Titan Machinery Inc.

Greetings and welcome to Titan Machinery, Inc. Second Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Jeff Sonick. Thank you. You may begin.

Thank you. Welcome to Titan Machinery's second quarter fiscal 25 earnings conference call. On today's call from the company are Brian Knutson, President and CEO, and Bo Larson, CFO. By now, everyone should have access to the earnings release dated July 31st, 2024. If you've not received the release, it's available on the investor relations tab of Titan's website at ir.titanmachinery.com. This call is being webcast and a replay will be available on the company's website as well. In addition, we're providing a presentation to accompany today's prepared remarks, which can also be found on Titan's investor relations website directly below the webcast information in the middle of the page. We'd like to remind everyone that the prepared remarks contain forward-looking statements and management may make additional forward-looking statements in response to your questions. Those statements do not guarantee future performance and therefore undue reliance should be placed upon them. These forward-looking statements are based on management's current expectations and involve inherent risks and uncertainties, including those identified in the risk factors section of Titan's most recently filed annual report on Form 10-K. These risk factors contain a more detailed discussion of the factors that could cause actual results to differ materially from those projected in any forward-looking statements. except as may be required by applicable law, Titan assumes no obligation to update any forward-looking statements that may be made in today's release or call. Please note that during today's call, we may discuss non-GAAP financial measures, including results on an adjusted basis. We believe these adjusted financial measures can facilitate a more complete analysis and greater transparency into Titan's ongoing financial performance particularly when comparing underlying results from period to period. We've included reconciliations of these non-GAAP financial measures to their most comparable GAAP financial measures in today's release and presentation. At the conclusion of our prepared remarks, we'll open the call to take your questions. And with that, I'd now like to introduce the company's president and CEO, Mr. Brian Knutson.

Brian, please go ahead. our second quarter performance, and our near-term outlook.