Sharecare, Inc. (NASDAQ:SHCR) Q2 2023 Earnings Call Transcript

Jeff Arnold: Yes. And I would just say the quality of the execution of campaigns year-to-date has been very strong. And again, how we differentiate is our zero party 100 million person database. So we’re our — we’re pretty precise on our targeting. But just to answer your question, I mean, what gives us the confidence is the quality of our execution of campaigns to-date. So we think the customers will be there in the second half of the year for us.

Eric Percher: Yes. I hear you on that’s how you outperform the market. But Jeff, what is your perspective on the overall market? And do you expect this downturn to — do you have a view on duration?

Jeff Arnold: I’m hoping that 2024 is stronger than what the last two years have been. So — but we’re watching it carefully and we’re adjusting our products and our mix to be able to succeed in current conditions. But we’re hopeful with the GLP-1s and others that, that there’ll be some new opportunities.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over Mr. Jeff Arnold for any closing remarks.

Jeff Arnold: Well, thank you. In closing, I want to reiterate that we’re very pleased with our financial performance this quarter. I’d also like to take a moment to reinforce the fact that we are confident in Sharecare today and into the future and remain committed to maximizing shareholder value. We’re confident on our strategic direction and our products and solutions and in our pipeline. We’re confident in our team and our ability to maximize the opportunities before us optimize efficiencies and manage expenses responsibly. We appreciate your time and interest this morning, and thank you. Have a great day.

Operator: The conference is now concluded. Thank you for attending today’s presentation and you may now disconnect.