Repligen Corporation (NASDAQ:RGEN) Q3 2022 Earnings Conference Call November 1, 2022 8:30 AM ET
Company Participants
Sondra Newman – Head-Investor Relations
Tony Hunt – President and Chief Executive Officer
Jon Snodgres – Chief Financial Officer
Conference Call Participants
Puneet Souda – SVB Securities
Dan Arias – Stifel
Julia Qin – JPMorgan
Jacob Johnson – Stephens
Paul Knight – KeyBanc
Madeline Mollman – William Blair
Liza Garcia – UBS
Matt Hewitt – Craig-Hallum Capital Group
Brandon Couillard – Jefferies
Raghuram Selvaraju – H.C. Wainwright
Good day ladies and gentlemen, and welcome to the Repligen Corporation’s Third Quarter of 2022 Earnings Conference Call. My name is Chris, and I will be your coordinator. Today, all participants will be in a listen-only mode. [Operator Instructions] Please note that today’s event is being recorded.
I would now like to turn the call over to our host for today, Sondra Newman, Head of Investor Relations for Repligen. Please go ahead.
Sondra Newman
Thank you, Chris, and welcome, everyone, to our third quarter report. On this call, we will cover business highlights and financial performance for the three and nine-month periods ended September 30, 2022. We’ll also provide updates to our financial guidance for the full year. Repligen President and CEO, Tony Hunt; and our CFO, Jon Snodgres, will deliver our report, and then we’ll open up the call for Q&A.
As a reminder, the forward-looking statements that we make during this call, including those regarding our business goals and expectations for the financial performance of the company are subject to risks and uncertainties that may cause actual events or results to differ. Additional information concerning risks related to our business is included in our annual report on Form 10-K, our quarterly reports on Form 10-Q, the current report of Form 8-K, which we’re filing today, and other filings that we make with the Securities and Exchange Commission.
Today’s comments reflect management’s current views, which could change as a result of new information, future events or otherwise. The company does not obligate or commit itself to update forward-looking statements, except as required by law. During this call, we are providing non-GAAP results and guidance. Reconciliations of GAAP to non-GAAP financial measures are included in the press release that we issued this morning, which is posted to Repligen’s website and on sec.gov.
Non-GAAP figures in today’s report include the following: revenue growth at constant currency; gross profit and gross margin; operating expenses, including R&D and SG&A; operating income and operating margin; income tax expense; net income and earnings per share; as well as EBITDA and adjusted EBITDA. These adjusted financial measures should not be viewed as an alternative to GAAP measures but are intended to better enable investors to benchmark Repligen’s current results against historical performance and the performance of peers while evaluating investment opportunities.