Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) Q1 2023 Earnings Conference Call May 15, 2023 4:30 PM ET

Company Participants

Zaia Lawandow - Head, Investor Relations

William Rouhana - Chairman & Chief Executive Officer

Jason Meier - Chief Financial Officer

Conference Call Participants

Jason Kreyer - Craig-Hallum

Eric Wold - B. Riley Securities

Brian Kinstlinger - AGP

Dan Kurnos - The Benchmark Company

Michael Pochucha - Northland Securities

Operator

Good day and thank you for standing by. Welcome to the Chicken Soup for the Soul Entertainment's First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [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 Zaia Lawandow, Head of Investor Relations. Please go ahead sir.

Zaia Lawandow

Thank you, operator. Good afternoon and thank you for joining us. We'll begin with opening remarks from our Chairman and CEO, William J. Rouhana, followed by remarks from our CFO, Jason Meier. After their remarks, we'll open the call for questions.

Matters discussed on this call use forward-looking statements including those regarding the performance of future fiscal years. Such statements are subject to a number of risks and uncertainties.

Actual results could differ materially and adversely from those described in the forward-looking statements as a result of various factors. This includes the risk factors set forth in our most recent annual report on Form 10-K and in our most recent quarterly report on Form 10-Q.

The company undertakes no obligation to update any forward-looking statements. Please refer to the earnings release in the Investor Relations section of the company's website for a discussion of certain non-GAAP forward-looking measures discussed on this call.

With that, I'll turn the call over to William Rouhana, Chairman and CEO. Bill please go ahead.

William Rouhana

Thanks Zaia. Good afternoon everyone and thank you for joining us. I'm pleased to report that we had a good start to the year with revenue and adjusted EBITDA coming in within our guidance range.

Consolidated revenue for the quarter was $110 million, adjusted EBITDA was $20 million, and as many of you know we only reported the fourth quarter six weeks ago so there hasn't been a lot of time since that report, but it's probably worth highlighting some of the progress we've made since then.