Earnings call transcript Q2 2023

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Operator

Good afternoon, everyone, and welcome to the Mobivity Second Quarter 2023 Earnings Results Call. Hosting the call today are, Tom Akin, Chairman of the Board; Kim Carlson, Chief Operating Officer; and Dennis Becker, Chief Executive Officer.

Before I turn the call over to management, I'd like to call everyone's attention to the company's safe harbor policy. Please note that certain statements made on this call will be forward-looking statements, which are subject to considerable risks and uncertainties. We caution you that such statements reflect the management's best judgement based on factors currently known and that the actual results or events could differ materially. Form documents the the its SEC, filed report the to from most to annual with time and on refer filed company by time recently Please XX-K. in particular, important These documents may actual the to results factors in other from contained statements. information cause those risk differ forward-looking contain that and identify and Any forward-looking call this made being statements are made during today. as of this reviewed call is call the today, the accurate after information. replayed or or not may presented If contain current during information the law, forward-looking even by anticipated Except assumes to no the available these required as forward-looking results if those update to company information becomes materially in statements update statements, obligation new in the from or the publicly the could future. reasons actual differ

reconciliation are directly financial with presentation, can release, Today's also call may our and include calculated be press available corporate at non-GAAP with a the measures, found comparable to financial GAAP which along in recent require measures, accordance presented today's that is in most which mobivity.com. which

said, I'd Tom is to over yours. the to the Akin. Tom, call floor that With turn like

Tom Akin

you And, thank QX everyone, and XXXX us joining you, operator. for Thank earnings today hello, call. for Mobivity's

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on played and Rewards, to exciting overwhelmingly role volume in us an our Connected a crystallizing platform to opportunity, game the and and Demand we and hires to publishers. game has With response pipeline positive are has their the The bringing ad today. experiencing way. brands and key to install continues identifying market critical is where are spend establish Rewards positive in grown Dennis returns publishers from the been both Connected addressable robust, grow.

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Dennis I'll now over will COO, hand who our continued few followed details our the Carlson, of call by a to Kim comments, for transformation. discuss Dennis? business new

Dennis Becker

moment of journey knew but for team. It's retention, on something holds interact with the Tom, engage app powerful game-changing. Mobivity Thank also your an redefine incredible only the last the The dedicated recognition. From not been we you, to the brands. and kind Connected over to envisioned Rewards, months with favorite their words I with brand were way customer XX fusion promise and transforms partnerships publishers acquisition the game and consumers and we

our bring domain who shareholders next partners Mobivity steadfastly perspective and will I'm the position level. have years. take fresh supported very team, and to leadership the transition role, leading my of new at Mobivity's I an management has the never my been has The the new all incredible company from impact potential past expertise transformation to necessary our over business the grateful of to so of As the Rewards and team X.X areas Connected key stronger. CEO belief the and in business

more Kim update detailed now our the over progress. call for I'll a on hand to

Kim Carlson

Dennis. you, Thank

stage. experience these strategy industry Rewards product, executives brand, next serve the the second company Connected and restaurant has advance in expertise of quarter, Each the and across to business our will hiring and to During we currently markets transformation drive their the engineering, experiencing. we that finance leaders key momentum the by address we are the accelerated of

is adoption the With our revenue and Connected remain platform double to the right and Rewards accelerate addressable committed massive, growth to run shaping technology we've in we about for of our groundwork future, to Rewards position This and The market Rewards to broader developing advance are advancements is and for people, ignite further we product Connected made the significant are for increasingly Connected strategy. product rate. success. laying the We our optimistic prospects the and ourselves adoption.

real games a where Rewards To-date, with and where level in-game we've a real-world games for and certain for acquisition, on-premises at Connected are content. game rewards brick-and-mortar offer a downloading game. enough Rewards location user for Connected real-world interacting Rewards or achievements, the or launched downloading achieving playing for offering rewards Connected rewards offered for winning

profitable lines we from Moreover, will preferences that will increase as valuable building provide these of customers. half year. our that growth to business are messaging we contact applications Each expect scale, significant game the provide text database legacy and launch to these rich than is of others second more value and of we the see through a many improve business, future to and and our we mobile campaigns the analytics times

I'll remarks. Tom for now call to turn back closing the

Tom Akin

not our of year. the the believe We the XX-Q. the in release direct detail. company is press advances we've made this chosen in financials first capitalize two I'll Kim. the positioned and Thanks, to We've on well Instead, discuss quarters you to to

advertisers out right confident business, optimistic great given the with to as connect brands the the roles increasingly -- have roll we Rewards. prospects we Connected capabilities with people the with that the and developers in game our I right now are enormous through new about We platform. for opportunities am

will traction scalable achieve and We gain Thanks. rapid, and growth. sustained

for over back I'll turn please. Q&A, the operator call the to

Operator

like Instructions] management I'd the any for [Operator turn to Well, team over question-and-answer back closing session. the our conference remarks. you. to this Thank concludes

Tom Akin

to and progress. for joining I us today's look everyone to on want call, everyone forward updating thank Thank I on Well, much. QX you our

Operator

today's concludes you. attending for conference you call. Thank today's presentation. We thank all This

disconnect your may wonderful a day. You have and now lines,

Mobivity (MFON) 14 Aug 232023 Q2 Earnings call transcript