Presto Automation Inc. (NASDAQ:PRST) Q4 2023 Earnings Conference Call October 10, 2023 5:00 PM ET

Company Participants

Adam Rogers - Head of Investor Relations

Xavier Casanova - Chief Executive Officer

Stanley Mbugua - Chief Accounting Officer

Conference Call Participants

Brian Dobson - Chardan Capital Markets

Michael Latimore - Northland Capital Markets

Operator

Good day, and thank you for standing by. Welcome to the Presto Automation Inc. Fourth Quarter and Full-Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [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, Adam Rogers, Vice President of Investor Relations.

Adam Rogers

Thank you, and good afternoon, everyone. I'd like to welcome all of you to the Presto Automation fiscal fourth quarter and full-year 2023 earnings conference call. I'm Adam Rogers, Head of Investor Relations here at Presto.

Today's call will include comments from our Chief Executive Officer, Xavier Casanova and our Chief Accounting Officer, Stanley Mbugua. Xavier and Stanley are joined on the line today by Dan Mosher, President of Presto Automation. After our prepared comments, we will open the call for questions. A replay of this call will be made available and information to access the replay is listed in today's press release.

Before we begin, I'd like to remind everyone that during today's call, we will be making forward-looking statements regarding future events and financial performance, including guidance for our fiscal first quarter 2024. These forward-looking statements are subject to known and unknown risks and uncertainties. Presto cautions that these statements are not guarantees of future performance. We encourage you to review our most recent reports or any applicable filings for a complete discussion of these factors and other risks that may affect our future results or the market price of our stock. Finally, we are not obligating ourselves to revise our results or these forward-looking statements in light of new information or future events.

Also during today's call, we will refer to certain non-GAAP financial measures. Reconciliations of non-GAAP to GAAP measures and certain additional information are included in today's earnings press release, which can be viewed and downloaded from our website.

And with that, we'll begin by turning the call over to our new CEO, Xavier Casanova.

Xavier Casanova

Thank you, Adam, and thanks, everyone, for joining our fiscal fourth quarter and full-year 2023 earnings call. I am pleased to be speaking to you today as the new CEO of Presto. I joined Presto in 2022 as Chief Product Officer to develop and drive the company's innovative solutions. The thing that struck me immediately was a significant opportunity that Presto had in the dynamic and growing restaurant technology sector. In March, I was asked to become Chief Operating Officer.