ZimVie Inc. (NASDAQ:ZIMV) Q2 2023 Earnings Conference Call August 2, 2023 4:30 PM ET

Company Participants

Marissa Bych - Investor Relations, Gilmartin Group LLC

Vafa Jamali - President and Chief Executive Officer

Rich Heppenstall - Chief Financial Officer

Conference Call Participants

Robert Marcus - JPMorgan Chase & Co.

Matt Miksic - Barclays

Operator

Good afternoon, and welcome to ZimVie’s Second Quarter 2023 Earnings Conference Call. Currently, all participants are in listen-only mode. We will be facilitating a question-and-answer session towards the end of today’s call. As a reminder, this call is being recorded for replay purposes.

I would now like to turn the call over to Marissa Bych by Gilmartin Group for introductory disclosures.

Marissa Bych

Thank you all for joining today’s call. Earlier today, ZimVie released financial results for the quarter ended June 30, 2023. A copy of the press release is available on the company’s website, zimvie.com, as well as on sec.gov.

Before we begin, I’d like to remind you that management will make comments during this call that include forward-looking statements. Actual results may differ materially from those indicated by the forward-looking statements due to a variety of risks and uncertainties. Please refer to the company’s most recent periodic reports filed with the SEC and subsequent SEC filings for a detailed discussion of these risks and uncertainties. In addition, the discussion on this call will include certain non-GAAP financial measures. Reconciliations of these measures to the most directly comparable GAAP financial measures are included within the earnings release and/or the investor deck issued today found on the Investor Relations section of the company’s website.

This conference call contains time-sensitive information and is accurate only as of the live broadcast today, August 2, 2023. ZimVie disclaims any intention or obligation, except as required by law, to update or revise any financial projections or forward-looking statements, whether because of new information, future events, or otherwise.

With that, I will turn the call over to Vafa Jamali, President and Chief Executive Officer of ZimVie.

Vafa Jamali

Good afternoon and thank you all for joining us. In the second quarter, we continued to drive steady progress against our most vital objectives of innovation and commercial execution, while taking deliberate steps to improve our operating profile. Our most critical imperative continues to be our innovation platform as we work to actively reshape our portfolio and lean further into the market with the best long-term growth potential.