LGI Homes, Inc. (NASDAQ:LGIH) Q4 2023 Earnings Conference Call February 20, 2024 12:30 PM ET

Company Participants

Joshua Fattor - VP, IR & Capital Markets

Eric Lipar - Chairman & CEO

Charles Merdian - CFO & Treasurer

Conference Call Participants

Paul Przybylski - Wolfe Research

Kenneth Zener - Seaport Research Partners

Michael Rehaut - JPMorgan Chase & Co.

Jay McCanless - Wedbush Securities

Alex Barron - Housing Research Center

Operator

Welcome to the LGI Homes Fourth Quarter 2023 Conference Call. Today's call is being recorded, and a replay will be available on the company's website at www.lgihomes.com. [Operator Instructions]. I'll now turn the call over to Josh Fattor, Vice President of Investor Relations. Please go ahead.

Joshua Fattor

Thanks, and good afternoon. I'll remind listeners that this call contains forward-looking statements, including management's views on LGI Homes business strategy, outlooks, plans, objectives and guidance for future periods. Such statements reflect management's current expectations and involve assumptions and estimates that are subject to risks and uncertainties that could cause those expectations to prove to be incorrect.

You should review our filings with the SEC for a discussion of the risks, uncertainties and other factors that could cause actual results to differ from those presented today.

All forward-looking statements must be considered in light of related risks and you should not place undue reliance on such statements, which reflect management's current viewpoints and are not guarantees of future performance.

On this call, we'll discuss non-GAAP financial measures that are not intended to be considered in isolation or as substitutes for financial information presented in accordance with GAAP.

Reconciliations of non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP can be found in the press release we issued this morning and in our annual report on Form 10-K for the period ended December 31, 2023, that we expect to file with the SEC later today. This filing will be accessible on the SEC's website and in the Investor Relations section of our website.

I'm joined today by Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board; and Charles Merdian, Chief Financial Officer and Treasurer. I'll now turn the call over to Eric.

Eric Lipar

Thanks, Josh. Good afternoon, and welcome to our earnings call. We are pleased to report that we delivered a strong fourth quarter and successfully achieved all of our operational and financial guidance targets for the full year. We also laid the foundation for considerable community count growth and continued profitability for many years to come.