Velo3D Inc - New (NYSE:VLD) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET

Company Participants

Bob Okunski – Head-Investor Relations

Benny Buller – Chief Executive Officer

Bill McCombe – Chief Financial Officer

Conference Call Participants

Brian Drab – William Blair

Troy Jensen – Lake Street Capital

Jim Ricchiuti – Needham and Company

Operator

Hello, and welcome to the Velo3D Reports First Quarter 2022 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It’s now my pleasure to turn the call over to Bob Okunski, Head of Investor Relations for Velo3D. Please go ahead.

Bob Okunski

Thank you. I’d like to welcome everyone to our first quarter 2022 earnings conference call. On the call today, we will start out with comments from Benny Buller, CEO of Velo3D, who will provide a summary of the quarter, as well as provide an update on the key strategic priorities for 2022. Following Benny’s comments, Bill McCombe, our CFO, will then review our first quarter 2022 financial results and provide our guidance.

As a reminder, a replay of this call will be available later today on the Investor Relations page of our website. During today’s call, we will make forward-looking statements that are subject to various risks and uncertainties that are described in the Safe Harbor slide of today’s presentation, today’s press release as well as our 2021 10-K filing. Please see those documents for additional information regarding those factors that may affect these forward-looking statements.

Also, we will reference certain non-GAAP metrics during today’s call. Please refer to the appendix of our presentation, as well as today’s earnings press release for the appropriate GAAP to non-GAAP reconciliations. Finally, to enhance this call, we have posted a set of PowerPoint slides, which we will refer during the call on the Events & Presentations page of our Investor Relations website.

With that, I’d like to turn the call over to Benny Buller, CEO of Velo3D. Benny?

Benny Buller

Thanks Bob. And I’d like to welcome everyone to our first quarter earnings call. Please turn to Slide 4. Overall as our first quarter results show, we are continuing to cement our position as a differentiated technology leader in high value manufacturing. Our metal additive manufacturing technology changes the way products in Aerospace, Energy, Power and other industrial segments are designed and produced. It is used to make some of the most critical parts of these products and we are maintaining our focus on driving the vast blue ocean market opportunity that is enabled by our unique and superior technology.