Applied Blockchain, Inc. (NASDAQ:APLD) Q1 2023 Earnings Conference Call October 11, 2022 5:00 PM ET
Company Participants
Jeff Grampp - IR, Gateway Group, Inc
Wes Cummins - CEO
David Rench - CFO
Conference Call Participants
Lucas Pipes - B. Riley Securities
Chris Brendler - D. A. Davidson
John Todaro - Needham and Company
Mike Grondahl - Northland Securities
Rob Brown - Lake Street Capital Markets
Operator
Good afternoon, and welcome to Applied Blockchain's First Fiscal Quarter 2023 Conference Call. My name is Paul and I will be your operator today.
Before this call, Applied Blockchain issued its financial results for the first quarter of fiscal 2023 ended August 31, 2022 in a press release, a copy of which will be furnished in a report on Form 10-Q filed with the SEC and will be available in the Investor Relations section of the company's website.
Joining us on today's call are Applied Blockchain's Chairman and CEO, Wes Cummins; and CFO, David Rench. Following their remarks, we will open the call for questions.
Before we begin, Jeff Grampp from Gateway Group will make a brief introductory statement. Mr. Grampp, please proceed.
Jeff Grampp
Thank you, operator. Good afternoon, everyone, and welcome to Applied Blockchain's fiscal first quarter 2023 conference call.
Before management begins their formal remarks, we would like to remind everyone that some statements we're making today may be considered forward-looking statements under securities law and involve a number of risks and uncertainties. As a result, we caution you that there are a number of factors many of which are beyond our control, which could cause actual results and events to differ materially from those described in the forward-looking statements. For more detailed risks, uncertainties and assumptions relating to our forward-looking statements, please see the disclosures in our earnings release and public filings made with the Securities and Exchange Commission. We disclaim any obligation or undertaking to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law.
We will also discuss non-GAAP financial metrics and encourage you to read our disclosures and reconciliation tables to applicable GAAP measures in our earnings released carefully as you consider these metrics. We refer you to our filings with the Securities and Exchange Commission for detailed disclosures and descriptions of our business, as well as uncertainties and other variable circumstances, including but not limited to risks and uncertainties identified under the caption risk factors and our IPO prospectus. You may get Applied Blockchain Securities and Exchange Commission filings for free by visiting the SEC website at sec.gov. I would like to remind everyone that this call is being recorded and will be made available for replay via a link available in the Investor Relations section of Applied Blockchain's website.