CIFRW - Cipher Mining Inc. (CIFR) Q1 2024 Earnings Call Transcript

2024-05-07 13:06:03 ET

Cipher Mining Inc. (CIFR)

Q1 2024 Earnings Conference Call

May 07, 2024 08:00 AM ET

Company Participants

Josh Kane - Head of Investor Relations

Tyler Page - Chief Executive Officer

Ed Farrell - Chief Financial Officer

Conference Call Participants

Josh Siegler - Cantor

Mike Colonnese - H.C. Wainwright

John Todaro - Needham & Company

Greg Lewis - BTIG

Joseph Vafi - Canaccord Genuity

Reggie Smith - JPMorgan

Bill Papanastasiou - Stifel

Presentation

Operator

Good day and thank you for standing by. Welcome to the Cipher Mining First Quarter 2024 Business Update Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I will now hand the conference over to your speaker today, Josh Kane, Head of Investor Relations. Please go ahead.

Josh Kane

Good morning and thank you for joining us on this conference call to discuss Cipher Mining's first quarter 2024 business update. Joining me on the call today are Tyler Page, Chief Executive Officer; and Ed Farrell, Chief Financial Officer.

Please note that you may also review our press release and presentation, which can be found on the Investor Relations section of the company's website. Please note that this call will also be simultaneously webcast on the Investor Relations section of the company's website. This conference call is the property of Cipher Mining and any taping or other reproduction is expressly prohibited without prior consent.

Before we start, I'd like to remind you that the following discussion as well as our press release and presentation contain forward-looking statements, including, but not limited to, Cipher's financial outlook, business plans and objectives and other future events and developments, including statements about the market potential of our business operations, potential competition and our goals and strategies.

The forward-looking statements and risks in this conference call, including responses to your questions are based on current expectations as of today, and Cipher assumes no obligation to update or revise them, whether as a result of new developments or otherwise, except as required by law.

Additionally, the following discussion may contain non-GAAP financial measures. We may use non-GAAP measures to describe the way in which we manage and operate our business. We reconcile non-GAAP measures to the most directly comparable GAAP measures and you are encouraged to examine those reconciliations, which are filed at the end of our earnings release issued earlier this morning.

I will now turn the call over to Tyler Page. Tyler?

Tyler Page

Thanks, Josh. Hello, this is Tyler Page, CEO of Cipher Mining. Thank you very much for joining our first quarter 2024 business update call....

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