PerkinElmer, Inc. (PKI) CEO Prahlad Singh on Q1 2022 Results - Earnings Call Transcript

PerkinElmer, Inc. (NYSE:PKI) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET

Company Participants

Stephen Willoughby - Vice President of Investor Relations

Prahlad Singh - President and Chief Executive Officer

Jamey Mock - Senior Vice President and Chief Financial Officer

Conference Call Participants

Vijay Kumar - Evercore

Mike Ryskin - Bank of America

Daniel Macek - Stifel

Josh Waldman - Cleveland Research

Catherine Schulte - Baird

Jack Meehan - Nephron Research

Brandon Couillard - Jefferies

Rachel Vatnsdal - JPMorgan

Paul Knight - KeyBanc

Patrick Donnelly - Citi

Matt Sykes - Goldman Sachs

Operator

00:05 Good afternoon. Thank you for attending today's PerkinElmer First Quarter 2022 Earnings Call. My name is Amber, and I will be your moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions]

00:27 It's now my pleasure to hand the conference over to our host, Steve Willoughby, with PerkinElmer [Audio Gap]

Stephen Willoughby

01:44 [Audio Gap] the forward-looking statements made today represent our views as of today. We disclaim any obligation to update these forward-looking statements in the future even if our estimates change, so you should not rely on any of today's forward-looking statements as representing our views as of any date after today.

02:02 During this call, we will be referring to certain non-GAAP financial measures. A reconciliation of the non-GAAP financial measures we plan to use during this call to the most directly comparable GAAP measures is available as an attachment to our earnings press release. To the extent we use non-GAAP measures during this call that are not reconciled to GAAP, we will provide reconciliations promptly.

02:24 I will now turn it over to our President and Chief Executive Officer, Prahlad Singh. Prahlad?

Prahlad Singh

02:30 Thank you, Steve. And good afternoon, everyone. The first quarter of 2022 continued to both challenge and inspire us as we faced varying dynamics across the globe. I want to start my remarks today by taking a moment to once again acknowledge all of PerkinElmer employees in Poland who have opened their hearts and even their homes to support Ukrainian refugees. It's been uplifting to see the different ways our teams around the world have been helping during this extremely difficult situation, and we hope for peace to come soon. I also want to highlight and thank my colleagues in China, who have gone to great lengths to continue to deliver for our customers during these extraordinary times.