Sharecare, Inc. (NASDAQ:SHCR) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET
Company Participants
Jeff Arnold - Chairman & CEO
Justin Ferrero - President & CFO
Jaffry Mohammed - COO
Conference Call Participants
David Larsen - BTIG
Eric Percher - Nephron Research
Operator
Good day, and welcome to the Sharecare Second Quarter 2023 Earnings Call and Webcast. All participants are in listen-only mode. After today's presentation, there will be an opportunity to ask questions. [Operator Instructions]. Today's call is being recorded and will be available on the company's website.
On today's call, we have Mr. Jeff Arnold, Chairman and CEO; and Mr. Justin Ferrero, President and Chief Financial Officer; as well as Mr. Jaffry Mohammed, Chief Operating Officer, who will join for the question-and-answer session.
Before we begin, we would like to remind you that certain statements made during this call will be forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, which includes statements regarding strategic initiatives, strategic cost saving, new capabilities, pipelines, and our guidance.
These forward-looking statements are subject to various risks and uncertainties and reflect our current expectations based on our beliefs, assumptions and information currently available to us. Although, we believe these expectations are reasonable, we undertake no obligation to revise any statement to reflect changes that will occur after this call.
Descriptions of some of the factors that could cause actual results to differ materially from these forward-looking statements are discussed in more detail in our filings with the SEC, including the Risk Factors section of our Form 10-K for the year ended December 31, 2022.
In addition, please note that the company will be discussing certain non-GAAP financial measures that we believe are important in evaluating performance. Details on the relationship between these non-GAAP measures to the most comparable GAAP measures and reconciliation of historical non-GAAP financial measures can be found in the press release that is posted on the company's website.
I would now like to hand the conference call over to Mr. Jeff Arnold. Jeff, please go ahead.
Jeff Arnold
Good morning and thank you for joining us today as we discuss Sharecare's Q2 2023 results.
First, I want to briefly discuss the conclusion of our strategic review, which we announced on May 31. The Board came to the unanimous decision that our three business channels: enterprise, provider, and life sciences, complement one another with a depth and breadth of capabilities that together create a unique platform driven ecosystem built for scale. The strategic alignment of these businesses allows us to seize new growth opportunities and serve our expanding customer base and their needs more effectively, which I will highlight during today's comments.