i3 Verticals, Inc.

Good day everyone and welcome to the I3 Verticals third quarter 2026 earnings conference call. Today's call is being recorded and a replay will be available starting today through August 14th. The number for the replay is 855-669-9658 and the code is 946-6422. The replay may also be accessed for 30 days at the company's website. At this time, for opening remarks, I would like to turn the call over to Clay Whitson, Chief Strategy Officer. Please go ahead, sir.

Good morning, and welcome to the third fiscal quarter 2026 conference call for I3 Verticals. Joining me on this call are Greg Daily, our Chairman and CEO, Rick Stanford, our President, Geoff Smith, our CFO, Paul Christians, our Chief Revenue Officer. To the extent any non-GAAP financial measures discussed in today's call, you will also find a reconciliation to the most directly comparable GAAP financial measure by reviewing yesterday's earnings release. It is the company's intent to provide non-GAAP financial information to enhance understanding of its consolidated GAAP financial information. This non-GAAP financial information should be considered by each individual in addition to, but not instead of, the GAAP financial statements. This conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements, among others, regarding the company's expected financial and operating performance. For this purpose, any statements made during this call that are not statements of historical fact may be deemed to be forward-looking statements. You are hereby cautioned that these forward-looking statements may be affected by important factors among others set forth in the company's earnings release and in reports that are filed or furnished to the SEC. Consequently, actual operations and results may differ materially from those discussed in the forward-looking statements. Finally, the information shared on this call is valid as of today's date, and the company undertakes no obligation to update it, except as may be required under applicable law. I will now turn the call over to the company's chairman and CEO, Greg Daily.

Thanks, Clay, and good morning to all of you on the call. Our third quarter results fell short of our expectations, and we're disappointed in the outcomes. The primary challenge continues to be slower than expected growth in certain areas of the business, particularly within revenue streams that tend to be less recurring in nature. Geoff will elaborate further. Despite the disappointing quarter, there are aspects of the business that continue to perform well. Annualized recurring revenue grew at 8% year over year, reflecting the ongoing value of our software solutions provided to our customers and the strength of the markets we serve. We have several material go-lives recently that Paul is excited to share with you later in the call. We have laid the groundwork to realize margin expansion in the coming quarters. We remain confident in the long-term opportunity in front of us. Across our public sector and markets, agencies continue to prioritize modernization, digital engagement and Operational Efficiencies. We believe our software platforms, transaction-based solutions and deep domain expertise position us well to participate in these trends. With that, I'll turn it over to Jeff. He'll walk you through our financial results in more detail. Thanks, Greg.