Landsea Homes Corporation (NASDAQ:LSEA) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET
Company Participants
Drew Mackintosh - Mackintosh, Investor Relations
John Ho - Chief Executive Officer
Mike Forsum - President & Chief Operating Officer
Chris Porter - Chief Financial Officer
Conference Call Participants
Alex Rygiel - B. Riley Securities
Carl Reichardt - BTIG
Matthew Bouley - Barclays
Jay McCanless - Wedbush
Alex Barron - Housing Research Center
Operator
Greetings and welcome to the Landsea Homes Corporation Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host Drew Mackintosh. Thank you, sir. You may begin.
Drew Mackintosh
Good morning and welcome to Landsea Homes' second quarter 2023 earnings call. Before the call begins, I would like to note that this call will include forward-looking statements within the meaning of the Federal Securities laws.
Landsea Homes cautions that forward-looking statements are subject to numerous assumptions, risks, and uncertainties which change over time. These risks and uncertainties include, but are not limited to, the risk factors described by Landsea Homes in its filings with the Securities and Exchange Commission.
Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date and you should not place undue reliance on these forward-looking statements and deciding whether to invest in our securities.
We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.
Additionally, reconciliations of non-GAAP financial measures discussed on this call to the most comparable GAAP measures can be accessed through Landsea Homes' website and in its SEC filings.
Hosting the call today are John Ho, Landsea's Chief Executive Officer; Mike Forsum, President and Chief Operating Officer; and Chris Porter, Chief Financial Officer.
With that, I'd like to turn the call over to John.
John Ho
Good morning and thank you for joining us today as we review our second quarter results and provide an overview on our operations.
Landsea Homes continue to benefit from a combination of strong industry and company-specific fundamentals, resulting in another quarter of solid profitability and healthy sales activity.