Mondee Holdings, Inc. (NASDAQ:MOND) Q2 2023 Earnings Conference Call August 15, 2023 8:30 AM ET

Company Participants

Jeff Houston – Senior Vice President

Prasad Gundumogula – Founder, Chairman and Chief Executive Officer

Jesus Portillo – Chief Financial Officer

Orestes Fintiklis – Vice Chairman, Chief Strategy and Business Development Officer

Jim Dullum – Chief Operating Officer

Conference Call Participants

Darren Aftahi – ROTH MKM

Nick Jones – JMP Securities

Brett Knoblauch – Cantor Fitzgerald

Mike Grondahl – Northland Securities

Operator

Good day, and welcome to the Mondee Second Quarter 2023 Earnings Conference Call. Please note, this event is being recorded. I would now like to turn the conference call over to Jeff Houston, Senior Vice President. Jeff, please go ahead.

Jeff Houston

Thank you, operator. And good morning, everyone. Welcome to Mondee’s second quarter 2023 conference call.

With me today is Founder, Chairman and CEO, Prasad Gundumogula; and Chief Financial Officer, Jesus Portillo, who will present our results. Also available for questions and answers is our Vice Chairman, Chief Strategy and Business Development Officer, Orestes Fintiklis; and Chief Operating Officer, Jim Dullum.

Before we begin, I would like to remind everyone that this call may contain forward-looking statements, including statements about revenue, growth of our business, our management and government plans and other non-historical statements as further described in our press release. These forward-looking statements are subject to certain risks, uncertainties and assumptions, including those related to Mondee’s growth, the evolution of our industry, our product development and success, our management performance and general economic and business conditions. We undertake no obligation to revise any statements to reflect changes that occur after this call. Descriptions of these and other risks that could cause actual results to have a material difference from these forward-looking statements are discussed in our reports filed with the SEC and in our press release that was issued this morning.

During the call, we also refer to non-GAAP financial measures. Reconciliations of the most comparable GAAP measures are also available in the press release, which is available at investors.mondee.com.

With that, it’s my pleasure to turn it over to Prasad.

Prasad Gundumogula

Thank you, Jeff. This morning, we are excited to welcome everyone to Mondee’s second quarter 2023 earnings call to discuss our results and significant developments. We appreciate your interest, whether you are a shareholder, a client, supplier, business partners, employee, prospective shareholders or analyst.

I’ll begin today’s call with our business highlights and strategy and then I will turn the call over to our CFO, Jesus Portillo, for a more detailed review of our financial results and outlook. We will then conclude the session with time to answer a few questions.