EngageSmart, Inc. (NYSE:ESMT) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET

Company Participants

Josh Schmidt - Investor Relations

Robert Bennett - Chief Executive Officer

Cassandra Hudson - Chief Financial Officer

Conference Call Participants

Bhavin Shah - Deutsche Bank

Robert Napoli - William Blair

Tyler DuPont - Bank of America Merrill Lynch

Terrell Tillman - Truist Securities, Inc.

Michael Rackers - Needham & Company

John Davis - Raymond James

Jeffrey Van Rhee - Craig-Hallum Capital Group

Tien-Tsin Huang - JPMorgan

Operator

Good morning. Thank you for attending today's EngageSmart Second Quarter 2023 Earnings Call. My name is Chelsea, and I will be your moderator today. At this time, all participants are in a listen-only mode. Later, you will have an opportunity to ask questions during the question-and-answer session. [Operator Instructions] Please note, this call is being recorded and that I will be standing by if you should need any assistance.

I'll now turn the call over to Josh Schmidt of EngageSmart. Josh?

Josh Schmidt

Thank you. Good morning and welcome to our second quarter 2023 earnings call. With me on the call today are Bob Bennett, Chief Executive Officer and Cassandra Hudson, Chief Financial Officer. Our earnings press release, supplemental presentation, and associated Form 8-K can be found at investors.engagesmart.com.

During this call, we will be discussing certain forward-looking information. Actual results could differ materially from those contemplated by these forward-looking statements. Please refer to the Risk Factors section of our annual report on Form 10-K and other SEC filings for more information on the risks regarding these forward-looking statements and risk factors associated with our business.

All metrics discussed during this call are non-GAAP, unless otherwise noted. A reconciliation of non-GAAP metrics to the nearest GAAP metric as well as statements regarding why management believes these measures provide useful information can be found in our earnings press release and supplemental presentation, both of which are available on the Investor Relations section of our website.

This call is being webcast live and will be available for replay on our website at investors.engagesmart.com.

I would now like to turn the call over to our CEO, Bob Bennett.

Robert Bennett

Thanks, Josh. Good morning, everyone, and thank you for joining us on our second quarter 2023 earnings call today. Building upon our proven track record of success, we achieved another remarkable quarter, delivering record revenue of $94.4 million and adjusted EBITDA of $19.4 million. This represents 28% revenue growth and 20.5% adjusted EBITDA margin.