Sarcos Technology and Robotics Corporation (NASDAQ:STRC) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET
Company Participants
Maria Shelton - Accredited Financial Counselor, Financial Profiles, IR
Kiva Allgood - President and CEO
Drew Hamer - CFO
Conference Call Participants
Stephen Volkmann - Jefferies
Guy Hardwick - Credit Suisse
Rob Mason - Baird.
Operator
Good day and thank you for standing by. Welcome to the Sarco’s First Quarter 2023 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, Maria Shelton. Please go ahead.
Maria Shelton
Thank you, operator. Good afternoon everyone, and welcome to the Sarcos Technology and Robotics Corporation first quarter 2023 earnings call. Joining us on the call this afternoon are Sarcos President and Chief Executive Officer, Kiva Allgood; and Chief Financial Officer, Drew Hamer. Kiva will start the call with a discussion of business highlights from the first quarter and recent events, and Drew will then talk in more detail about the financial results before management takes questions from analysts.
Before we begin, we must state that today's call will contain forward-looking statements including statements concerning future commercial production and availability of our products, product features and capabilities, target markets and market trends, size and expectations, customer demand and future financial results, condition and cash flows including revenues, costs, and liquidity.
In addition, any statements about future performance related to our acquisition of RE2, including our expectations regarding the benefits to be achieved, the financial performance of the combined company, integration plans and other statements regarding the combination of the two companies are forward-looking statements. These statements represent management's beliefs and expectations as to future events of today, but there are many risks and uncertainties that could cause actual results to differ from what we have projected. Among those risks and uncertainties are those described in our annual report on Form 10-Q filed today with the SEC and those mentioned in today's earnings press release.
We encourage you to review the risks and uncertainties described in this press release and in our filings with the SEC for further information regarding these actual and potential risks and uncertainties. We also encourage you to review the special notes regarding forward-looking statements including in our earnings release and 10-Q for the first quarter 2023 filed with the SEC this afternoon and which we posted in Investors section of our website at sarcos.com and on the SEC's website.