NICE Ltd. (NASDAQ:NICE) Q2 2023 Earnings Conference Call August 17, 2023 8:30 AM ET

Company Participants

Marty Cohen - Vice President, Investor Relations

Barak Eilam - Chief Executive Officer

Beth Gaspich - Chief Financial Officer

Conference Call Participants

Samad Samana - Jefferies

Tyler Radke - Citigroup Inc.

Sitikantha Panigrahi - Mizuho Securities

Richard Poland - RBC Capital Markets

James Fish - Piper Sandler

Patrick Walravens - JMP Securities

Matt Stotler - William Blair

Chris Reimer - Barclays

Tim Horan - Oppenheimer & Co.

Meta Marshall - Morgan Stanley

Operator

Welcome to the NICE Conference Call discussing Second Quarter 2023 Results, and thank you all for holding. [Operator Instructions] As a reminder, this conference is being recorded August 17, 2023.

I would now like to turn this call over to Mr. Marty Cohen, Vice President, Investor Relations at NICE. Please go ahead.

Marty Cohen

Thank you, operator. With me on the call today are Barak Eilam, Chief Executive Officer; and Beth Gaspich, Chief Financial Officer.

Before we start, I'd like to point out that some of the statements made on this call will constitute forward-looking statements. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, please be advised the company's actual results could differ materially from these forward-looking statements. Additional information regarding the factors that could cause actual results or performance of the company to differ materially is contained in the section entitled Risk Factors in Item 3 of the company's 2022 annual report on Form 20-F as filed with the Securities and Exchange Commission on March 30, 2023.

During today's call, we will present a more detailed discussion of second quarter 2023 results and the company's guidance for the third quarter and full year 2023. You can find our press release as well as PDFs of our financial results on NICE's Investor Relations website. Following our comments, there will be an opportunity for questions.

Let me remind you that unless otherwise noted on this call, we will be commenting on our adjusted results of operations, which differ in certain respects from generally accepted accounting principles as reflected mainly in accounting for share-based compensation, amortization of acquired intangible assets, acquisition-related expenses, amortization of discount on debt and loss from extinguishment of debt and the tax effect of the non-GAAP adjustments. The differences between the non-GAAP adjusted results and the equivalent GAAP figures are detailed in today's press release. The information and some of our comments discussed on this call may contain forward-looking statements that are subject to risks, uncertainties and assumptions.