Avista Corporation (NYSE:AVA) Q1 2023 Earnings Conference Call May 3, 2023 10:30 AM ET
Company Participants
Stacey Wenz - Investors Relations Manager
Dennis Vermillion - President and Chief Executive Officer
Mark Thies - Executive Vice President and Chief Financial Officer
Kevin Christie - Senior Vice President, External Affairs and Chief Customer Officer
Conference Call Participants
Brian Russo - Sidoti
Sophie Karp - KeyBanc
Alex Mortimer - Mizuho
Operator
Good day, and thank you for standing by. Welcome to the Avista Corporation First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Stacy Wentz, Investor Relations Manager. Please go ahead.
Stacey Wenz
Good morning. Welcome to Avista's first quarter 2023 earnings conference call. Our earnings and our first quarter 10-Q were released pre-market this morning, both are available on our website. Joining me this morning are Avista Corp. President and CEO, Dennis Vermillion; Executive Vice President, Treasurer and CFO, Mark Thies; Senior Vice President, External Affairs and Chief Customer Officer, Kevin Christie; and Vice President, Controller and Principal Accounting Officer, Ryan Krasselt.
Today, we will make certain statements that are forward looking. These involve assumptions, risks and uncertainties, which are subject to change. For reference to the various factors, which could cause actual results to differ materially from those discussed in today's call, please refer to our 10-K for 2022 and 10-Q for the first quarter of 2023, which are available on our website. I'll begin by recapping the financial results presented in today's press release. Our consolidated earnings for the first quarter of 2023 were $0.73 per diluted share, compared to $0.99 for the first quarter of 2022.
Now, I'll turn the call over to Dennis.
Dennis Vermillion
Well, thanks, Stacy, and good morning, everyone. Before we discuss our earnings, I'd like to say congratulations to Mark. You may have seen the press release we issued this morning announcing Mark's upcoming retirement. It's an important decision, and we're so happy, Mark, for you and your family. Mark's responsibilities will transition next week on May 11, following our annual meeting.
Even though he'll stay on as Executive Vice President until his official retirement on October 1, today will be his last earnings call. I'd like to thank you, Mark for your 15 years of dedicated service to Avista. He joined the company in 2008 during [indiscernible] during the great recession, you helped us successfully navigate through that global financial crisis and of course, the recent pandemic during your tenure.