Fiverr International Ltd. (NYSE:FVRR) Q4 2023 Earnings Conference Call February 22, 2024 8:30 AM ET

Company Participants

Jinjin Qian - Executive Vice President, Strategic Finance

Micha Kaufman - Co-Founder, Chief Executive Officer and Director

Ofer Katz - President and Chief Financial Officer

Conference Call Participants

Eric Sheridan - Goldman Sachs

Ronald Josey - Citi

Wesley Sanford - JPMorgan

Andrew Boone - JMP Securities

Matt Farrell - Piper Sandler

Jason Helfstein - Oppenheimer & Co.

Kunal Madhukar - UBS

Brad Erickson - RBC Capital Markets

Bernie McTernan - Needham & Company

Marvin Fong - BTIG

Rohit Kulkarni - ROTH MKM

Operator

Good day and thank you for standing by. Welcome to the Fiverr Q4 and Full Year 2023 Earnings 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. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Jinjin Qian, EVP, Strategic Finance. Please go ahead.

Jinjin Qian

Thank you, operator, and good morning everyone. Thank you for joining us on Fiverr's

earnings conference call for the fourth quarter that ended December 31st, 2023. Joining

me on the call today are Micha Kaufman, Founder and CEO, and Ofer Katz, President

and CFO.

Before we start, I would like to remind you that during this call we may make

forward-looking statements and that these statements are based on our current

expectations and assumptions as of today and Fiverr assumes no obligation to update

or revise them.

A discussion of some of the important risk factors that could cause

actual results to differ materially from any forward-looking statements can be found

under the Risk Factors section in Fiverr's most recent Form 20-F and other filings with

the SEC.

During this call, we'll be referring to some key performance metrics and non-GAAP

financial measures, including adjusted EBITDA and adjusted EBITDA margin. Further

explanation and a reconciliation of each of the non-GAAP financial measures to the

most directly comparable GAAP measures is provided in the earnings release we

issued today and our shareholder letter, each of which is available on our website at

investors.fiverr.com.

And now, I will turn the call over to Micha.

Micha Kaufman

Thank you, Jinjin. Good morning everyone, and thank you for joining us. We entered 2023 with a backdrop of a challenging macroeconomic environment, weak SMB sentiment and waves of layoffs and hiring freezes across industries.