Danimer Scientific, Inc. (NYSE:DNMR) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET
Company Participants
Russ Zukowski - President, Corporate Finance
Stephen Croskrey - CEO
Mike Hajost - CFO
Conference Call Participants
Pete Lucas - CJS Securities
Thomas Boyes - Cowen & Company
Operator
Greetings. Welcome to the Danimer Scientific 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 presentation. [Operator Instructions] Please note this conference is being recorded.
I would now like to turn the conference over to your host Russ Zukowski, President of Corporate Finance. Thank you, you may begin.
Russ Zukowski
Thank you, operator and thank you, everyone for joining us today for our second quarter 2022 earnings call. Hosting the call today are Danimer's CEO, Steve Croskrey; and CFO, Mike Hajost.
During our discussion today, we will be referring to our earnings presentation which is available on the Investor Relations section of our website at danimerscientific.com.
On slide two, please note that we may discuss forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, among other things, future results of operations, capacity, production, and demand levels that could differ in a material way from those expressed or implied in the forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as required by law.
Today's presentation also includes references to non-GAAP financial measures. Reconciliations to the most comparable GAAP financial measures can be found in the earnings presentation.
I will now turn the call over to Steve.
Stephen Croskrey
Thank you, Russ. Good afternoon everyone. Thanks for joining. Danimer continues to make significant progress during the second quarter of 2022 and we believe that we remain on track to achieve our outlook for the full year and beyond. Our customer conversations and business development efforts have been productive and our leadership position in research and development is bolstering our existing relationships, but also creating new answers in our best-in-class biodegradable offerings. As a result, we are working hard to expand our capacity which is tracking to plan.
Today, I will discuss our second quarter highlights, recent business development updates, and the progress of our capacity expansion plans. As we have discussed over the past couple of quarters, every initiative we have undertaken aligns with our key strategic priorities shown on slide three.