SPS Commerce, Inc. (NASDAQ:SPSC) Q2 2023 Earnings Conference Call July 27, 2023 4:30 PM ET

Company Participants

Irmina Blaszczyk - IR

Archie Black - CEO

Kim Nelson - EVP and CFO

Conference Call Participants

Matt Pfau - William Blair

Scott Berg - Needham & Company

Parker Lane - Stifel

Jeff Van Rhee - Craig-Hallum

Nehal Chokshi - Northland Capital Markets

Mark Schappel - Loop Capital

Joe Vruwink - Robert W. Baird

Operator

Good day and welcome to the SPS Commerce Second Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Irmina Blaszczyk, Investor Relations for SPS Commerce. Please go ahead.

Irmina Blaszczyk

Thank you, Drew. Good afternoon, everyone, and thank you for joining us on SPS Commerce second quarter 2023 conference call. We will make certain statements today, including with respect to our expected financial results, full to-market strategy and efforts designed to increase our traction and penetration with retailers and other customers. These statements are forward-looking and involve a number of risks and uncertainties that could cause actual results to differ materially.

Please note that these forward-looking statements reflect our opinions only as of the date of this call, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Please refer to our SEC filings, specifically our Form 10-K as well as our financial results press release for a more detailed description of the risk factors that may affect our results. These documents are available on our website, spscommerce.com, and at the SEC's website, sec.gov. In addition, we are providing a historical data sheet for easy reference on the Investor Relations section of our website, spscommerce.com.

During our call today, we will discuss adjusted EBITDA financial measures and non-GAAP income per share. In our press release and our filings with the SEC, each of which is posted on our website, you will find additional disclosures regarding these non-GAAP financial measures, including reconciliations of these measures with comparable GAAP measures.

And with that, I will turn the call over to Archie.

Archie Black

Thank you, Irmina, and welcome, everyone. Before I proceed with my prepared remarks, I'd like to mention the CEO announcement we made earlier this month. In October, I will transition to the role of Executive Chair of the Board as we welcome our new CEO, Chad Collins. Given Chad's leadership and industry experience, I believe he is uniquely qualified to lead SPS through its next chapter of growth and innovation, capitalizing on omnichannel retail dynamics. We look forward to introducing Chad to you all on our third quarter earnings conference call.