OneSpan, Inc. (NASDAQ:OSPN) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET

Company Participants

Joseph Maxa - Former VP, IR

Matthew Moynahan - President, CEO & Director

Jorge Martell - CFO

Conference Call Participants

Rudy Kessinger - D.A. Davidson & Co.

Nicholas Mattiacci - Craig-Hallum

Operator

Good afternoon. Thank you for attending the first quarter 2023 OneSpan Earnings Conference Call. My name is Elisa, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions].

I would now like to pass the conference over to your host Joe Maxa, Vice President of Investor Relations. Joe, you may proceed.

Joseph Maxa

Thank you, operator. Hello, everyone, and thank you for joining the OneSpan First Quarter 2023 Earnings Conference Call. This call is being webcast and can be accessed on the Investor Relations section of OneSpan's website at investors.onespan.com. Joining me on the call today is Matt Moynahan, our Chief Executive Officer; and Jorge Martell, our Chief Financial Officer. This afternoon, after market close, OneSpan issued a press release announcing results for our first quarter 2023. To access a copy of the press release and other investor information, please visit our website. Following our prepared comments today, we will open the call for questions. Please note that statements made during this conference call that relate to future plans, events or performance, including the outlook for full year 2023 and our long-term financial targets are forward-looking statements. These statements involve risks and uncertainties and are based on current assumptions.

Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. I direct you your attention to today's press release and the company's filings with the U.S. Securities and Exchange Commission for a discussion of such risks and uncertainties. Also note that certain financial measures that may be discussed on this call are expressed on a non-GAAP basis and have been adjusted from a related GAAP financial measure. We have provided an explanation for and reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures in the earnings press release. In addition, please note that the date of this conference call is May 4, 2023, and any forward-looking statements and related assumptions are made as of this date. Except as required by law, we undertake no obligation to update these statements as a result of new information or future events or for any other reason. I will now turn the call over to Matt.