OraSure Technologies, Inc. (NASDAQ:OSUR) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET

Company Participants

Scott Gleason - Senior Vice President of Communications and Investor Relations

Carrie Manner - President and Chief Executive Officer

Kenneth McGrath - Chief Financial Officer

Conference Call Participants

Jacob Johnson - Stephens Inc.

Casey Woodring - JPMorgan Chase & Co.

Operator

Good day, and thank you for standing by. Welcome to the OraSure Technologies’ Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

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

Scott Gleason

Thanks, Shannon. Good afternoon, and welcome to OraSure Technologies third quarter 2022 earnings call. I'm Scott Gleason, the SVP of Investor Relations and Communications. Presenting with me today for OraSure is Carrie Eglinton 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 our Investor Relations website.

Before we begin today, 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 and other financial performance, product development performance, shipments and markets, business plans, regulatory filings and approvals, expectations and strategies. Actual results could be significantly different. Factors that could affect results are discussed more fully in the Company's SEC filings, including its registration statements, its annual reports on Form 10-K for the year ended 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 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.

Also today, we may discuss financial measures in accordance with GAAP and on a non-GAAP basis. We believe that non-GAAP information is useful because it can enhance the understanding of our ongoing financial performance. We use non-GAAP reporting internally to evaluate and manage our operations, and we choose to provide this information because it allows for greater transparency with respect to key metrics used by management and its financial and operational decision making, and is used by OraSure’s, institutional investors and for the analysis to help analyze the health of OraSure’s business, a reconciliation of GAAP to non-GAAP operating expenses can be found in the press release that is issued this afternoon, which is posted on the Investor Relations section of our website.