REE Automotive Ltd. (REE) Q2 2023 Earnings Call Transcript

Aug. 29, 2023 1:34 PM ETREE Automotive Ltd. (REE) StockREE
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153.96K Followers

Q2: 2023-08-29 Earnings Summary

EPS of -$2.70 misses by $0.10
 | Revenue of $943.00K beats by $943.00K

REE Automotive Ltd. (NASDAQ:REE) Q2 2023 Earnings Conference Call August 29, 2023 8:30 AM ET

Company Participants

Kamal Hamid - Vice President, Investor Relations
Daniel Barel - Co-Founder and Chief Executive Officer
Josh Tech - Chief Operating Officer
Yaron Zaltsman - Chief Financial Officer
Tali Miller - Chief Business Officer

Conference Call Participants

Michael Shlisky - D.A. Davidson & Company
Jeff Osborne - TD Cowen
Colin Langan - Wells Fargo
Andres Sheppard - Cantor Fitzgerald

Operator

Good day, and thank you for standing by. Welcome to the REE Automotive Q2 2023 Financial Results Conference Call. At this time, all participants are in a listen only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Kamal Hamid, Vice President of Investor Relations. Please go ahead.

Kamal Hamid

Thank you, operator, and thank you all for joining our second quarter 2023 conference call. We hope that you have seen our press release and shareholder letter issued earlier this morning at investors.ree.auto. If you haven't, I encourage you to review it as it has additional insights into the topics we'll talk about on the call today.

I would like to remind you that today's call may include forward-looking statements. Any statements describing our beliefs, goals, plans, strategies, expectations, projections, forecasts and assumptions are forward-looking statements. Please note that the company's actual results may be different from anticipated by such forward-looking statements for a variety of reasons, many of which are beyond our control. Please refer to the company's Form 20-F filed on March 28, 2023, with the Securities and Exchange Commission, which identifies principal risks and uncertainties that could affect our business, prospects and future results. We assume no obligation to publicly update any forward-looking statements, except as required by law.

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