Progress Software Corporation (NASDAQ:PRGS) Q2 2022 Results Conference Call June 28, 2022 5:00 PM ET

Company Participants

Michael Micciche - Vice President, Investor Relations

Yogesh Gupta - President and Chief Executive Officer

Anthony Folger - Chief Financial Officer

Conference Call Participants

Anja Soderstrom - Sidoti & Company

Tyler Radke - Citigroup

Pinjalim Bora - JPMorgan

Operator

Welcome to the Progress Software Corporation Q2 2022 Earnings Call. My name is Darryl, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]

I will now turn the call over to Mike Micciche. Mike, you may begin.

Michael Micciche

Okay. Thanks, Darryl. Nice to have you back with us this quarter. Good afternoon, everybody, and thanks for joining us for Progress Software's second quarter fiscal 2022 financial results conference call. With us today is Yogesh Gupta, President and Chief Executive Officer; and Anthony Folger, our Chief Financial Officer.

Before we get started, I'd like to remind you that during this call, we will discuss our outlook for future financial and operating performance, corporate strategies, product plans, cost initiatives, our acquisition of Kemp, the impact on our business of the COVID-19 pandemic and the sanctions against Russia and other information that might be considered forward-looking. This forward-looking information represents Progress Software's outlook and guidance only as of today and is subject to risks and uncertainties.

For a description of the risk factors that may affect our results, please refer to our recent SEC filings and in particular, the section captioned Risk Factors in our most recent Form 10-K. Progress Software assumes no obligation to update the forward-looking statements included in this call, whether as a result of new developments or otherwise. Additionally, on this call, all the financial figures we discuss are non-GAAP measures unless otherwise indicated. You can find a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP numbers in our financial results press release, which was issued after the market close today and is also available on our website. This document contains the full details of our financial results for the fiscal second quarter of 2022, and I recommend you reference it for specific details.

We also have prepared a presentation that contains supplemental data for our second quarter 2022 results, providing highlights and additional financial metrics. Both the earnings release and this presentation are available in the Investor Relations section of our website at investors.progress.com. Today's conference call is being recorded in its entirety and will be available via replay on the Investor Relations section of our website.