Redfin Corporation (RDFN) CEO Glenn Kelman on Q2 2022 Results - Earnings Call Transcript

Redfin Corporation (NASDAQ:RDFN) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET

Company Participants

Meg Nunnally - Head of Investor Relations
Glenn Kelman - Chief Executive Officer
Chris Nielsen - Chief Financial Officer

Conference Call Participants

Brian Mecke - Selman & Associates

Operator

Good day, and welcome to the Redfin Corporation Q2 2022 Earnings Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Meg Nunnally. Please go ahead, ma'am.

Meg Nunnally

Thanks, Cody. Good afternoon, and welcome to Redfin's financial results conference call for the second quarter ended June 30, 2022. I'm Meg Nunnally, Redfin’s Head of Investor Relations. Joining me on the call today is Glenn Kelman, our CEO; and Chris Nielsen, our CFO.

Before we start, note that some of our statements on today’s call are forward-looking. We believe our assumptions and expectations related to these forward-looking statements are reasonable, but our actual results may turn out to be materially different. Please read and consider the risk factors in our SEC filings together with the content of today’s call. Any forward-looking statements are based on our assumptions today, and we don’t undertake to update these statements in light of new information or future events.

On this call, we will present non-GAAP measures when discussing our financial results. We encourage you to review today's earnings release, which is available on our website at investors.redfin.com, for more information relating to our non-GAAP measures, including the most directly comparable GAAP financial measure and related reconciliation. All comparisons made in the course of this call are against the same period in the prior year, unless otherwise stated.

Lastly, we will be providing a copy of our prepared remarks on our website by the conclusion of today's call and a full transcript and