Confluent, Inc.

Hi, everyone. Welcome to the Confluent Q2 2023 Earnings Conference Call. I'm Shane Zee from Investor Relations, and I'm joined by J. Kraps, Co-Founder and CEO, Stephan Tomlinson, CFO, and Rohan Sivaram, our incoming CFO. During today's call, management will make forelooking statements regarding our business, operations, financial performance, and future prospects. These include statements regarding our financial guidance for the fiscal third quarter of 2023 and fiscal year 23, and growth in our market opportunity and market share. These following statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated by these statements. Further information on risk factors that could cause actual results to differ is included in our most recent Form 10-Q, filed with the SEC. We assume no obligation to update these statements after today's call except as required by law. Unless stated otherwise, certain financial measures used on today's call are expressed on a non-GAAP basis, and all comparisons are made on a yield-year basis. We use these non-GAAP financial measures internally to facilitate analysis of financial and business trends and for internal planning and forecasting purposes. These non-GAAP financial measures have limitations and should not be considered in isolation from or as a substitute for financial information prepared in accordance with GAAP. A reconciliation between these GAAP and non-GAAP financial measures is included in our earnings price release and supplemental financials, which can be found on our investor relations website at investors.confluent.io. And with that, I'll hand the call over to Jay.

Thanks, Shane. Good afternoon, everyone, and welcome to our second quarter earnings call. We delivered a great quarter. For the ninth time in a row, we exceeded the high end of all guided metrics. Before going into further detail on the quarter, I'd like to share some organizational news. Stefan Tomlinson will be stepping down from his role as Confluence CFO and will be joining Stripe as their CFO. Rohan Sivaram has been named Confluent's next chief financial officer. Rohan is a seasoned finance and operations leader with nearly two decades of experience at leading companies across financial services, cybersecurity, and data infrastructure. Rohan joined Confluent pre-IPO in 2020. He's been instrumental to the success of our organization across corporate finance, investor relations, treasury, and business operations. Over the last three years, I've had the opportunity to work very closely with Rohan and could not be more excited to see him assuming this new role as our CFO. And Stefan, I wanted to take a moment to thank you for everything you've done for us. You've had an impact on every aspect of Confluent, including growing and scaling our operations, building a world-class team, and taking us through all nine quarters of earnings as a public company. Thank you, and best of luck with your new role. Thank you, Jay.

It's been an amazing experience and career milestone to work with you and the talented team at Confluent. We've built a deeply differentiated platform that's powered our robust growth, which positions the company very well for the future. I couldn't think of a better leader than Rohan to help guide the company to the next level as Confluent's new CFO. Rohan is truly an exceptional leader. We've known each other for nearly a decade and work closely at both Confluent and Palo Alto networks. Congratulations, Rohan. You'll do great in your new role.