PSFE - Paysafe Limited (PSFE) Q1 2024 Earnings Call Transcript

2024-05-13 20:23:14 ET

Paysafe Limited (PSFE)

Q1 2024 Earnings Conference Call

May 13, 2024 04:30 PM ET

Company Participants

Kirsten Nielsen - Senior Vice President, Investor Relations

Bruce Lowthers - Chief Executive Officer and Executive Director

Alex Gersh - Chief Financial Officer

Conference Call Participants

David Togut - Evercore ISI

Dan Perlin - RBC Capital Markets

Aditya Buddhavarapu - Bank of America Securities

Paul Obrecht - Wolfe Research

Spencer James - Jefferies

Timothy Chiodo - UBS

Andrew Harte - BTIG

Presentation

Operator

Hello, and welcome to the Paysafe First Quarter 2024 Earnings Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions] As a remainder, this conference is being recorded.

It’s now my pleasure to turn the call over to, Kirsten Nielsen, Head of Investor Relations. Please go ahead, Kirsten.

Kirsten Nielsen

Thank you, and welcome to Paysafe’s earnings conference call for the first quarter of 2024. Joining me today are Bruce Lowthers, Chief Executive Officer; and Alex Gersh, Chief Financial Officer.

Before we begin, a reminder that this call will contain forward-looking statements and should be considered in conjunction with cautionary statements contained in our earnings release and the Company’s most recent SEC reports. These statements reflect management’s current assumptions and expectations and are subject to factors that may cause actual results to differ materially from those forward-looking statements. You should not place undue reliance on these statements. Forward-looking statements during this call speak only as of the date of this call, and we undertake no obligation to update them.

Today’s presentation also contains non-GAAP financial measures. You can find additional information about these measures and reconciliations to the most directly comparable GAAP financial measures in today’s press release and in the appendix to this presentation, which are available on the Investor Relations section of our website.

With that, I’ll turn the call over to Bruce.

Bruce Lowthers

Thanks, Kirsten, and good afternoon. Thank you all for joining us today. We kicked-off the year with a great start, delivering strong results in the first quarter, reinforcing that our strategy and associated investments are driving momentum in the business and setting us up for long-term success....

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