Modiv Inc. (MDV) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.557 Ladies and gentlemen, greetings and welcome to Modiv Industrial Inc. 00:00:04.557 -- 00:00:08.482 First Quarter 2025 Earnings Conference Calls. 00:00:08.482 -- 00:00:12.227 At this time, all participants are in a listen-only mode. 00:00:12.227 -- 00:00:16.533 A brief question and answer session will follow the formal presentation. 00:00:16.533 -- 00:00:20.979 If anyone should require operator assistance during the conference, please signal the 00:00:20.979 -- 00:00:25.585 operator by pressing star and zero on your telephone keypad. 00:00:25.585 -- 00:00:29.191 As a reminder, this conference is being recorded. 00:00:29.191 -- 00:00:33.838 It is now my pleasure to introduce your host, John Raining, Chief Operating Officer and 00:00:33.838 -- 00:00:38.906 General Counsel of Motive Industrial. Please go ahead. 00:00:38.906 -- 00:00:42.351 Thank you, Ryan, and thank you, everyone, for joining us for Motive Industrial's first 00:00:42.351 -- 00:00:47.359 quarter 20.5 earnings call. We issued our earnings release before market opened this 00:00:47.359 -- 00:00:50.684 morning, and it's available on our website at motive.com. 00:00:50.684 -- 00:00:56.052 I'm here today with Aaron Halfacre, Chief Executive Officer, and Ray Cuccini, Chief Financial 00:00:56.052 -- 00:01:01.036 Officer. On today's call, management will provide prepared remarks, and we will open 00:01:01.036 -- 00:01:03.419 up the call for your questions. 00:01:03.419 -- 00:01:07.485 Before we begin, I would like to remind you that today's comments will include forward-looking 00:01:07.485 -- 00:01:10.189 statements under the federal securities laws. 00:01:10.189 -- 00:01:15.016 Forward-looking statements are identified by words such as will, be, intend, believe, 00:01:15.016 -...