Gladstone Land Corporation (LAND) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Gladstone Land Corporation first quarter 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 David Gladstone, Chief Executive Officer and President. Please go ahead. Okay, Paul, thank you for that nice introduction, and this is David Gladstone, and welcome to the quarterly conference call for Gladstone Land. Thank you all for calling in today. We appreciate the time it takes to listen and talk to you, and thank you for listening to our presentation. Before I begin, we'll start with Michael Lacalce. He's our general counsel. Michael? Thanks, David. Good morning, everybody. Today's report may include forward-looking statements in the Securities Act of 1933. Securities Exchange Act of 1934, including those regarding our future performance. These forward-looking statements involve certain risks and uncertainties that are based on our current plans, which we believe to be reasonable. Many factors may cause our actual results to be materially different from the future results expressed or implied by these forward-looking statements, including the risk factors in our Form 10-K and 10-Q of the documents we filed with the SEC. You can find them on our website, GladstoneLand.com. specifically the investors page on the SEC's website, sec.gov, that we undertake no obligation, publicly update or revise any of these statements, whether as a result of new information, future events, or otherwise, except as required by law. Today we will discuss FFO, which is a non-GAAP accounting term defined as net inco...