Similarweb Ltd (NYSE:SMWB) Q4 2022 Earnings Conference Call February 15, 2023 8:30 AM ET

Company Participants

Raymond Jones - VP, IR

Or Offer - Co-Founder, CEO & Director

Jason Schwartz - CFO

Conference Call Participants

Arjun Bhatia - William Blair & Company

Ryan MacWilliams - Barclays Bank

Jason Helfstein - Oppenheimer

Brett Knoblauch - Cantor Fitzgerald

Tyler Radke - Citigroup

Noah Herman - JPMorgan Chase & Co.

John Byun - Jefferies

Operator

Greetings, and welcome to the Similarweb Fourth Quarter Fiscal Year 2022 Earnings Call. [Operator Instructions].

As a reminder, this conference is being recorded. I would now like to turn the call over to RJ Jones, Vice President of Investor Relations. Thank you. You may begin.

Raymond Jones

Thank you, operator. Welcome, everyone, to our fourth quarter 2022 earnings conference call. During this call, we will make forward-looking statements related to our business. These statements may include the expected performance of our business and our future financial results, our strategy, the potential impacts of the COVID-19 pandemic and its associated global economic uncertainty, our anticipated long-term growth and overall future prospects. These statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those projected or implied during the call. Further, reported results should not be considered as an indication of future performance.

Please review our Form 20-F filed with the SEC on March 25, 2022, in particular, to the section entitled Risk Factors therein for a discussion of the factors that could cause our actual results to differ from the forward-looking statements.

Also note that the forward-looking statements made on this call are based on the information available as of today's date, February 15, 2023. We undertake no obligation to update any forward-looking statements we make today, except as required by law.

As a reminder, certain financial measures we use in presentations of results and on our call today are expressed on a non-GAAP basis. In particular, we referenced non-GAAP operating loss, which represents GAAP operating loss, less share-based compensation, adjustments and payments related to business combinations, amortization of intangible assets and certain other nonrecurring items. We use this and other non-GAAP financial measures internally to facilitate analysis of our financial and business trends and for internal planning and forecasting purposes.

We believe these non-GAAP financial measures when taken collectively may be helpful to investors because they provide consistency and comparability with past financial performance by excluding certain items that may not be indicative of our business results of operations or outlook.