LGI Homes, Inc. (NASDAQ:LGIH) Q2 2023 Results Conference Call August 1, 2023 12:30 PM ET

Company Participants

Josh Fattor - VP, IR

Eric Lipar - Chairman, CEO

Charles Merdian - CFO, Treasurer

Conference Call Participants

Alex Barron - Housing Research Center

Andrew Azzi - JP Morgan

Jay McCanless - Wedbush

Truman Patterson - Wolfe Research

Operator

Welcome to LGI Homes Second Quarter 2023 Conference Call. Today's call is being recorded, and a replay will be available on the company's website at www.lgihomes.com. [Operator Instructions].

At this time, I'll turn the call over to Josh Fattor, positive Investor Relations and Capital Markets.

Josh Fattor

Thanks, and good afternoon. I'll remind listeners that this call contains forward-looking statements, including management's views on the company's business strategy outlook, plans, objectives and guidance for 2023. Such statements reflect management's current expectations and involve assumptions and estimates that are subject to risks and uncertainties and that could cause management's expectations to prove to be incorrect.

You should review our filings with the SEC for a discussion of the risks, uncertainties and other factors that could cause actual results to differ from those presented today. All forward-looking statements must be considered in light of those certain risks, and you should not place undue reliance on such statements, which reflect management's current viewpoints and are not guarantees of future performance.

On this call, we'll discuss non-GAAP financial measures that are not intended to be considered in isolation or as substitute for financial information presented in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP can be found in the press release we issued this morning and in our quarterly report on Form 10-Q for the quarter ended June 30, 2023, that we expect to file with the SEC later today. This filing will be accessible on the SEC's website and in the Investor Relations section of our website.

I'm joined on today's call by Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board; and Charles Merdian, Chief Financial Officer and Treasurer.

I'll now turn the call over to Eric.

Eric Lipar

Thanks, Josh. Good afternoon, and welcome to our earnings call. The results we reported this morning represent significant progress towards our full year guidance and longer-term objectives. We're proud of these recent accomplishments and grateful to our employees to successfully executed our strategic initiatives against the backdrop of continued economic uncertainty.