Etsy's (ETSY) CEO Josh Silverman on Q1 2018 Results - Earnings Call Transcript

May 08, 2018 11:19 PM ETEtsy, Inc. (ETSY)
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Etsy, Inc. (NASDAQ:ETSY) Q1 2018 Results Earnings Conference Call May 8, 2018 5:00 PM ET

Executives

Gabe Ratcliff - Senior Manager, IR

Josh Silverman - CEO

Rachel Glaser - CFO

Analysts

Matt Yamamoto - D. A. Davidson

Heath Terry - Goldman Sachs

Edward Yruma - KeyBanc Capital Markets Inc.

Brandon Hoffman - Morgan Stanley

Ronald Bookbinder - IFS Securities, Inc.

Gabe Ratcliff

Thank you. Good afternoon and welcome to Etsy's First Quarter Earnings Conference Call. Joining me today are Josh Silverman, CEO; Rachel Glaser, CFO; and Deb Wasser, our new VP of Investor Relations.

Before we get started, just a reminder that our remarks today includes forward-looking statement relating to our business strategy, financial guidance, and key drivers, thereof, including the impact of our focused areas and key initiatives, our investment portfolio and product launch roadmap, and expected impact on future GMS and revenue growth, and the external impact of external headwinds.

Our actual results may differ materially. Forward-looking statements involve risks and uncertainties, which are described in our press release today and in our 10-K filed with the SEC on March 1st, 2018, and subsequent reports that we filed with the SEC. Any forward-looking statements that we make on this call are based on our beliefs and assumptions today, and we don't have any obligation to update them.

Also during the call, we'll present both GAAP and non-GAAP financial measures. A reconciliation of GAAP -- of non-GAAP to GAAP measures is included in today's earnings press release, which you can find on our Investor Relations website. A link to the replay of this call will also be available there. And if you'd prefer to access a replay via phone, you can find that information in the press release as well.

Finally, for your reference, we had posted a presentation at our

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