1stdibs.Com, Inc. (NASDAQ:DIBS) Q2 2022 Earnings Conference Call August 10, 2022 8:00 AM ET

Company Participants

Kevin LaBuz - Head, IR and Corporate Development

David Rosenblatt - CEO

Tom Etergino - CFO

Conference Call Participants

Trevor Young - Barclays

Nick Jones - JMP Securities

Justin Post - Bank of America

Mark Mahaney - Evercore ISI

Ralph Schackart - William Blair

Operator

Good day, and thank you for standing by. Welcome to the 1stdibs.Com Second quarter 2022 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Kevin LaBuz. Please go ahead.

Kevin LaBuz

Good morning, and welcome to 1stdibs earnings call for the quarter ended June 30, 2022. I'm Kevin LaBuz, Head of Investor Relations and Corporate Development. Joining me today are CEO, David Rosenblatt; and CFO, Tom Etergino. David will provide an update on our business, including our strategy and growth opportunities and Tom will review our second quarter financial results and third quarter outlook. This call will be available via webcast under Investor Relations website at investors.1stdibs.com.

Before we begin, please keep in mind that our prepared remarks include forward-looking statements including, but not limited to, statements regarding guidance and future financial performance, market demand, growth prospects, business plans, strategic initiatives, evaluation of alternative, business and economic trend dynamics, including e-commerce growth rates and our potential responses thereto, international opportunities and competitive condition. Our actual results may differ materially from those expressed or implied in these forward-looking statements as a result of risks and uncertainties including those described in our SEC filings. Any forward-looking statements that we make on this call are based on our beliefs and assumptions as of today, and we disclaim any obligation to update them, except to the extent required by law.

Additionally, during the call, we'll present GAAP and non-GAAP financial measures. A reconciliation of non-GAAP to GAAP measures is included in today's earnings press release, which you can find on our Investor Relations website, along with a replay of this call. Lastly, please note that all growth comparisons are on a year-over-year basis, unless otherwise noted.

I'll now turn the call over to our CEO, David Rosenblatt. David?

David Rosenblatt

Thanks, Kevin. Good morning, and thank you for joining us today. Amid a challenging operating environment for e-commerce and home goods, we delivered GMV and revenue within our guidance range and EBITDA margin above our guidance range, as we manage expenses in light of continued soft consumer conversion.