IonQ, Inc. (NYSE:IONQ) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET

Company Participants

Jordan Shapiro - Vice President, FP&A, Head of Investor Relations

Peter Chapman - President & Chief Executive Officer

Thomas Kramer - Chief Financial Officer

Pat Tang - Vice President of R&D

Conference Call Participants

Joe Moore - Morgan Stanley

Quinn Bolton - Needham

David Williams - Benchmark Company

Operator

Good evening, and welcome to the IonQ Fourth Quarter and Full Year 2023 Earnings Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I'd now like to turn the conference over to your host Jordan Shapiro.

Jordan Shapiro

Thank you, Jimmy Chris [ph]. Good afternoon, everyone, and welcome to IonQ’s fourth quarter and full year 2023 earnings call. My name is Jordan Shapiro, and I'm the Vice President of Financial Planning & Analysis and Head of Investor Relations here at IonQ. I am pleased to be joined on today's call here in Seattle, by Peter Chapman. IonQ’s President and Chief Executive Officer; Thomas Kramer, our Chief Financial Officer; Dean Kassmann, our Vice President of Engineering, as well as Pat Tang, our Vice President of Research and Development.

By now, everyone should have access to the company's fourth quarter and full year 2023 earnings press release issued this afternoon, which is available on the investor relations section of our website at investors.ionq.com. Please note that on today's call, management will refer to adjusted EBITDA, which is a non GAAP financial measure. While the company believes this non GAAP financial measure provides useful information for investors, the presentation of this information is not intended to be considered in isolation, or as a substitute for the financial information presented in accordance with GAAP. We are directed to our press release for a reconciliation of adjusted EBITDA to its closest comparable GAAP measure. During the call, we will discuss our business outlook and make forward looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially due to a number of risks and uncertainties, including those mentioned in our 10-K that we have filed with the SEC today. We undertake no obligation to revise any statements to reflect changes that occur after this call, except as required by law.

Now, I will turn it over to IonQ’s CEO Peter Chapman, Peter.