Brookfield Business Partners L.P. (BBU) Q2 2023 Earnings Call Transcript

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Q2: 2023-08-04 Earnings Summary

EPS of -$1.32 misses by $1.32
 | Revenue of $13.51B (-7.66% Y/Y) beats by $9.14B

Brookfield Business Partners L.P. (NYSE:BBU) Q2 2023 Earnings Conference Call August 4, 2023 9:30 AM ET

Company Participants

Alan Fleming - Head-Investor Relations
Cyrus Madon - Chief Executive Officer
Anuj Ranjan - President
Jaspreet Dehl - Chief Financial Officer
Patrick McHugh - Chief Executive of Scientific Games

Conference Call Participants

Gary Ho - Desjardins Capital Markets
Andrew Kuske - Credit Suisse
Jaeme Gloyn - National Bank
Devin Dodge - BMO Capital Markets
Nik Priebe - CIBC Capital Markets

Operator

Welcome to Brookfield Business Partners’ Second Quarter 2023 Results Conference Call and Webcast. As a reminder, all participants are in a listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the conference over to Alan Fleming, Head of Investor Relations. Please go ahead, Mr. Fleming.

Alan Fleming

Thank you, operator, and good morning. Before we begin, I’d like to remind you that in responding to questions and talking about our growth initiatives and our financial operating performance, we may make forward-looking statements. These statements are subject to known and unknown risks, and future results may differ materially. For further information on known risk factors, I encourage you to review our filings with the securities regulators in Canada and the U.S., which are available on our website.

Joining me on the call today are Cyrus Madon, our Chief Executive Officer; Anuj Ranjan, President and Jaspreet Dehl, our Chief Financial Officer. We’re also joined today by Pat McHugh, the Chief Executive of Scientific Games or rather services and technology operation.

Cyrus will lead off the call today and provide an update on our strategic initiatives followed by Anuj who will discuss the evolution of our technology strategy. Patrick will provide an update on scientific games and

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