Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET
Company Participants
Denis Phares - Chief Executive Officer
Wade Seaburg - Chief Revenue Officer
Conference Call Participants
George Gianarikas - Canaccord Genuity Corp
Chip Moore - ROTH Capital Partners LLC
Operator
Good afternoon. My name is Ena, and I will be your operator today for Dragonfly Energy's Third Quarter 2024 Earnings Call. The call can be accessed, along with the earnings press release, and SEC filings on the Investors section of the Dragonfly Energy website found at www.dragonflyenergy.com. As a reminder, this conference call is being webcast and recorded. All attendees are in a listen-only mode at this time.
During this call, the Company will be making forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 based on current expectations. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the Company’s intent, belief or expectations, including, but not limited to, statements regarding the Company’s guidance for 2024, results of operations and financial position, planned products and services, business strategy and plans, market size and growth opportunities, competitive position and technological and market trends. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions.
These forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Actual results may differ due to factors noted in the press release and in periodic SEC filings. Management will reference some non-GAAP financial measures. Reconciliations to the nearest corresponding GAAP measure can be found in today's release on the company's website.
I'll now turn the call over to Dragonfly Energy's CEO, Dr. Denis Phares. Please go ahead.
Denis Phares
Thank you and welcome to everyone joining us today. At Dragonfly Energy, our commitment to pioneering innovative lithium-ion battery technology remains unwavering. Despite macroeconomic headwinds, we believe we have made considerable strides in expanding our footprint beyond the RV market and into the heavy-duty trucking, oil and gas and other high-impact sectors.
Our strategic initiatives have focused on diversifying revenue streams, enhancing our technology, and positioning ourselves for long-term growth through partnerships and targeted research and development investments. The broader economic environment continues to pose challenges, impacting consumer discretionary spending and extending economic pressure to sectors such as retail and trucking. However, our adaptability has been key to navigating these uncertainties.