6/4/2025

speaker
Lisa
Operator

Good day, and thank you for standing by. Welcome to the Reference Systems, Inc. 2021-2026 Earnings Conference Call. At this time, all participants in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you 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 turn the conference over to your speaker for today, Matthew Franco.

speaker
Matthew Franco
Vice President, Investor Relations

Please go ahead. Thank you, operator. Good afternoon, and thank you for joining our conference call today.

speaker
Investor Relations
Head of Investor Relations

I'm here with Dan Bodnar, Variant's CEO, Grant Highlander, Variant's CFO, and Alan Roden, Variant's Chief Corporate Development Officer. Before getting started, I'd like to mention that accompanying our call today is a slide presentation. If you'd like to view these slides in real time during the call, please visit the IR section of our website at variant.com. Click on the Investor Relations tab, then click on the webcast link and select today's conference call. I'd also like to draw your attention to the fact that certain matters discussed in this call may contain forward-looking statements within the meaning of the private securities litigation reform act of 1995 and other provisions of the federal securities laws. These forward-looking statements are based on management's current expectations and are not guarantees of future performance. Actual results could differ materially from those expressed in or implied by these forward-looking statements. The forward-looking statements are made at the date of this call and, as accepted as required by law, VARIN assumes no obligation to update or revise them. Investors are cautioned not to place undue reliance on these forward-looking statements. For a more detailed discussion of how these and other risks and uncertainties could cause VARIN's actual results to differ materially from those indicated in these forward-looking statements, please see our Form 10-K for the fiscal year ended January 31st, 2025, our Form 10-Q for the quarter ended April 30th, 2025, when filed, and other filings we make at the SEC. The financial measures discussed today include non-GAAP measures and certain operating metrics, as we believe investors focus on those measures in comparing results between periods and among our peer companies. These include revenue and ARR growth, which are adjusted for the divestiture we effectuated on January 31, 2024. Please see today's slide presentation and earnings release in the investor relations section of our website at barron.com for a reconciliation of non-GAAP financial measures to GAAP measures, as well as for more information about our key operating metrics. Non-GAAP financial information should not be considered an isolation problem as a substitute for or superior to GAAP financial information, but is included because management believes it provides meaningful supplemental information regarding our operating results when assessing our business and is useful to investors for informational and comparative purposes. The non-GAAP financial measures the company uses have limitations and may differ from those used by other companies. Now, I'd like to turn the call over to Dan. Dan?

Disclaimer

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Investor presentation