Local Bounti Corporation (NYSE:LOCL) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET
Company Participants
Jeff Sonnek - Investor Relations, ICR
Craig Hurlbert - Co-Founder & Chief Executive Officer
Kathleen Valiasek - President & Chief Financial Officer
Conference Call Participants
Kristen Owen - Oppenheimer & Company
Ben Klieve - Lake Street Capital Markets
Scott Fortune - ROTH Capital Markets
Operator
Good morning, and welcome to the Local Bounti Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. After today's presentation, there will an opportunity to ask questions. Please also note, today's event is being recorded.
At this time, I'd like to turn the call over to Jeff Sonnek with Investor Relations at ICR. Please go ahead, sir.
Jeff Sonnek
Thank you, and good morning. Today's presentation will be hosted by Local Bounti's, Chief Executive Officer, Craig Hurlbert; and President and Chief Financial Officer, Kathleen Valiasek.
The comments made during today's call contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are considered forward-looking statements. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events.
Such forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from the results discussed in the forward-looking statements.
Some of these risks and uncertainties are identified and discussed in the company's filings with the SEC. We'll also refer to certain non-GAAP financial measures. Please refer to the press release, which can be found on our Investor Relations website investor.localbounti.com for reconciliations of non-GAAP financial measures to their most directly comparable GAAP measures.
With that, I'd now like to turn the call over to Craig. Craig?
Craig Hurlbert
Thank you, Jeff, and good morning, everyone. Before I dive into our operational and financial highlights, I'd like to take a moment to comment on an important leadership change we made in the second quarter. I want to recognize, our CFO, Kathy Valiasek and her role expansion to include President that we implemented in June. Kathy has been instrumental in driving operational efficiencies, building trust with large commercial customers, and developing key financing relationships. Her expanded role reflects her significant contributions that have reached well beyond the leadership of our finance organization, and her unwavering commitment to scaling up our business. Together, we look forward to leading our organization through our next phase of growth.