Joby Aviation, Inc. (NYSE:JOBY) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET

Company Participants

Teresa Thuruthiyil - Head of IR
JoeBen Bevirt - Founder and CEO
Didier Papadopoulos - President, Aircraft OEM
Matt Field - CFO
Paul Sciarra - Executive Chairman

Conference Call Participants

Andres Sheppard - Cantor Fitzgerald
Bill Peterson - JPMorgan
Austin Moeller - Canaccord Genuity
Savanthi Syth - Raymond James
David Zazula - Barclays

Operator

Greetings, and welcome to Joby Aviation's Second Quarter 2024 Conference Call and Webcast. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Teresa Thuruthiyil, Joby's Head of Investor Relations.

Teresa Thuruthiyil

Thank you. Good afternoon and evening, everyone. Welcome to the Joby Aviation conference call to discuss the company's financial results for the second quarter of 2024. We announced our results earlier today. Both our Q2 2024 shareholder letter and a webcast of this call are available online at the Investor Relations page of our website at ir.jobyaviation.com.

Our discussion today will include statements regarding future events and financial performance, as well as statements of belief, expectation, and intent. These forward-looking statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied.

For a more detailed discussion of these risks and uncertainties, please refer to our filings with the SEC and the safe harbor disclaimer contained in today's shareholder letter. The forward-looking statements included in this call are made only as of the date of this call, and the company does not assume any obligation to update or revise them. Please note that today's call will include results reported on a non-GAAP basis. Our Q2 2024 shareholder letter provides a reconciliation between GAAP and non-GAAP measures.

On the call today, we have JoeBen Bevirt, Founder and Chief Executive Officer; Didier Papadopoulos, President of Aircraft OEM; Matt Field, Chief Financial Officer; and joining us for Q&A we also Paul Sciarra, Executive Chairman. After management's prepared remarks, we will open the call for questions.

And with all of that said, I'll turn the call over to JoeBen.

JoeBen Bevirt

Thanks Teresa, and thank you all for joining us today.

I'm pleased to report that we've had another great quarter, making important progress across all three of our core focus areas, certification, manufacturing, and commercialization, while investing in Joby's long-term success. Didier is going to speak to the detail of this in a few moments, but I'd like to call out some of the headlines.