Spruce Power Holding Corporation (SPRU) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. Thank you for joining us and welcome to the Spruce Power Second Quarter 2026 Earnings Results Conference Call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Julia Gaspar, Corporate Development and Investor Relations. Julia, please go ahead. Thank you, operator. Good afternoon, everyone, and welcome to Spruce Power's second quarter 2026 earnings conference call. Joining me today are Chris Hayes, versus chief executive officer, and Tom Cimino, the company's chief financial officer. Before we begin, I would like to remind you that we will comment on our financial performance using both GAAP and non-GAAP financial measures. Important information about these non-GAAP financial measures, including reconciliations, most comparable GAAP measures, is included in our earnings release for the second quarter of 2026, which is available on the investor relations section of our website. Our discussion today will also include forward-looking statements to reflect management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to our earnings release and SEC filings for a discussion of these risk factors. With that, I will now turn the call over to Chris Hayes, Chief Executive Officer of Spruce Power. Chris? Thanks, Julia, and good afternoon, everyone. We delivered a solid second quarter and executed against the priorities we outlined at the beginning of the year. Disciplined execution across the organization enabled us to deliver operating EBITDA ahead of the prior year. We also generated higher o...