Thomson Reuters Corporation (NYSE:TRI) Q3 2023 Earnings Conference Call November 1, 2023 9:00 AM ET
Company Participants
Gary Bisbee - Head of Investor Relations
Steve Hasker - President, CEO and Director
Mike Eastwood - Chief Financial Officer
Drew McReynolds - RBC
Aravinda Galappatthige - Canaccord Genuity
Vince Valentini - TD Cowen
Heather Balsky - Bank of America
Scott Fletcher - CIBC
Manav Patnaik - Barclays
Andrew Steinerman - JPMorgan
Toni Kaplan - Morgan Stanley
Maher Yaghi - Scotiabank
George Tong - Goldman Sachs
Doug Arthur - Huber Research
Operator
Good day, everyone, and welcome to the Thomson Reuters Third Quarter Earnings Call. Today's conference is being recorded.
At this time, I'd like to turn the call over to Gary Bisbee, Head of Investor Relations. Please go ahead.
Gary Bisbee
Thank you, Ali. Good morning, everybody, and thank you for joining us today for our third quarter 2023 earnings call. I'm joined today by our CEO, Steve Hasker; and our CFO, Mike Eastwood, each of whom will discuss our results and take your questions following their remarks. [Operator Instructions]
Throughout today's presentation, when we compare performance period-on-period, we discuss revenue growth rates before currency as well as on an organic basis. We believe this provides the best basis to measure the underlying performance of the business.
I'd like to highlight this quarter a change -- slight change to our non-IFRS measures. Beginning with this quarter's results, we now add back to adjusted earnings the noncash intangible amortization expense related to acquired software. Mike will discuss this change in more detail in a few minutes. To help with your models, note that we've posted a historical restatement or revision of the non-IFRS calculation to the IR website.
Today's presentation contains forward-looking statements and non-IFRS financial measures. Actual results may differ materially due to a number of risks and uncertainties discussed in reports and filings that we provide to regulatory agencies. You may access these documents on our website or by contacting our Investor Relations department.
Let me now turn it over to Steve Hasker.
Steve Hasker
Thank you, Gary, and thanks to all of you for joining us today. Let me start by saying that we are deeply saddened to learn that on Friday, October 13, Reuters visual journalist, Issam Abdallah, was killed when a shell hit him while he was filming cross-border fire between Israel and Lebanon. Thaer Al-Sudani and Maher Nazeh, two other Reuters journalists, and colleagues from AFP and Al-Jazeera were also injured in the shelling. Issam was an experienced, talented, passionate journalist. And his loss is deeply felt in our newsrooms and across Thomson Reuters. Our thoughts are with Issam's friends and family as well as our Reuters colleagues who continue to report in escalating conditions from Gaza. Reporting on world events with accuracy, integrity, independence and freedom from bias is core to what we stand for and is critically important for our journalists to be able to do so safely.