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Fluence Energy, Inc.
11/29/2023
Good day, and thank you for standing by. Welcome to Fluence Energy Incorporated's fourth quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Lexington May, Vice President, Investor Relations. Please go ahead.
Thank you. Good morning and welcome to Fluence Energy's fourth quarter 2023 earnings conference call. A copy of our earnings presentation, press release, and supplementary metric sheet covering financial results along with supporting statements and schedules, including reconciliations and disclosures regarding non-GAAP financial measures, are posted on the Investor Relations section of our website at FluenceEnergy.com. Joining me on this morning's call are Julian Nabreda, our President and Chief Executive Officer, Manu Seow, our Chief Financial Officer, Rebecca Boll, our Chief Products Officer, and Ahmed Pasha, our incoming Chief Financial Officer. During the course of this call, Fluence Management may make certain forward-looking statements regarding various matters related to our business and company that are not historical facts. Such statements are based upon the current expectations and certain assumptions and are, therefore, subject to certain risks and uncertainties. Many factors could cause actual results to differ materially. Please refer to our SEC filings for our forward-looking statements and for more information regarding certain risks and uncertainties that could impact our future results. You are cautioned to not place undue reliance on these forward-looking statements which speak only as of today. Also, please note that the company undertakes no duty to update or revise forward-looking statements for new information. This call will also reference non-GAAP measures that we view as important in assessing the performance of our business. A reconciliation of these non-GAAP measures to the most comparable GAAP measure is available in our earnings materials on the company's investor relations website. Following our prepared comments, we will conduct a question and answer session with our team. During this time, to give more participants an opportunity to speak on this call, please limit yourself to one initial question and one follow-up. Also note that while Ahmed is participating on today's call, he is not going to be participating in the Q&A session. and thus please direct your questions to the other members of the team. Thank you very much. I'll now turn the call over to Julian.
Thank you, Lex. I would like to send my warm welcome to our investors, analysts, and employees who are participating on today's call. This morning, I will provide a brief update on our business and then review our progress and our strategic objectives. Following my remarks, Manu will discuss our financial performance for the fourth quarter and then I will discuss our outlook for fiscal 24. Before we begin our discussion on the fourth quarter results, I'd like to spend a few moments addressing the announcement we made a few weeks ago. Manu has decided to step down as CFO of Fluence. He has done a remarkable turnaround job here, and as a result, he caught the attention of others. He received an offer he could not refuse, and more importantly, one that we could not match. At such, he will be leaving effective December 31st to become CFO of another company in a different industry. On behalf of the board, I would like to send a sincere thank you to Manu for the value he helped create at Fluence the past 15 months. Additionally, I would like to send a warm welcome to Ahmed Pasha, our incoming CFO. Ahmed will officially assume this role on January 1st, thus ensuring a sufficient transition period. Ahmed comes to us from AES, where he had a 30-year career, most recently serving as the CFO of the Utility Business Unit. I personally have worked with Ahmed for many years, and I am excited to continue that affluence. Now I would like to turn the call over to Ahmed to make a few remarks.
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