Sight Sciences, Inc. (NASDAQ:SGHT) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET

Company Participants

Philip Tailor - Investor Relations

Paul Badawi - Co-Founder & Chief Executive Officer

Ali Bauerlein - Chief Financial Officer

Tom Huang - Head of Corporate Strategy

Conference Call Participants

Craig Bijou - Bank of America

Thomas Stephan - Stifel

Operator

Good day, and thank you for standing by. Welcome to the Sight Sciences Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Trip Taylor, Investor Relations. Please go ahead, Trip.

Philip Tailor

Thank you for participating in today's call. Presenting today are Sight Sciences, Co-Founder and Chief Executive Officer, Paul Badawi; Chief Financial Officer, Ali Bauerlein and Head of Corporate Strategy, Tom Huang. Earlier today, Sight Sciences released financial results for the three months ended June 30, 2023.

A copy of the press release is available on the company's website at investors.sightsciences.com. I'd like to remind everyone that comments made by management today and answers to questions will include forward-looking statements within the meaning of the federal securities laws. These forward-looking statements include statements related to Sight Sciences' anticipated financial performance and operating results, market opportunity, business strategy and plans for developing and marketing new products.

Forward-looking statements are based on estimates and assumptions as of today are neither promises nor guarantees and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied by these statements. A description of some of the risks and uncertainties that could cause actual results to differ materially from those indicated by the forward-looking statements on this call can be found in the Risk Factors section of the annual report on Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.

I will now turn the call over to Paul.

Paul Badawi

Thanks, Trip. Our strong second quarter performance displayed the continued successful execution of our growth initiatives across surgical glaucoma and dry eye. We generated record total revenue of $23.5 million, growing 36% compared to the second quarter of 2022. We saw great revenue growth in both of our businesses, propelled by strong commercial activity and expanding clinical evidence supporting the value proposition of our technologies.