OraSure Technologies, Inc. (NASDAQ:OSUR) Q4 2022 Earnings Conference Call February 14, 2023 5:00 PM ET

Company Participants

Scott Gleason - SVP, IR & Corporate Communications

Carrie Manner - President, CEO & Director

Kenneth McGrath - CFO

Conference Call Participants

Vijay Kumar - Evercore ISI

Elizabeth Speyer - Citigroup

Brandon Couillard - Jefferies

Jacob Johnson - Stephens Inc.

Casey Woodring - JPMorgan Chase & Co.

Andrew Cooper - Raymond James & Associates

Operator

Good day, and thank you pray. Welcome to the OraSure Technologies 2022 Fourth Quarter Earnings Conference Call. [Operator Instructions].

I would now like to hand the conference over to your speaker today, Scott Gleason, Head of Investor Relations. Please go ahead.

Scott Gleason

Thanks, Victor. Good afternoon, and welcome to OraSure Technologies Fourth Quarter '22 Earnings Call. I'm Scott Gleason, the SVP of Investor Relations and Communications. And presenting with me today for OraSure is Carrie Manner, our President and Chief Executive Officer; and Ken McGrath, our Chief Financial Officer. As a reminder, today's webcast is being recorded, and the recording can be found on the Investor Relations section of our website.

Before we begin, you should know that this call may contain certain forward-looking statements, including statements with respect to revenues, expenses, profitability, earnings or loss per share, other financial performance, product development, performance, shipments and markets, business plans, regulatory filings, approvals, expectations and strategies. Actual results could differ significantly, factors that could affect results are discussed more fully in the company's SEC filings, including its registration statements, its Annual Report on Form 10-K for the year ending December 31, 2021, its quarterly reports on Form 10-Q and its other SEC filings.

Although forward-looking statements help to provide complete information about our future prospects, listeners should keep in mind that forward-looking statements are based solely on information available to management as of today. The company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after this call.

With that, I'm pleased to turn the call over to Carrie.

Carrie Manner

Thanks, Scott, and thank you to everyone for joining us today. In the fourth quarter, we once again delivered strong top line results, which exceeded our prior financial guidance, generated cash of $9 million in the quarter and made further progress in our strategic transformation journey. As we look to important aspects of how we are transforming, we have predominantly been focused on strengthening our foundation, expanding our cost reduction programs.