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Charles & Colvard, Ltd. (CTHR) Q2 2023 Earnings Call Transcript

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Charles & Colvard, Ltd. (NASDAQ:CTHR) Q2 2023 Earnings Conference Call February 2, 2023 4:30 PM ET

Company Participants

Don O'Connell - President and Chief Executive Officer

Clint Pete - Chief Financial Officer

Conference Call Participants

Matt Koranda - Roth Capital

Adam Lowensteiner - Lytham Partners


Good afternoon and welcome to the Charles & Colvard, Ltd. Second Quarter Fiscal Year 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions]

This earnings call may contain forward-looking statements as defined in Section 27A of the Securities Act of 1933 as amended, including statements regarding, among other things the company's business strategy and growth strategy. Expressions which identify forward-looking statements speak only as of the date the statement is made. These forward-looking statements are based largely on our company's expectations and are subject to a number of risks and uncertainties, some of which cannot be predicted or quantified and are beyond our control. Future developments and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. In light of these risks and uncertainties, there can be no assurance that the forward-looking information will prove to be accurate.

Accompanying today's call is a supporting PowerPoint slide deck, which is available in the Investor Relations section of the company's website at ir.charlesandcolvard.com/events. The company will be hosting a Q&A session at the conclusion of prepared remarks. Should you have questions you'd like to submit, please e-mail cthr@lythampartners.com. Please note, this event is being recorded.

I would now like to turn the conference over to Don O'Connell, President and Chief Executive Officer. Please go ahead.

Don O'Connell

Good afternoon, everyone. Over the past few years, our focus has been to build a company that can

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