Netstreit Corporation (NYSE:NTST) Q4 2023 Earnings Conference Call February 15, 2024 12:00 PM ET
Company Participants
Amy An - Director, Investor Relations
Mark Manheimer - President, CEO & Director
Daniel Donlan - CFO
Conference Call Participants
Haendel St. Juste - Mizuho
Ki Bin Kim - Truist Securities
Smedes Rose - Citigroup
Antara Nag-Chaudhuri - KeyBanc Capital Markets
Greg McGinniss - Scotiabank
Alec Feygin - Baird
Linda Tsai - Jefferies
Farrell Granath - Bank of America Merrill Lynch
Operator
Greetings, and welcome to the NETSTREIT's Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Amy An, Investor Relations. Thank you. You may begin.
Amy An
We thank you for joining us for NETSTREIT's Fourth Quarter 2023 Earnings Conference Call. In addition to the press release distributed yesterday after market close, we posted a supplemental package and an updated investor presentation. Both can be found in the Investor Relations section of the company's website at www.netstreit.com.
On today's call, management's remarks and answers to your questions may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today. For more information about these risk factors, we encourage you to review our Form 10-K for the year ended December 31, 2022, and our other SEC filings.
All forward-looking statements are made as of the date hereof, and NETSTREIT assumes no obligation to update any forward-looking statements in the future.
In addition, certain financial information presented on this call includes non-GAAP financial measures. Please refer to our earnings release and supplemental package for definitions of our non-GAAP measures, reconciliations to the most comparable GAAP measure and an explanation of why we believe such non-GAAP financial measures are useful to investors. Today's conference call is hosted by NETSTREIT's Chief Executive Officer, Mark Manheimer; and Chief Financial Officer, Dan Donlan. We will make some prepared remarks, and then we will open the call for your questions.
Now I'll turn the call over to Mark. Mark?
Mark Manheimer
Good afternoon, everyone, and welcome to our fourth quarter and year-end 2023 earnings conference call. First, I want to highlight our recently completed forward equity offering, which raised $191 million of net proceeds. Given how volatile the capital markets have been since the Fed began their rate hike campaign in early 2022, we thought it was best to take advantage of a supportive issuance window this January.