Global-e Online Ltd. (NASDAQ:GLBE) Q2 2023 Earnings Call Transcript August 8, 2023 8:00 AM ET

Company Participants

Erica Mannion - Sapphire, IR

Amir Schlachet - Co-Founder, CEO

Ofer Koren - CFO

Nir Debbi - Co-Founder, President

Conference Call Participants

Brian Peterson - Raymond James

Brent Bracelin - Piper Sandler

Samad Samana - Jefferies

James Faucette - Morgan Stanley

Scott Berg - Needham

Madison Schrage - KeyBanc

Matt Code - Autonomous Research

Mark Zgutowicz - Benchmark

Operator

Welcome to the Global-e Second Quarter 2023 Earnings Call. This call is being simultaneously broadcast -- webcast on the company's website in the Investors section under News & Events.

For opening remarks and introductions, I will now turn the call over to Erica Mannion at Sapphire Investor Relations. Please go ahead.

Erica Mannion

Thank you, and good morning. With me today from Global-e are Amir Schlachet, Co-Founder and Chief Executive Officer; Ofer Koren, Chief Financial Officer; and Nir Debbi, Co-Founder and President. Amir will begin with a review of the business results for the second quarter of 2023. Ofer will review the financial results for the second quarter of 2023 followed by the company's outlook for the third quarter and full year of 2023. We will then open the call for questions.

Certain statements we make today may constitute forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. These forward-looking statements are subject to risks, uncertainties, and assumptions, some of which are beyond our control. In addition, these forward looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including those set forth in the section titled Risk Factors in our prospectus filed with the SEC on September 13, 2021, and other documents filed with or furnish to the SEC.

These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this call. You should not put undue reliance on any forward-looking statement. Although we believe that expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance, and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by applicable law, we make no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise after the date on which the statements are made or to reflect the occurrence of unanticipated events. Please refer to our press release dated August 8, 2023 for additional information.