SciPlay Corporation (NASDAQ:SCPL) Q1 2022 Earnings Conference Call May 10, 2022 5:30 PM ET

Company Participants

Jim Bombassei – Investor Relations

Josh Wilson – Chief Executive Officer

Daniel O'Quinn – Interim Chief Financial Officer

Conference Call Participants

Ryan Sigdahl – Craig-Hallum

David Karnovsky – JPMorgan

Eric Sheridan – Goldman Sachs

Aaron Lee – Macquarie

Franco Granda – D.A. Davidson

Matthew Thornton – Truist Securities

Operator

Hello and welcome to SciPlay First Quarter 2022 Conference Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator instructions]

Now let me turn the call over to Jim Bombassei. Please go ahead, sir.

Jim Bombassei

Thank you, operator, and good afternoon everyone. During today's call, we will discuss our first quarter 2022 results and operating performance, followed by a question-and-answer period. With me today are CEO, Josh Wilson; and Interim CFO, Daniel O'Quinn. Our call today will contain certain statements that include forward-looking statements under the Private Securities Litigation Reform Act of 1995.

These statements involve certain risks and uncertainties that could cause actual results to differ materially from those discussed during the call. For information regarding these risks and uncertainties, please refer to our earnings release issued today and our filings with the SEC. We will also discuss certain non-GAAP financial measures. A description of each non-GAAP measure and a reconciliation of each non-GAAP measure to the most directly comparable GAAP measure can be found in our earnings release posted in the Investors section on our website. In addition, please that KPIs discussed on today's call referred to in-app purchases only unless otherwise noted. As a reminder, this conference call is being recorded. A replay of the webcast and accompanying materials will be archived in the Investors section at our website at sciplay.com.

And now I'll turn the call over to Josh.

Josh Wilson

Thanks, Jim. Good morning everyone and thanks for joining today. We're going to keep today's call relatively short giving our upcoming Investor Day, which will take place Tuesday, May 17th in New York, which will also be available via webcast. That said we have a lot to be excited about after another incredible strong quarter of above market growth. Let me run through a few highlights. We are very pleased with our team's performance as we are building upon last year's momentum and continue our record strong core operations. The first quarter of 2022 was the second highest revenue quarter exceeded only by the second quarter of 2020 a quarter that of course we saw dramatic growth in revenue because of what happened with COVID.