EngageSmart, Inc. (NYSE:ESMT) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET
Company Participants
Josh Schmidt - Investor Relations
Robert Bennett - Chief Executive Officer
Cassandra Hudson - Chief Financial Officer
Conference Call Participants
William Nance - Goldman Sachs Group
Terrell Tillman - Truist Securities, Inc.
Cristopher Kennedy - William Blair & Company, LLC
John Davis - Raymond James & Associates, Inc.
Scott Berg - Needham & Company, LLC
Ashwin Shirvaikar - Citigroup Inc.
Madison Schrage - KeyBanc Capital Markets Inc.
Operator
Good morning. Thank you for attending today's EngageSmart First Quarter 2022 Earnings Call. My name is Emma, and I'll be your moderator today. [Operator Instructions]
I'll now turn the call over to Josh Schmidt of EngageSmart. Josh?
Josh Schmidt
Thank you, and good morning. With me on today's call 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.
On this call, we will discuss certain non-GAAP metrics, including adjusted EBITDA. 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
Thank you, Josh. Good morning, everyone, and welcome to our first quarter earnings call for 2022. We are pleased to announce another quarter of excellent results and progress. Q1 reflects the strength of EngageSmart's mission of simplifying customer and client engagement with topline organic growth north of 40% due to continued robust demand in both segments of our business.
SMB's strong growth of 56% year-over-year, combined with Enterprise's highly visible durable growth of 28% year-over-year, can be directly attributed to our customers and partners and the dedication of our employees who are relentless in their pursuit of customer satisfaction. EngageSmart delivered another quarter of record revenue, finishing at $67.4 million, representing organic growth of 42% year-over-year.