UpHealth, Inc. (NYSE:UPH) Q1 2022 Earnings Conference Call May 12, 2022 8:30 AM ET

Company Participants

Shannon Devine - Investor Relations

Ramesh Balakrishnan - Chief Executive Officer

Martin Beck - Chief Financial Officer

Conference Call Participants

Michael Wiederhorn - Oppenheimer

Frank Takkinen - Lake Street Capital

Matthew Ripperger - Harbert Stoneview

Operator

Welcome to the UpHealth Inc. First Quarter 2022 Financial Results Conference Call. [Operator Instructions]

I will now turn the call over to your host, Shannon Devine, Investor Relations. Ms. Devine, you may begin.

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 today's call, 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 reconciliation 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 helps 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 UpHealth CEO, Ramesh Balakrishnan. Ramesh, you may begin.

Ramesh Balakrishnan

Thank you, Shannon. Welcome, everyone, to UpHealth's First Quarter 2022 Earnings Conference Call. Please refer to our website to review the presentation that captures our discussion.

Please join me now on Slide 5. I'll dive in our time with you today by saying that I hope you've seen this morning's announcement from UpHealth's Board of Directors stating that Samuel Meckey will be joining UpHealth as Chief Executive Officer in July.

Sam has been a successful global leader in health care at publicly traded companies for almost 20 years. If you haven't seen the press release we issued earlier this morning, I urge you to read it for more details about Sam's background and career. He was most recently Executive Vice President and the Head of Healthcare at EXL Service. His experience and expertise span health care services and technology solutions, and he has consistently driven results with operational excellence. I am confident that Sam will lead up health into a new phase of dynamic growth and innovation, and I'm very pleased that he is joining the company.