Brookdale Senior Living, Inc. (NYSE:BKD) Q1 2022 Earnings Conference Call May 6, 2022 9:00 AM ET

Company Participants

Kathy MacDonald - SVP, IR

Lucinda Baier - President, CEO & Director

Steven Swain - EVP & CFO

Conference Call Participants

Brian Tanquilut - Jefferies

Marco Criscuolo - Nephron Research

Tao Qiu - Stifel, Nicolaus & Company

Steven Valiquette - Barclays Bank

Benjamin Hendrix - RBC Capital Markets

Joanna Gajuk - Bank of America Merrill Lynch

Operator

Hello, everyone, and welcome to the Brookdale Senior Living First Quarter Earnings Call. My name is Victoria, and I will be coordinating your call today. [Operator Instructions].

I'll now pass over to your host, Kathy MacDonald, to begin. Please go ahead.

Kathy MacDonald

Thank you, and good morning. I'd like to welcome you to the First Quarter 2022 Earnings Call for Brookdale Senior Living. Joining us today are Cindy Baier, our President and Chief Executive Officer; and Steve Swain, our Executive Vice President and Chief Financial Officer. All statements today, which are not historical facts may be deemed to be forward-looking statements within the meaning of the federal securities laws. These statements are made as of today's date, and we expressly disclaim any obligation to update these statements in the future.

Actual results and performance may differ materially from forward-looking statements. Certain of the factors that could cause actual results to differ are detailed in the earnings release we issued yesterday as well as in the reports we file with the SEC from time to time, including the risk factors contained in the annual report on Form 10-K and quarterly reports on Form 10-Q. I direct you to the release for the full safe harbor statement.

Also, please note that during this call, we will present non-GAAP financial measures. For reconciliations of each non-GAAP measure from the most comparable GAAP measure, I direct you to the release and supplemental information, which may be found at brookdale.com/investor and was furnished on an 8-K yesterday.

Now I will turn the call over to Cindy.

Lucinda Baier

Thank you, Kathy. Good morning to all of our shareholders, analysts and other participants. I hope you and your loved ones are healthy and happy. Welcome to our first quarter 2022 earnings call. We are pleased to report revenue growth in the first quarter, continued strong recovery indicators and significant achievements against our 2022 priorities. COVID-19 continued to play a role in the first quarter with the Omicron variant causing of pandemics highest feet of U.S. cases today.