubman, Chairman and Chief Executive Officer, Helen Yates, Chief 00:00:15.855 -- 00:00:18.179 Financial Officer. 00:00:18.179 -- 00:00:22.325 During the course of this conference call, management may make a number of forward-looking 00:00:22.325 -- 00:00:27.520 statements. These forward-looking statements are subject to various risks and uncertainties. 00:00:27.520 -- 00:00:32.067 and there are important factors that could cause actual outcomes to differ materially 00:00:32.067 -- 00:00:35.111 from those indicated in these statements. 00:00:35.111 -- 00:00:41.160 These factors are described in the Risk Factors section contained in PJT Partners 2024 00:00:41.160 -- 00:00:43.003 Form 10-K, 00:00:43.003 -- 00:00:48.308 which is available on PJT Partners' website at pjtpartners.com. 00:00:49.673 -- 00:00:54.677 The company assumes no duty to update any forward-looking statements. 00:00:54.757 -- 00:00:59.842 The presentation made today contains non-GAAP financial measures, which 00:00:59.842 -- 00:01:04.527 the company believes are meaningful in evaluating the company's performance. 00:01:04.527 -- 00:01:09.833 For detailed disclosures on these non-GAAP metrics and their GAAP reconciliations, 00:01:09.833 -- 00:01:14.258 please refer to the financial data contained within the press release the firm issued 00:01:14.258 -- 00:01:18.743 this morning, also available on the firm's website. 00:01:18.743 -- 00:01:22.805 With that, I'll turn the call over to Paul Taupman. 00:01:23.127 -- 00:01:27.061 Good morning. Thank you all for jo...