WillScot Holdings Corporation (NASDAQ:WSC) Q2 2024 Earnings Conference Call August 1, 2024 5:30 PM ET
Company Participants
Nick Girardi - Senior Director of Treasury and IR
Brad Soultz - CEO
Tim Boswell - President and CFO
Conference Call Participants
Tim Mulrooney - William Blair
Andrew Wittmann - Baird
Ronan Kennedy - Barclays
Steven Ramsey - TRG
Scott Schneeberger - Oppenheimer
Faiza Alwy - Deutsche Bank
Philip Ng - Jefferies
Angel Castillo - Morgan Stanley
Sean Wondrack - Deutsche Bank
Operator
Welcome to the Second Quarter 2024 WillScot Earnings Conference Call. My name is Sherry and I will be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded.
I will now turn the call over to Nick Girardi, Senior Director of Treasury and Investor Relations. Nick, you may begin.
Nick Girardi
Good afternoon, and welcome to the WillScot second quarter 2024 earnings call. Participants on today's call include Brad Soultz, Chief Executive Officer; and Tim Boswell, President and Chief Financial Officer. Today's presentation material may be found on the Investor Relations section of the WillScot website.
Slides 2 and 3 contain our safe harbor statements. We will be making forward-looking statements during the presentation and our Q&A session. Our business and operations are subject to a variety of risks and uncertainties, many of which are beyond our control. As a result, our actual results may differ materially from today's comments. For a more complete description of the factors that could cause actual results to differ and other possible risks, please refer to the safe harbor statements in our presentation and our filings with the SEC.
With that, I'll turn the call over to Brad Soultz.
Brad Soultz
Thanks, Nick. Good afternoon, everyone, and thank you for joining us today. I'm Brad Soultz, CEO of WillScot.
Starting on Slide 17, our team delivered a solid Q2 with financial results that were both in-line with our expectation as well as within the three- to five-year target ranges that we established just 2.5 years ago. We continue to say what we'll do and then deliver on those commitments by controlling what we can control and through consistent execution by our great team.
Before I hand the call over to Tim to cover our results in more detail, I'll start by providing additional context with respect to the current macro backdrop and a brief strategic initiative update. In Q2, we continued to experience strong demand for larger-scale projects, namely in the industrial, manufacturing, energy, data center and infrastructure sectors. These projects more immediately drive demand for our modular product lines, particularly our innovative and proprietary FLEX solutions.