Forrester Research, Inc. (NASDAQ:FORR) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET

Company Participants

Tyson Seely - Vice President of Investor Relations

George Colony - Chief Executive Officer and Chairman

Nate Swan - Chief Sales Officer

Chris Finn - Chief Financial Officer

Carrie Johnson - Chief Product Officer

Conference Call Participants

Andrew Nicholas - William Blair

Anja Soderstrom - Sidoti

Vincent Colicchio - Barrington Research

Operator

Good afternoon, and thank you for standing by. Welcome to Forrester's First Quarter 2023 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. Please be advised today's conference is being recorded.

I would now like to turn the conference over to the Vice President of Investor Relations, Tyson Seely. Please go ahead.

Tyson Seely

Thank you, and hello, everyone. Thanks for joining today's call.

Earlier this afternoon, we issued our press release for the first quarter of 2023. If you need a copy, you can find one on our website in the Investors section.

Here with us today to discuss our results are George Colony, Forrester's Chief Executive Officer and Chairman; Chris Finn, Chief Financial Officer; and Nate Swan, Chief Sales Officer. Carrie Johnson, our Chief Product Officer, is also here with us for the Q&A section of the call.

Before we begin, I'd like to remind you that this call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as expects, believes, anticipates, intends, plans, estimates or similar expressions are intended to identify these forward-looking statements. These statements are based on the company's current plans and expectations and involve risks and uncertainties that could cause future activities and results of operations to be materially different from those set forth in the forward-looking statements. Factors that could cause actual results to differ are discussed in our reports and filings with the Securities and Exchange Commission, and the company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Lastly, consistent with our previous calls, today we will be discussing our performance on an adjusted basis, which excludes items affecting comparability. While reporting on an adjusted basis is not in accordance with GAAP, we believe that reporting numbers on the adjusted basis provides a meaningful comparison and an appropriate basis for our discussion. You can find a detailed list of items excluded from these adjusted results in our press release.