CarGurus, Inc.

Greetings ladies and gentlemen and welcome to Cargoers Inc. third quarter of 2022 earnings results conference. At this time all participants are in listen-only mode. Question and answer session will follow the formal presentation. Anyone should require operator assistance during the conference, please press target zero on your telephone keypad. As a reminder, this conference is being recorded. It's now my pleasure to introduce your host, Kandeep Singh, Vice President, Investor Relations.

Please go ahead.

Thank you, Operator. Good afternoon. I'm delighted to welcome you to CarGuru's third quarter 2022 earnings call. We will be discussing the results announced in our press release issued today after the market closed and posted on our Investor Relations website. With me on the call today are Jason Trevison, Chief Executive Officer, and Sam Zales, President and Chief Operating Officer. During the call, we will make statements regarding our business that may be considered forward-looking with inapplicable securities laws, including statements concerning our outlook for the fourth quarter and full year 2022, management's expectations for our future financial and operational performance, our business and growth strategies, our expectations for our car offer business and acquisition synergies, the value proposition of our current product offerings and other product opportunities, the impact of the semiconductor chip shortage and other macro-level industry issues, and other statements regarding our plans, prospects, and expectations. These statements are not promises or guarantees and are subject to risks and uncertainties, which could cause them to differ materially from actual results. Information concerning those risks is available in our earnings press release distributed after market closed today and in our most recent reports on Forms 10-K and 10-Q, which, along with our other SEC filings, can be found on our SEC's website and in the investor relations section of our website. We undertake no obligation to update forward-looking statements except as required by law. Further, during the course of our call today, we will refer to certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in our press release issued today, as well as in our updated investor presentation. which can also be found on the investor relations section of our website. With that, I'll now turn it over to Jason.