Agiliti Inc. (NYSE:AGTI) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET

Company Participants

Kate Kaiser - Investor Relations

Tom Leonard - CEO and Director

Tom Boehning - President

Jim Pekarek - Executive VP and CFO

Conference Call Participants

Kevin Fischbeck - Bank of America

Matthew Mishan - KeyBanc

Zach Weiner - Jefferies

Amit Hazan - Goldman Sachs

Matthew Borsch - BMO Capital Markets

Operator

Good afternoon, and welcome to Agiliti's Second Quarter 2022 Earnings Conference Call. Today's call is being recorded, and we have allocated 1 hour for prepared remarks and Q&A.

At this time, I'd like to turn the conference over to Kate Kaiser, Senior Vice President of Corporate Communications and Investor Relations at Agiliti. Thank you. You may begin.

Kate Kaiser

Thank you, operator, and hello, everyone. Thank you for joining us on today's call as we provide an overview of Agiliti's results for the quarter ending June 30, 2022.

Before we begin, I'll remind you that during today's call, we'll be making statements that are forward-looking and consequently are subject to risks and uncertainties. Certain factors may affect us in the future and could cause actual results to differ materially from those expressed in these forward-looking statements.

Specific risk factors are detailed in our press release and our most recent SEC filings, which can be found in the Investors section of our corporate website at agilitihealth.com. During this call, we'll also be referring to certain measures that are not calculated and presented in accordance with generally accepted accounting principles. You can find a reconciliation of those measures to the most directly comparable GAAP measures and a description of why we use these measures in our press release.

To download a copy of the presentation that we will use to facilitate today's discussion, please visit our website at agilitihealth.com, select the Investors section at the top of the screen and then Events and Presentations. Finally, selected presentation titled Agiliti Q2 2022 Earnings Slides.

With that, I'll turn the call over to our CEO, Tom Leonard.

Tom Leonard

Thanks, Kate, and good afternoon. Thank you for taking time to join us as we review our results from the second quarter of 2022. Joining me today is our CFO, Jim Pekarek; and our President, Tom Boehning, who leads our commercial operations.

While our overall financial outlook remains largely on track for the full year, in Q2, some aspects of our business performance differed from our expectations. Today, we'll provide color on the factors that impacted the quarter and share our perspective on the remainder of 2022. With half the year's work still ahead of us, we continue to expect our full year results to be within our original guidance range, but we now expect to finish at the low end of that range.