UpHealth, Inc. (NYSE:UPH) Q2 2022 Earnings Conference Call August 15, 2022 8:30 AM ET

Company Participants

Shannon Devine - Investor Relations

Sam Meckey - Chief Executive Officer

Martin Beck - Chief Financial Officer

Ramesh Balakrishnan - President, Chief Strategy Officer

Conference Call Participants

Michael Latimore - Northland Capital Markets

Frank Takkinen - Lake Street Capital Markets

Operator

Greetings, and welcome to the UpHealth Second Quarter 2022 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal question-and-answer session [Operator Instructions]. As a reminder this conference is being recorded.

I would now like to turn the conference over to your host, Shannon Devine, Investor Relations. Please go ahead.

Shannon Devine

Thank you, operator. During today's call, management will be making forward-looking statements. Please refer to the company's SEC filings, including the company's annual report on Form 10-K and quarterly report on Form 10-Q to be filed for a summary of the forward-looking statements and the risks, uncertainties and other factors that could cause actual results to differ materially from those forward-looking statements. UpHealth cautions investors not to place undue reliance on any forward-looking statements. The company does not undertake and specifically disclaim any obligation to update or revise the statements to reflect new circumstances or unanticipated events that occur, except as required by law. Throughout the call today, we'll refer to pro forma revenues, pro forma gross margin and adjusted EBITDA. These metrics are not determined in accordance with GAAP, and therefore, are susceptible to varying calculations. Definitions, calculations and reconciliations to the financial statements of these non-GAAP measures can be found in the tables included in our press release. We believe these non-GAAP measures of UpHealth financial results provide useful information regarding certain financial and business trends and the results of our operations.

I will now turn the call over to Sam Meckey, UpHealth Chief Executive Officer. Sam?

Sam Meckey

Thank you, Shannon and good morning, everyone. Thank you for joining us. I'm honored to have the opportunity to speak with you today my first earnings call as UpHealth's Chief Executive Officer in this pivotal moment in our journey as an institution. I'm happy to be here today and want to begin with why I am here. I was first drawn to UpHealth, because of its strong mission, to overcome disparities and access to healthcare, to empower providers and those who fund healthcare and to enable high quality, affordable health for all. This mission, combined with the company's value and the vision of the founding companies, to enable the transformation of healthcare inspires me, has successfully led large healthcare businesses within leading global institutions and have deep experience in integrating acquisitions and executing transformations. Over my 20 year career in healthcare, my track record is one of building businesses that deliver consistent revenue and earnings growth with a relentless focus on growing shareholder value. I'm also a proud veteran and serving the broader community is deeply important to me personally.