Ready Capital Corporation (RC) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.496 Greetings. Welcome to Ready Capital's second quarter 2025 earnings call. 00:00:04.496 -- 00:00:07.440 At this time, all participants are in listen-only mode. 00:00:07.440 -- 00:00:11.464 The question and answer session will follow today's formal presentation. 00:00:11.464 -- 00:00:14.929 If anyone should require operator assistance during the conference, please press star 00:00:14.929 -- 00:00:17.331 zero from your telephone keypad. 00:00:17.331 -- 00:00:20.675 As a reminder, today's conference is being recorded. 00:00:20.675 -- 00:00:25.401 At this time, I'll now turn the conference over to Andrew Althorne, Chief Financial Officer. 00:00:25.401 -- 00:00:27.335 Andrew, you may begin. 00:00:27.335 -- 00:00:30.840 Thank you, operator, and good morning to those of you on the call. 00:00:30.840 -- 00:00:34.626 Some of our comments today will be forward-looking statements within the meaning of the 00:00:34.626 -- 00:00:40.154 federal securities laws. Such statements are subject to numerous risks and uncertainties 00:00:40.154 -- 00:00:45.302 that could cause actual results to differ materially from what we expect. 00:00:45.302 -- 00:00:49.868 Therefore, you should exercise caution in interpreting and relying on them. 00:00:49.868 -- 00:00:54.595 We refer you to our SEC filings for a more detailed discussion of the risks that could 00:00:54.595 -- 00:00:59.654 impact our future operating results and financial condition. 00:00:59.816 -- 00:01:04.140 During the call, we will discuss our non-GATT measures, which we believe can be useful 00:01:04.140 -- 00:01:07.563 in evaluating the company's operating performance. 00:01:07.563 -- 00:01:12.427 These measures should not be considered in isolation or as a substitute for our financial 00:01:12...