Rush Street Interactive, Inc. (NYSE:RSI) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET
Company Participants
Lauren Seiler - Associate Vice President, Investor Relation & Development
Richard Schwartz - Chief Executive Officer
Kyle Sauers - Chief Financial Officer
Conference Call Participants
David Katz - Jefferies
Dan Politzer - Wells Fargo
Bernie McTernan - Needham
Mike Hickey - Benchmark
Ryan Sigdahl - Craig-Hallum
Joe Stauff - Susquehanna
Jordan Bender - JMP Securities
Edward Engel - ROTH Capital
Chad Beynon - Macquarie
Operator
Good afternoon, ladies and gentlemen and welcome to Rush Street Interactive Second Quarter 2022 Earnings. [Operator Instructions] It is now my pleasure to turn the floor over to your host Lauren Seiler. Ma'am the floor is yours.
Lauren Seiler
Thank you, operator and good afternoon. By now everyone should have access to our second quarter 2022 earnings release. It can be found under the heading Financials Quarterly Results in the Investors section of the RSI website rushstreetinteractive.com. Some of our comments will be forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not statements of historical facts and are usually identified by the use of words such as, will, expect, should, or other similar phrases and are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect.
We assume no responsibility for updating any forward-looking statements. Therefore, you should exercise caution in interpreting and relying upon them. We refer you to our SEC filings for a more detailed discussion of the risks that could impact our future operating results and financial condition.
During the call, we will discuss our non-GAAP measures which we believe can be useful in evaluating the company's operating performance. These measures should not be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP. A reconciliation of these measures to the most directly comparable GAAP measure is available in our second quarter 2022 earnings release and our investor deck which is available in the Investors section of the RSI website at www.rushstreetinteractive.com.
With me on the call today we have Richard Schwartz Chief Executive Officer; and Kyle Sauers Chief Financial Officer. We will provide some opening remarks and then open the call to questions.
With that I'll turn the call over to Richard.
Richard Schwartz
Thanks Lauren. Good afternoon, everyone and welcome to our second quarter earnings call. This quarter's results reflect a balanced performance between topline growth and efficient customer acquisition and retention with a focus on sustainable returns. We are well positioned to continue growing and growing profitably as we remain on target to be adjusted EBITDA positive for the back half of 2023.