Playtika Holding Corp.

Good day and thank you for standing by. Welcome to Platica Q2 2023 earnings call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Tay Lee, SVP of Corporate Finance and Investor Relations. Please go ahead.

Welcome, everyone, and thank you for joining us today for the second quarter 2023 earnings call for Platica Holding Corp. Joining me on the call today are Robert Anticall, co-founder and CEO of Platica, and Craig Abrams, Platica's President and Chief Financial Officer. I'd like to remind you that today's discussion may contain forward-looking statements, including, but not limited to, the company's anticipated future revenue and operating performance. These statements and other comments are not a guarantee of future performance, but rather are subject to risks and uncertainties, some of which are beyond our control. These forward-looking statements apply as of today, and you should not rely on them as representing our views in the future. We undertake no obligation to update these statements after the call. For more complete discussion of the risks and uncertainties, please see our filings with the SEC. We've posted an accompanying slide deck to our investor relations website, and we will also post our prepared remarks immediately following the call. With that, I will now turn the call over to Robert.

Good morning, and thank you, everyone, for joining our call today. Before we dive into business and financial results for the quarter, I would like to highlight our recent announcement to acquire the Governor of Poker Franchise. Over our history, we have successfully executed various acquisitions that have played an important role in establishing Playtika as an industry leader in mobile gaming. We are consistently searching for a promising game franchise that we can optimize and monetize using our operations, excellence, and best-in-class live ops. Govern of Poker is a well-established franchise with a lower player base. generating most of its revenue from Europe. When combined with our unique expertise and tools in game operation, we see it as a good opportunity to further expand our leadership in social poker market. Turning to our quarterly results, this quarter we generate net income of $75.7 million and credit adjusted EBITDA of $215 million, which markers 6.7% growth year over year. This demonstrates our focus on running more efficiently while continuing to invest in developing better tools and technology. As a result of our early investment in AI and the efforts of our team, we are now strategically integrating these AI driven tools into our studios, which should provide opportunities to support our margins in the future. In addition, we are seeing how our internally developing tools, combined with our industry-leading expertise in LiveOps, is creating new opportunities of growth for our games, while providing a platform to support any future M&A. I will now turn it to Craig, who will walk through the financial and discuss the quarter in greater detail. Thank you, Robert.