MARA - Marathon Digital Holdings Inc. (MARA) Q1 2024 Earnings Call Transcript
2024-05-09 23:56:10 ET
Marathon Digital Holdings, Inc. (MARA)
Q1 2024 Earnings Conference Call
May 9, 2024 05:00 PM ET
Company Participants
Robert Samuels - VP, IR
Fred Thiel - Chairman and CEO
Salman Khan - CFO
Conference Call Participants
Lucas Pipes - B. Riley Securities
Joe Flynn - Compass Point Research
Kevin Dede - H.C. Wainwright
John Todaro - Needham & Company
Presentation
Operator
Good day, ladies and gentlemen. Welcome to Marathon Digital Holdings' First Quarter 2024 Earnings Webcast and Conference Call.
I would now like to turn the call over to your host, Robert Samuels, Vice President of Corporate Communications. Please go ahead.
Robert Samuels
Thank you operator. Good afternoon and welcome to Marathon Digital Holdings' first quarter 2024 earnings call. Thank you for joining us for our call today. With me on today's call are our Chairman and Chief Executive Officer, Fred Thiel; and our Chief Financial Officer, Salman Khan.
Before we get started, I'd like to remind everyone that our prepared remarks may contain forward-looking statements and that we may make additional forward-looking statements during the question-and-answer session. These forward-looking statements are subject to risks and uncertainties and actual results may differ materially.
When used in this call the words anticipate, could, enable, estimate, intend, expect, believe, potential, will, should, project and similar expressions as they relate to Marathon Digital Holdings are as such a forward-looking statements. Please refer to our earnings release for a full reputation of our forward-looking statements.
Investors are cautioned that all forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those anticipated by Marathon at this time.
Some of these risks and uncertainties are more fully described in Marathon's public filings with the U.S. Securities and Exchange Commission, which can be viewed at www.sec.gov and ir.mara.com.
Finally, please note that on today's call we will refer to certain financial measures that were not prepared in accordance with Generally Accepted Accounting Principles in the United States, including adjusted EBITDA and non-GAAP total margin.
Marathon believes these non-GAAP financial measures are important indicators of its operating performance, because they exclude certain items that are unrelated to and may not be indicative of its GAAP financial results....
Marathon Digital Holdings, Inc. (MARA) Q1 2024 Earnings Call Transcript