Los Angeles, CA – System1, Inc. held its Q3 2024 Earnings Conference Call on November 7, 2024, at 5:00 PM ET. The call featured key Company Participants including Kyle Ostgaard, Vice President of Finance; Michael Blend, Co-Founder & Chief Executive Officer; and Tridivesh Kidambi, Chief Financial Officer. Conference Call Participants included industry analysts Tom Forte from Maxim Group and Dan Kurnos from The Benchmark Company.

During the conference call, Ostgaard highlighted System1’s business and financial results, emphasizing the importance of forward-looking statements regarding the company’s operating performance, financial results, strategy, and long-term growth. He also discussed the potential risks and uncertainties associated with these statements, urging caution and highlighting the disclaimer that the company’s forward-looking statements are based on management’s assumptions and beliefs as of the date of the call.

Blend, the Co-Founder and CEO of System1, provided insights into the company’s performance and future prospects, echoing Ostgaard’s emphasis on the importance of regulatory and compliance matters. He expressed confidence in the company’s ability to navigate the current uncertainty and unpredictability in the business environment, acknowledging the challenges but also showcasing a sense of optimism.

Kidambi, as the Chief Financial Officer, presented non-GAAP financial measures such as adjusted EBITDA and adjusted gross, shedding light on the company’s financial health and performance metrics. The discussion delved into System1’s strategic vision, operational strategies, and the impact of market dynamics on the company’s bottom line.

Overall, the conference call provided a comprehensive overview of System1’s Q3 2024 performance, highlighting key achievements, challenges, and opportunities for growth. The company’s leadership team conveyed a sense of confidence in their ability to steer the company through the current economic climate, emphasizing a long-term perspective and a commitment to delivering value to shareholders.