Glaukos Corporation (NYSE:GKOS) Q1 2022 Earnings Conference Call May 4, 2022 4:30 PM ET

Company Participants

Tom Burns – Chairman & Chief Executive Officer

Joe Gilliam – President & Chief Operating Officer

Alex Thurman – Chief Financial Officer

Chris Lewis – Vice President of Investor Relations & Corporate Affairs

Conference Call Participants

Andrew Brackmann – William Blair

Chris Cooley – Stephens

Charles Wilson – Wells Fargo

Phillip Dantoin – BTIG

Drew Stafford – Piper Sandler

Thomas Stephan – Stifel

Allen Gong – JPMorgan

David Kuang – Oppenheimer

Operator

Good afternoon. My name is Julien and I will be your conference operator today. At this time I would like to welcome everyone to Glaukos' First Quarter 2022 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. If you'd like to ask a question during this time [Operator Instructions]. Chris Lewis, Vice President of Investor Relations and Corporate Affairs, you may begin your conference.

Chris Lewis

Thank you, and good afternoon. Joining me today are Glaukos Chairman and CEO Tom Burns, President and COO Joe Gilliam, and CFO Alex Thurman. Before we begin, we wanted to remind you of a change in the way we plan to handle our quarterly earnings disclosures and calls starting with this one. The company has posted a document on it's Investor Relations website under the Financials and Filings Quarterly Results section titled Quarterly Summary. This document is designed to provide the investment community with the summarized and easily accessible reference document that details the key facts associated with the quarter, the state of the company's business objectives and strategies, and any forward statements for guidance we may make. This document has been and will continue to be provided alongside the company's earnings press release, and it's designed to be read by investors before the regularly scheduled quarterly conference call. As such, beginning this quarter, we will make very brief prepared remarks and quickly transition into a question-and-answer session. It is our goal that this change will make our quarterly earnings process more efficient and impactful for the investment community going forward.

To ensure ample time and opportunity to address everyone's questions, we request that you limit yourself to one question and one follow-up. If you still have additional questions, you may get back into the queue. Please note that all statements other than statements of historical facts made on this call that address activities, events, or developments we expect, believe, or anticipate will or may occur in the future are forward-looking statements. These include statements about our plans, objectives, strategies, and prospects regarding, among other things, our sales, our products, pipeline technologies, U.S. and international commercialization, integration and market development efforts, the efficacy of our current and future products, our competitive market position, our regulatory strategies and reimbursement for our products, financial condition and results of operations, as well as the expected impact of the COVID-19 pandemic on our business and operations. These statements are based on current expectations about future events affecting us and are subject to risks, uncertainties, and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Therefore, they may cause our actual results to differ materially from those expressed or implied by forward-looking statements. Review today's press release and our recent SEC filings for more information about these risk factors. You'll find these documents in the Investors section of our website at www.glaukos.com. Finally, please note that during today's call, we will also discuss certain non-GAAP financial measures, including results on an adjusted basis. We believe these financial measures can facilitate a more complete analysis and greater transparency into Glaukos' ongoing results of operations, particularly when comparing underlying results from period-to-period. Please refer to the tables in our earnings press release available on the Investor Relations section of our website for reconciliation of these measures to their most directly comparable GAAP financial measure. With that, I will turn the call over to Glaukos' Chairman and CEO, Tom Burns.