Planet Labs PBC (PL) Q2 2024 Earnings Call Transcript

Sep. 07, 2023 8:37 PM ETPlanet Labs PBC (PL) Stock, PL.WS StockPL, PL.WS
SA Transcripts
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Q2: 2023-09-07 Earnings Summary

EPS of -$0.07 beats by $0.01
 | Revenue of $53.76M (10.96% Y/Y) misses by $379.61K

Planet Labs PBC (NYSE:PL) Q2 2024 Earnings Conference Call September 7, 2023 5:00 PM ET

Company Participants

Chris Genualdi - Vice President of Investor Relations
Will Marshall - Chief Executive Officer, Chairperson and Co-Founder
Ashley Fieglein Johnson - Chief Financial and Operating Officer

Conference Call Participants

Michael Latimore - Northland
Jason Gursky - Citigroup
Trevor Walsh - JMP Securities
Jeff Van Rhee - Craig-Hallum
Ryan Koontz - Needham & Company
Greg Mesniaeff - WestPark Capital

Operator

Good afternoon. Thank you for attending today's Planet Labs PBC Second Quarter of Fiscal 2024 Earnings Conference Call. My name is Alexis, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. [Operator Instructions]

I would now like to pass the conference over to Chris Genualdi, VP of Investor Relations. You may proceed.

Chris Genualdi

Thanks, operator, and hello, everyone. Welcome to Planet's second quarter of 2024 earnings call.

Before we begin today's call, we'd like to remind everyone that we may make forward-looking statements related to future events or our financial outlook. We also reference qualified pipeline, which represents potential sales leads that have not yet executed contracts. Any forward-looking statements are based on management's current outlook, plans, estimates, expectations and projections. The inclusion of such forward-looking information should not be regarded as a representation by Planet, that future plans, estimates or expectations will be achieved. Such forward-looking statements are subject to various risks and uncertainties, and assumptions as detailed in our SEC filings, which can be found at www.sec.gov.

Our actual results or performance may differ materially from those indicated by such forward-looking statements and we undertake no responsibility to update such forward-looking statements to reflect events or circumstances after the

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