Procore Technologies, Inc. (NYSE:PCOR) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET

Company Participants

Matthew Puljiz - VP of IR

Tooey Courtemanche - Founder, CEO & President

Paul Lyandres - CFO

Conference Call Participants

Dylan Becker - William Blair

Saket Kalia - Barclays

Brent Bracelin - Piper Sandler

DJ Hynes - Canaccord

Adam Borg - Stifel

Brent Thill - Jefferies

Matthew Broome - Mizuho Securities

Jason Celino - KeyBanc

Operator

Good afternoon, everyone. Thanks for attending today's Procore Technologies, Inc. Fiscal Year 2022 Q2 Earnings Call. My name is Don Tam, your moderator for today's call.

[Operator instructions]. I would now like to pass the conference over to our host, Mr. Matthew Puljiz, VP, FP&A, and investor relations. Mr. Puljiz?

Matthew Puljiz

Thanks. Good afternoon, and welcome to Procore's 2022 Second Quarter Earnings Call. I'm Matthew Puljiz, VP of FP&A and investor relations. With me today are Tooey Courtemanche, founder, president, and CEO; and Paul Lyandres, CFO.

A complete disclosure of our results can be found in our press release issued today, which is available on the investor relations section of our website. Today's call is being recorded and a replay will be available following the conclusion of the call. Comments made on this call may include forward-looking statements regarding our financial results, products, customer demand, operations, the impact of COVID-19 on our business, and other matters. These statements are subject to risks, uncertainties and assumptions and are based on management's current expectations as of today, August 3, 2022.

Procore undertakes no obligation to update any forward-looking statements to reflect new information or unanticipated events, except as required by law. If this call is replayed or viewed after today, the information presented during the call may not contain current or accurate information. Therefore, these statements should not be relied upon as representing our views as of any subsequent date. We'll also refer to certain non-GAAP financial measures to provide additional information to investors.

A reconciliation of non-GAAP to GAAP measures is provided in our press release. Additionally, we may refer to certain results as organic, which we generally define as business performance or results that exclude the acquisition of Levelset. However, with respect to our customer count metrics, we define organic to mean customers under Procore contracts. And with that, let me turn the call to Tooey.

Tooey Courtemanche

Thanks, Matt. Welcome, everyone, and thank you for joining us today. I am pleased to share that we delivered another solid quarter of growth in Q2. We made strides toward our vision of improving the lives of everyone in construction and continue to see great returns from our platform investments.