Similarweb Ltd. (NYSE:SMWB) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET

Company Participants

Or Offer – Chief Executive Officer

Jason Schwartz – Chief Financial Officer

Raymond Jones – Vice President Investor Relations

Conference Call Participants

Arjun Bhatia – William Blair

Ryan MacWilliams – Barclays

Jason Helfstein – Oppenheimer & Co. Inc.

Brent Thill – Jefferies

Tyler Radke – Citi

Patrick Walravens – JMP Securities

Operator

Greetings, and welcome to Similarweb Q1 Fiscal 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Raymond Jones, Vice President Investor Relations. Please go ahead, sir.

Thank you, Operator. Welcome everyone to our first 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 it's 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. Again, actual results and the timing of certain events may differ materially from projected results or the timing predicted or implied by such forward-looking statements. Further, reported results should not be considered as an indication of future performance.

Please review our Form 20th filed with the SEC on March 25, 2022. In particular, 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 information available as of today's date, May 11, 2022. 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 non-recurring 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.