Joby Aviation, Inc. (NYSE:JOBY) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET

Company Participants

Teresa Thuruthiyil - Head, IR
JoeBen Bevirt - Founder and CEO
Didier Papadopoulos - President, Aircraft OEM
Eric Allison - Chief Product Officer
Matt Field - CFO
Paul Sciarra - Executive Chairman

Conference Call Participants

Austin Moeller - Canaccord Genuity
Savi Syth - Raymond James
Edison Yu - Deutsche Bank.
Mahima Kakani - JPMorgan
David Zazula - Barclays
Amit Dayal - H.C. Wainwright

Operator

Greetings and welcome to Joby Aviation Third Quarter 2024 Financial Results. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

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

Teresa Thuruthiyil

Hi everyone and welcome to the Joby Aviation's third quarter 2024 financial results conference call. I'm Teresa Thuruthiyil, Joby's Head of Investor Relations.

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

Please note that 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.

Also, during the call, we'll refer both to GAAP and non-GAAP financial measures. A reconciliation of non-GAAP to GAAP measures is included in our Q3 2024 shareholder letter, which you can find on our Investor Relations' website, along with the replay of this call.

With all of that said, I'll now turn the call over to JoeBen.

JoeBen Bevirt

Thanks, Theresa and thanks everyone for joining us today. This has been another excellent quarter at Joby. We've seen exceptional lean-in from regulators across the globe. We've continued our great momentum on certification. We've significantly strengthened our fortress balance sheet, which was already the strongest in the sector.