FactSet Research Systems Inc. (FDS) Q1 2023 Earnings Call Transcript

FactSet Research Systems Inc. (NYSE:FDS) Q1 2023 Earnings Conference Call December 20, 2022 11:00 AM ET

Company Participants

Kendra Brown - Senior Vice President, Investor Relations

Philip Snow - Chief Executive Officer

Linda Huber - Chief Financial Officer

Conference Call Participants

Manav Patnaik - Barclays

Toni Kaplan - Morgan Stanley

Andrew Nicholas - William Blair

Alex Kramm - UBS

George Tong - Goldman Sachs

Craig Huber - Huber Research

Faiza Alwy - Deutsche Bank

Kevin McVeigh - Credit Suisse

Hans Hoffman - Jefferies

Shlomo Rosenbaum - Stifel

Keith Housum - Northcoast Research

Owen Lau - Oppenheimer

Operator

Good day. Thank you for standing by. Welcome to FactSet First Fiscal Quarter 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 like to hand the conference over to your host today, Kendra Brown, Senior Vice President, Investor Relations. Please go ahead.

Kendra Brown

Thank you, and good morning, everyone. Welcome to FactSet’s first fiscal quarter 2023 earnings call. Before we begin, I would like to point out that the slides we will reference during this presentation can be accessed via the webcast on the Investor Relations section of our website at factset.com. The slides will be posted on our website at the conclusion of this call. A replay of today's call will be available via phone and on our website. After our prepared remarks, we will open the call to questions from investors. To be fair to everyone, please limit yourself to one question plus one follow-up.

Before we discuss our results, I encourage all listeners to review the legal notice on Slide 2, which explains the risks of forward-looking statements and the use of non-GAAP financial measures. Additionally, please refer to our Forms 10-K and 10-Q for a discussion of risk factors that could cause actual results to differ materially from these forward-looking statements.

Our slide presentation and discussions on this call will include certain non-GAAP financial measures. For such measures, reconciliation to the most directly comparable GAAP measures are in the appendix to the presentation and in our earnings release issued earlier today.

Joining me today are Phil Snow, Chief Executive Officer; and Linda Huber, Chief Financial Officer.

I will now turn the discussion over to Phil Snow.