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home / news releases / NRGV - Energy Vault Holdings Inc. (NRGV) Q4 2023 Earnings Call Transcript


NRGV - Energy Vault Holdings Inc. (NRGV) Q4 2023 Earnings Call Transcript

2024-03-12 23:13:03 ET

Energy Vault Holdings, Inc. (NRGV)

Q4 2023 Earnings Conference Call

March 12, 2024 04:30 PM ET

Company Participants

Bernie Colson - VP, IR

Robert Piconi - Chairman and CEO

Jan Kees van Gaalen - CFO

Conference Call Participants

Justin Clare - ROTH MKM

Joseph Osha - Guggenheim Partners

Thomas Boyes - TD Cowen

Chris Ellinghaus - Siebert Williams Shank

Noel Parks - Tuohy Brothers

Presentation

Operator

Greetings, and welcome to the Energy Vault's Fourth Quarter and Full Year 2023 Earnings Conference Call. 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 Bernie Colson, Vice President of Investor Relations. Please go ahead.

Bernie Colson

Thank you. Hello and welcome to Energy Vault's fourth quarter and full year 2023 financial results conference call. As a reminder, Energy Vault's fourth quarter earnings press release and presentation is available now on our Investor website and we will referring to the presentation during this call. A replay of this call will be available later today on the Investor Relations' page of our website. This call is now being recorded. If you object in any way, please disconnect now.

Please note that Energy Vault's earnings release and this call contain forward-looking statements that are subject to risks and uncertainties. These forward-looking statements are only estimates and may differ materially from the actual future events or results due to a variety of factors.

We caution everyone to be guided in their own analysis of Energy Vault by referring to our 10-K filing for a list of factors that may cause our results to differ from those anticipated in any forward-looking statement. We undertake no obligation to publicly update or revise any forward-looking statements, except as required by law.

In addition, please note that we will be presenting and discussing certain non-GAAP information. Please refer to the Safe Harbor disclaimer and the non-GAAP financial measures presented in our earnings release for more details, including a reconciliation to comparable GAAP measures.

Joining me on the call today is Robert Piconi, our Chairman and Chief Executive Officer; and Jan Kees van Gaalen, our Chief Financial Officer.

At this time, I'd like to hand the call over to Robert Piconi.

Robert Piconi

Great. Thank you, Bernie and I'd like to welcome to everyone to our fourth quarter and full year 2023 earnings call. We're announcing results on our second year now as a public company, which happens to be also our second year of revenue. As you tend to do sometimes, it can be helpful to step back, zoom out, if you will, and look at how we progress these past two years as I did after our first year.

We've grown this company as a public company globally in unprecedented ways across multiple continents, multiple technologies, while serving different customer segments, public utilities, independent power players, and large industrial energy users....

For further details see:

Energy Vault Holdings, Inc. (NRGV) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Energy Vault Holdings Inc.
Stock Symbol: NRGV
Market: NYSE
Website: energyvault.com

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