American States Water Company (NYSE:AWR) Q4 2022 Earnings Conference Call March 2, 2023 2:00 PM ET

Company Participants

Bob Sprowls – President and Chief Executive Officer

Eva Tang – Senior Vice President-Finance and Chief Financial Officer

Conference Call Participants

Angie Storozynski – Seaport

Jonathan Reeder – Wells Fargo

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the American States Water Company Conference Call discussing the company's Fourth Quarter and Full Year 2022 Results. The call is being recorded. If you would like to listen to a replay of this call, it will begin this afternoon at 5:00 p.m. Eastern Time and run through Thursday, March 9, 2023, on the company's website, www.aswater.com. The slides that the company will be referring to are also available on the website. All participants are currently in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity for questions. [Operator Instructions] Please also note that today's conference call will be limited to one hour. Presenting today from American States Water Company are Bob Sprowls, President and Chief Executive Officer; and Eva Tang, Senior Vice President of Finance and Chief Financial Officer.

As a reminder, certain matters discussed during this conference call may be forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Please review a description of the company's risks and uncertainties in our most recent Form 10-K and Form 10-Q on file with the Securities and Exchange Commission. In addition, this conference call will include a discussion of certain measures that are not prepared in accordance with generally accepted accounting principles or GAAP in the United States and constitute non-GAAP financial measures under SEC rules. These non-GAAP financial measures are derived from consolidated financial information and are not presented in our financial statements that are prepared in accordance with GAAP. For more details, please refer to the press release.

At this time, I'd like to turn the conference call over to Bob Sprowls, President and Chief Executive Officer of American States Water Company.

Bob Sprowls

Thank you, Jamie, and welcome everyone and thank you for joining us today. I'll begin with some brief comments on the year. Eva will then discuss some financial details, and then I'll wrap it up with some further thoughts on the quarter and the year, updates on regulatory activities, ASUS, dividends, and then we'll take your questions. During a year of high inflation, rising interest rates, volatile markets and supply chain challenges, we stayed focused on providing safe and reliable water, wastewater and electric services to over 1 million people in 9 states. To accomplish this, we spent 2022 successfully executing on our strategic plans, continuing our financial discipline, building and fortifying our infrastructure, providing excellent customer service, ensuring employee safety and well-being and managing the water and wastewater for our country's military personnel and family.