Udemy, Inc. (NASDAQ:UDMY) Q4 2022 Results Conference Call February 14, 2023 5:00 PM ET

Company Participants

Dennis Walsh - Vice President of Investor Relations

Gregg Coccari - Chairman and Chief Executive Officer

Greg Brown - President

Sarah Blanchard - Chief Financial Officer

Conference Call Participants

Patrick Schulz - Baird

Brett Knoblauch - Cantor Fitzgerald

Ryan MacDonald - Needham

Stephen Sheldon - William Blair

Connor Passarella - Truist Securities

Jason Celino - KeyBanc Capital Markets

David Lustberg - Jefferies

Tom Singlehurst - Citi

Operator

Good day. And welcome to the Udemy Fourth Quarter and Full Year 2022 Conference Call. All participants will be in listen only mode [Operator Instructions]. Please note this event is being recorded.

I would like to turn the conference over to Dennis Walsh, Udemy's Vice President of Investor Relations. Please go ahead.

Dennis Walsh

Thank you. And welcome to Udemy's Fourth Quarter and Full Year 2022 Earnings Conference Call. Joining me today are Udemy's Chairman and Chief Executive Officer, Gregg Coccari; President of Udemy's Business and incoming CEO, Greg Brown; and Chief Financial Officer, Sarah Blanchard. During this conference call, we will make forward-looking statements within the meaning of federal securities laws. These statements involve assumptions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated. For a complete discussion of risks associated with these forward-looking statements, we encourage you to refer to our most recent Form 10-K and Form 10-Q filings with the Securities and Exchange Commission. Our forward-looking statements are based upon information currently available to us. We caution you to not place undue reliance on forward-looking statements and we do not undertake and expressly disclaim any duty or obligation to update or alter our forward-looking statements, except as required by applicable law.

In addition, during this call, certain financial performance measures maybe discussed that differ from comparable measures contained in our financial statements prepared in accordance with US generally accepted accounting principles referred to by the Securities and Exchange Commission as non-GAAP financial measures. We believe that these non-GAAP financial measures assist management and investors in evaluating our performance and comparing period to period results of operations in a more meaningful and consistent manner as discussed in greater detail in the supplemental schedules to our earnings release. A reconciliation of these non-GAAP measures to the most comparable GAAP financial measures is included in our earnings press release. These reconciliations together with additional supplemental information are available on the Investor Relations section of our Web site. A replay of today's call will also be posted on the Web site.