Owens & Minor, Inc. (NYSE:OMI) Q2 2022 Earnings Conference Call August 3, 2022 8:00 AM ET

Company Participants

Alex Jost – Director-Investor Relations

Ed Pesicka – President and Chief Executive Officer

Andy Long – Executive Vice President and Chief Financial Officer

Conference Call Participants

Kevin Caliendo – UBS

Daniel Grosslight – Citi

Hannah Lee – Bank of America

Eric Coldwell – Robert W. Baird

Operator

Good day, and thank you for standing by. Welcome to Owens & Minor’s Second Quarter 2022 Financial Results 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. Please go ahead.

Alex Jost

Thank you. Hello, everyone, and welcome to the Owens & Minor’s second quarter 2022 earnings call. Our comments on the call will be focused on the financial results for the second 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 may 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, our President and Chief Executive Officer; and Andy Long, our Executive Vice President and Chief Financial Officer.

I’ll now turn the call over to Ed.

Ed Pesicka

Thank you, Alex. Good morning everyone, and thank you for joining us on the call today. Today in my prepared remarks, I will cover our second quarter performance, the current market landscape, and why I remain bullish on the long-term prospects for the company.

First, I am extremely pleased with our second quarter results. Our strong performance in our ability to manage through the macroeconomic headwinds in this quarter is a result of the following.