XWELL, Inc. (NASDAQ:XWEL) Q3 2022 Earnings Conference Call November 10, 2022 4:30 PM ET
Company Participants
Omar Haynes - Interim CFO
Scott Milford - CEO
Operator
Greetings, and welcome to XWELL's Third Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded on Thursday, November 10, 2020. I would now like to turn the conference over to Omar Haynes, Interim Chief Financial Officer for XWELL. Please go ahead, sir.
Omar Haynes
Good day, everyone. Welcome to our conference call to review XWELL's Third quarter 2022 operating results. Joining me on today's call is Scott Milford, XWELL's Chief Executive Officer. We have posted our third quarter earnings release on the Investor Relations section of our website located at www.exfo.com. A link to the webcast of today's conference call can also be found on our site.
Before turning the call over to Scott for his prepared remarks, we need to advise you of the following. Comments made on today's call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current assumptions and opinions that involve a variety of known and unknown risks and uncertainties. Actual results may differ materially from those contained in or suggested by such forward-looking statements.
Important factors that might cause such differences include those set forth from time to time in our SEC filings, including our report on Form 10-K for the year ended December 31, 2021, as amended, as well as other current and periodic reports that we file with the SEC. With that said, I'd now like to turn the call over to Scott.
Scott Milford
Thank you, Omar. Good afternoon, everyone. We appreciate you joining us today. Since our second quarter earnings conference call, we've made considerable progress executing against our 4 key imperatives. And more importantly, we continued laying the foundation to enter 2023 as a leaner business with a path to return to profitability.
As outlined on previous calls, we're rolling out our new retail strategy, enhancing our spa and wellness locations and adding new customers while simultaneously reducing overhead costs. Illustrating the progress we're making on our transformation efforts. We recently unveiled a new corporate identity and began trading under a new NASDAQ ticker symbol, XWEL for XWELL. On October 25.
The seamless evolution to XWELL captures our emphasis on well-being and our commitment to being a leading authority in delivering innovative wellness solutions for people on the go. Supporting our efforts, we just opened a new treat location in Concourse B at Salt Lake City Airport in Utah. This opening reaffirms XWELL's commitment to the company's transformation and focus on evolving our existing brands to include more desirable services and products aimed at capturing more customers.