Applied Digital Corporation (NASDAQ:APLD) Q2 2024 Earnings Call Transcript January 16, 2024 9:00 AM ET
Company Participants
Alex Kovtun - IR, Gateway Group
Wes Cummins - Chairman and CEO
David Rench - CFO
Conference Call Participants
Lucas Pipes - B. Riley Securities
George Sutton - Craig-Hallum Capital Group
Darren Aftahi - ROTH MKM
Rob Brown - Lake Street Capital Markets
John Todaro - Needham & Company
Mike Grondahl - Northland Securities
Kevin Dede - H.C. Wainwright
Operator
Good morning, and welcome to Applied Digital Fiscal Second Quarter 2024 Conference Call. My name is Sheri and I will be your operator today. Before this call, Applied Digital issued a financial result for the fiscal second quarter ended November 30, 2023, in a press release, a copy of which will be furnished in a report on a Form 8-K 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 Digital's Chairman and CEO, Wes Cummins, and CFO, David Rench. Following their remarks, we will open the call for questions.
Before we begin, Alex Kovtun from Gateway Group will make a brief introductory statement. Mr. Kovtun, please proceed.
Alex Kovtun
Thank you, operator. Good morning, everyone, and welcome to Applied Digital's fiscal second quarter 2024 conference call.
Before management begins formal remarks, we would like to remind everyone that some statements we're making today may be considered forward-looking statements under securities laws and involve a number of risks and uncertainties. As a result, we caution you that there are 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 any 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 the reconciliation tables, the applicable GAAP measures in our earnings release 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 in our quarterly report on Form 10-Q.