CleanSpark, Inc. (NASDAQ:CLSK) Q3 2023 Earnings Call Transcript August 9, 2023 4:30 PM ET

Company Participants

Isaac Holyoak - Chief Communications Officer

Zachary Bradford - CEO

Gary Vecchiarelli - CFO

Conference Call Participants

Mike Colonnese - H.C. Wainwright

Josh Siegler - Cantor Fitzgerald

Tyler DiMatteo - BTIG

Brian Dobson - Chardan

Operator

Ladies and gentlemen, good afternoon. My name is Abby and I'll be your conference operator today. At this time, I would like to welcome everyone to CleanSpark's Fiscal Third Quarter Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

And at this time, I would like to turn the floor over to Isaac Holyoak, Chief Communications Officer. You may begin.

Isaac Holyoak

Thanks, Abby, and thank you for joining us today for our fiscal third quarter financial results call, covering the period April 1, 2023, through June 30, 2023. Our press release was issued about 30 minutes ago and is available on our website at www.cleanspark.com/investors. Today's call is also being webcast and a replay and transcript will be available on our website.

I'm here with Zach Bradford, our Chief Executive Officer; and Gary Vecchiarelli, our Chief Financial Officer.

Keep in mind that some of the statements we make today are forward-looking and based on our best view of the world and our businesses as we see them today. As described in our SEC filings and on our website, those elements may change as the world changes. We will also discuss certain non-GAAP financial measures concerning our performance during today's call. You can find the reconciliation of GAAP financial measures in our press release which is available on our website.

And with that, it is my pleasure to turn the call over to Zach.

Zachary Bradford

Thank you, Isaac. Good afternoon and thank you for joining us for our third quarter earnings call. Since last speaking with you, we have strengthened our position as one of the largest most efficient publicly traded Bitcoin mining operators in the world. The dedication of our teams has resulted in extraordinary rapid growth. We now outperformed almost every single one of our competitors in monthly production even compared to competitors that on paper may seem bigger than us.

As a CEO and Founder, I hope you excuse a little cheerleading, but I don't think it is at all an exaggeration to say that we are the best bet in this space. We have a proven track record of doing what we say we'll do. And to that point, we have hit or exceeded every milestone we've set for ourselves. This company and the people who work here are best-in-class in every way.