The Mosaic Company (NYSE:MOS) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET
Company Participants
Jason Tremblay - VP, Finance, Strategy & Digital Transformation
Bruce Bodine - President and CEO
Jenny Wang - EVP, Commercial
Conference Call Participants
Ben Isaacson - Scotiabank
Vincent Andrews - Morgan Stanley
Joel Jackson - BMO Capital Markets
Steve Byrne - Bank of America
Adam Samuelson - Goldman Sachs
Chris Parkinson - Wolfe Research
Ben Theurer - Barclays
Edlain Rodriguez - Mizuho
Lucas Beaumont - UBS
Andrew Wong - RBC Capital Markets
Operator
Good morning, and welcome to the Mosaic Company's Second Quarter 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode. After the company completes their prepared remarks, the lines will be open to take your questions.
Your host for today's call is Jason Tremblay. Jason, you may begin.
Jason Tremblay
Thank you, and welcome to our second quarter 2024 earnings call. Opening comments will be provided by Bruce Bodine, President and Chief Executive Officer, followed by a fireside chat, then open Q&A. Clint Freeland, Executive Vice President and Chief Financial Officer, and Jenny Wang, Executive Vice President of Commercial, will also be available to answer your questions.
We will be making forward-looking statements during this conference call. The statements include, but are not limited to, statements about future financial and operating results. They are based on management's beliefs and expectations as of today's date, and are subject to significant risks and uncertainties. Actual results may differ materially from projected results.
Factors that could cause actual results to differ materially from those in the forward-looking statements are included in our press release published yesterday, and in our reports filed with the Securities and Exchange Commission.
We will also be presenting certain non-GAAP financial measures. Our press release and performance data also contain important information on these non-GAAP measures.
Now I'd like to turn the call over to Bruce.
Bruce Bodine
Good morning. Thank you for joining our second quarter earnings discussion. Before we begin, I want to acknowledge that we have recently experienced some serious safety incidents. We take safety extremely seriously, and we are working to further improve our culture to ensure our people go home safe after every shift.
Moving on to our earnings discussion. This morning, I will add some color to the information we published, and then we'll get to your questions. This was another solid quarter for Mosaic, both in terms of our results and our operational progress. For the quarter, Mosaic delivered adjusted EBITDA of $584 million on revenues of $2.8 billion, compared with adjusted EBITDA of $744 million in revenues of $3.4 billion a year ago.