PetVivo Holdings, Inc. (PETV) Q4 2023 Earnings Conference Call February 13, 2024 8:00 AM ET

Company Participants

Stephanie Ruys de Perez - VP of Capital Markets

David Lukes - CEO

Conor Fennerty - CFO

Conference Call Participants

Alexander Goldfarb - Piper Sandler

Craig Mailman - Citi

Todd Thomas - KeyBanc Capital Markets

Samir Khanal - Evercore ISI

Floris Van Dijkum - Compass Point

Ki Bin Kim - Truist

Dori Kesten - Wells Fargo

Paulina Rojas - Green Street

Mike Mueller - JPMorgan

Operator

Good day, and welcome to SITE Centers Reports Fourth Quarter 2023, Operating Results Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Stephanie Ruys de Perez, Vice President, Capital Markets. Please go ahead.

Stephanie Ruys de Perez

Thank you. Good morning, and welcome to SITE Centers fourth quarter 2023 earnings conference call. Joining me today, are Chief Executive Officer, David Lukes; and Chief Financial Officer, Conor Fennerty. In addition to the press release distributed this morning, we have posted our quarterly financial supplement and slide presentation on our website at www.sitecenters.com, which are intended to support our prepared remarks during today's call.

Please be aware that certain of our statements today may contain forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to risks and uncertainties and actual results may differ materially from our forward-looking statements. Additional information may be found in our earnings press release, and in our filings with the SEC, including our most recent report on Form 10-K and 10-Q.

In addition, we will be discussing non-GAAP financial measures on today's call, including FFO, operating FFO and same-store net operating income. Descriptions and reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures can be found in today's quarterly financial supplement and investor presentation.

At this time, it is my pleasure to introduce our Chief Executive Officer, David Lukes.

David Lukes

Good morning, and thank you for joining our quarterly earnings call. The fourth quarter was significant for SITE Centers to say the least, highlighted by the announced planned spin-off of the convenience portfolio from within SITE Centers into a new and unique focused growth company called Curbline Properties. This announcement, along with nearly $1 billion of transaction activity has put us on a dual path of growing our Curbline portfolio through acquisitions and realizing NAV of the SITE Centers portfolio through dispositions and asset management. We are only three months past the spin-off announcement, but have made substantial progress on the business plans for both SITE and Curb with more progress to come.