rewrite this title Iris Energy Limited (IREN) Q1 2025 Earnings Call Transcript

Iris Energy Limited (NASDAQ:IREN) Q1 2025 Earnings Conference Call November 26, 2024 5:00 PM ET

Company Participants

Lincoln Tan – Director of IRDaniel Roberts – Co-Founder and Co-CEOBelinda Nucifora – CFOKent Draper – Chief Commercial Officer

Conference Call Participants

Lucas Pipes – B. Riley SecuritiesJoseph Vafi – Canaccord GenuityDarren Aftahi – ROTHReggie Smith – JPMorganBrett Knoblauch – Cantor Fitzgerald

Operator

Good day, and thank you for standing by. Welcome to the IREN Q1 FY ’25 Results Conference Call. At this time, all participants are in a listen-only mode. Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Lincoln Tan, Director, Investor Relations.

Lincoln Tan

Thank you, operator. Good afternoon to those of you in North America and good morning to those of you in Australia and welcome to IREN’s first quarter FY ’25 results presentation. My name is Lincoln Tan, Director of Investor Relations, and joining me on the call today are Daniel Roberts, Co-Founder and Co-CEO, Belinda Nucifora, CFO, and Kent Draper, Chief Commercial Officer. Before we begin, please note that this call is being webcast live with an accompanying presentation. For those of you that have dialed in via phone, you can elect to ask a question via the moderator after our presentation.

I would like to remind you that certain statements that we make during this call may constitute forward-looking statements and IREN cautions listeners that forward-looking information and statements are based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of the company. Listeners should not place undue reliance on forward-looking information or statements. Please refer to the disclaimer on Slide 2 within the accompanying presentation.