Velo3D, Inc. (NYSE:VLD) Q1 2024 Earnings Conference Call May 15, 2024 5:00 PM ET

Company Participants

Bob Okunski - Vice President, Investor Relations
Brad Kreger - Chief Executive Officer
Hull Xu - Chief Financial Officer

Conference Call Participants

James Ricchiuti - Needham & Company
Matthew Cross - Alliance Global Partners

Operator

Good afternoon. Welcome to the Velo3D First Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question-and-answer session. As a reminder, today's conference call is being recorded.

I'll now turn the call over to Mr. Bob Okunski, Vice President of Investor Relations at Velo3D Corporation. Thank you, sir. You may begin.

Bob Okunski

Thank you. I'd like to welcome everyone to our first quarter 2024 earnings conference call. On the call today, we will start out with comments from Brad Kreger, CEO of Velo3D, who will provide a summary of the quarter as well as an update on certain key strategic priorities for 2024. Following Brad's comments, Hull Xu, our CFO, will then review our first quarter 2024 financial results and provide our guidance.

As a reminder, a replay of this call will be available later today on the Investor Relations page of our website. During today's call, we will make forward-looking statements that are subject to various risks and uncertainties that are described in the safe harbor slide of today's presentation, today's press release as well as our 2023 10-K and additional 2024 SEC filings. Please see those documents for additional information regarding those factors that may affect these forward-looking statements.

Also, we will reference certain non-GAAP metrics during today's call. Please refer to the appendix of our presentation as well as today's earnings press release for the appropriate GAAP to non-GAAP reconciliation. We've also posted a set of PowerPoint slides, which we will reference during the call on the Events & Presentations page of our Investor Relations website.

Before we get started, I would like to provide some brief comments related to the strategic review we announced in the fourth quarter. This comprehensive process remains ongoing, and the Board of Directors is in discussions with multiple parties related to maximizing stockholder value. As we announced previously, we do not intend to disclose further developments on the strategic review process until we determine that such a disclosure is appropriate or necessary. As a result, we will not be answering questions on the status of the review during this call.