Tennessee Valley Authority (TVE) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to the Tennessee Valley Authority's first quarter fiscal year 2025 conference call. For your information, today's call is being recorded. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. At this time, for opening remarks, I would like to turn the call over to Mr. Clifton Lowery TVA Vice President of Financial Planning and Investor Relations. Mr. Lowery, please go ahead. Mr. Thank you, Gary. Good morning, everyone, and welcome to the Tennessee Valley Authority's first quarter fiscal year 2025 financial review. Today I have with me TVA's Chief Executive Officer, Jeff Lyash, and TVA's Chief Financial Officer, Tom Rice. Jeff will begin with a business update, then Tom will follow with a review of TVA's financial performance. After their prepared remarks, the call will be opened up to give participants the opportunity to ask questions and a few housekeeping items before we begin. Today's press release and TVA's quarterly report on Form 10-Q for the first quarter ended December 31, 2024 are available on TVA's website at tba.com. And a replay of this webcast will also be available on TVA's website for a period of one year. Today's discussion may include forward-looking statements that are subject to various risks and uncertainties, so please refer to TVA's quarterly report on Form 10-Q for the quarter ended December 31, 2024, and TVA's annual report on Form 10-K for the fiscal year ended September 30, 2024, for a discussion of these factors. With that, I'll now turn the call over to TVA's President, Chief Executive Officer Jeff Lyash. Jeff Lyash Thank you, Clifton. Good morning, everyone. So you might have heard that last week I annou...