Owens & Minor, Inc. (NYSE:OMI) Q3 2022 Earnings Conference Call November 2, 2022 8:30 AM ET

Corporate Participants

Alex Jost - Director-Investor Relations

Ed Pesicka - President and Chief Executive Officer

Alex Bruni - Executive Vice President and Chief Financial Officer

Conference Call Participants

Andrea Alfonso - UBS

Daniel Grosslight - Citi

John Stansel - JPMorgan

Charlotte Kolb - Bank of America

Operator

Good day and thank you for standing by. Welcome to Owens & Minor’s Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instruction].

I would now like to hand the conference over to your first speaker today to Alex Jost, Director of Investor Relations.

Alex Jost

Thank you. Hello, everyone, and welcome to the Owens & Minor’s third quarter 2022 earnings call. Our comments on the call will be focused on the financial results for the third quarter of 2022, as well as our outlook for 2022, both which are included in today’s press release. The press release along with the supplemental slides are posted on the Investor Relations section of our website.

Please note that during this call, we will make forward-looking statements. The matters addressed in these statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied here today. Please refer to our SEC filings for a full description of these risks and uncertainties, including the risk factors section of our Annual Report on Form 10-K and quarterly reports on Form 10-Q.

In our discussion today, we will reference certain non-GAAP financial measures, and information about these measures and reconciliations to the most comparable GAAP financial measures are included in our press release.

Today, I’m joined by Ed Pesicka, President and Chief Executive Officer; and Alex Bruni, Executive Vice President and Chief Financial Officer and Andy Long, Executive Vice President and Chief Executive Officer of Products and Healthcare Services will be joining us for the Q&A session.

With that, I’ll turn the call over to Ed. Ed?

Ed Pesicka

Thank you. Good morning, everyone and thank you for joining us on the call today.

I'd like to start this call by addressing the factors that were in line with our expectations as well as the unanticipated factors that drove the recent change in our outlook. While there were some new challenges combined with the continuation and acceleration of existing challenges, many key aspects of the third quarter occurred as expected.