Samsara Inc.

Summit Materials is a business that has some fairly unique attributes. We sell aggregates and those aggregates are mined from a quarry. Those get ground up and they get put into ready mix concrete. That ready mix concrete also has cement in it. We also produce cement. As a company, what we wanted to really focus on was to be the most socially responsible integrated building materials solution provider. We consume 35 million gallons of diesel annually. We have every incentive as a business to reduce our fuel use because that not only has the benefit in terms of cost, it also has the benefit in terms of emissions reduction. We've worked with Samsara to develop an API. It works directly with our Microsoft business intelligence platform. That allows us to more real-time monitor fuel usage, consumption, idle time, and emissions. And that allows us to give regular report outs to our regional folks. To actually be showing how you're notching progress gives you a whole other level of credibility with the investment community and gives them significant confidence that you're not just throwing a number out there, but in fact, you are actually showing evidence of how you are reducing your impacts. Our next stage of analysis is really asking ourselves, how are we going to position our fleet for the long term? Well, when we look to the future, that future is probably electric. We're able to show a very clear path to a 75% reduction in emissions going through the entire value chain of the business. Safety's so summit that we call it environmental safety and governance.

You got guys going out in trucks crushing rock, hottest to hot, coldest to cold, dusty as you've ever seen. They're out there working on it. For our fleet, I know if we're speeding, we're slamming brakes on, we're not paying attention, we're going too fast. If I can look at those leading indicators, pass them out to my folks, you can see those trends immediately. Sam Saria lets me do that.

Good afternoon and welcome to Samsara's fourth quarter fiscal 2023 earnings call. I'm Mike Chang, Samsara's vice president of corporate development and investor relations. Joining me today are Samsara co-founder and chief executive officer Sanjay Biswas and our chief financial officer Dominic Phillips. In addition to our prepared remarks on this call, additional information can be found in our shareholder letter, press release, investor presentation, and SEC filings on our investor relations website at investors.samsara.com. The matters we'll discuss today include forward-looking statements. Actual results may differ materially from those contained in the forward-looking statements and are subject to risks and uncertainties described more fully in our SEC filings. Any forward-looking statements that we make on this call are based on assumptions as of today, March 2nd, 2023, and we undertake no obligation to update these statements as a result of new information or future events unless required by law. During today's calls, some of our discussions will include our fourth quarter fiscal 2023 financial results. We'd like to point out that the company reports non-GAAP results in addition to and not as a substitute for or superior to financial measures calculated in accordance with GAAP. All financial figures we will discuss today are non-GAAP except for revenue and revenue growth. Reconciliations of GAAP to non-GAAP financial measures are provided with our press release and investor presentation. We'll make opening remarks, dive into highlights for Q4, and then open the call up for Q&A. With that, I'll hand over the call to Sanjay.