FOUR - Shift4 Payments Inc. (FOUR) Q1 2024 Earnings Call Transcript
2024-05-09 15:45:27 ET
Shift4 Payments, Inc. (FOUR)
Q1 2024 Earnings Conference Call
May 9, 2024 8:30 AM ET
Company Participants
Thomas McCrohan - Executive Vice President-Investor Relations
Jared Isaacman - Chief Executive Officer
Taylor Lauber - President & Chief Strategy Officer
Nancy Disman - Chief Financial Officer
Conference Call Participants
Darrin Peller - Wolfe Research
William Nance - Goldman Sachs
Timothy Chiodo - UBS
Dan Dolev - Mizuho
Sanjay Sakhrani - KBW
Presentation
Operator
Greetings, and welcome to Shift4 Q1 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
I would now like to turn the conference over to your host, Tom McCrohan, Executive Vice President, Investor Relations. Please go ahead.
Thomas McCrohan
Thank you, operator. Good morning, everyone and welcome to Shift4's first quarter 2024 earnings conference call. With me on the call today are Jared Isaacman, Shift4's Chief Executive Officer; Taylor Lauber, our President and Chief Strategy Officer and Nancy Disman, our Chief Financial Officer. This call is being webcast on the Investor Relations section of our website, which can be found at investors.shift4.com.
Today's call is also being simulcast on XSpaces, formerly known as Twitter, which can be accessed through our corporate Twitter account, @Shift4. Our quarterly Shareholder Letter, quarterly financial results and other materials related to our quarterly results have all been posted to our IR website. Our call and earnings materials today include forward-looking statements. These statements are not guarantees of future performance and our actual results could differ materially as a result of certain risks, uncertainties and many important factors.
Additional information concerning those factors is available in our most recent reports on Forms 10-K and 10-Q, which you can find on the SEC's website and the Investor Relations section of our corporate website. For any non-GAAP financial information discussed on this call, the related GAAP measures and reconciliations are available in today's quarterly Shareholder Letter.
With that, let me turn the call over to Jared. Jared?
Jared Isaacman
Hey. Thanks, Tom. So, if you've already reviewed our earnings letter, then you already know this was a very busy quarter, and there's an awful lot for us to discuss today. So, we wrapped up a strategic review. We continued to win some of the most coveted enterprise merchants. We added thousands of new SkyTab customers.
We cross-sold ticketing to our numerous stadium wins, and we announced a synergy-rich and very attractively-priced acquisition alongside continuing our geographic expansion and delivering reasonably-strong results and record free cash flow. I think the only thing we probably could have done better is help analysts capture the right seasonal cadence of our business. We're obviously diversifying and growing very quickly....
Shift4 Payments, Inc. (FOUR) Q1 2024 Earnings Call Transcript