Insulet Corporation (NASDAQ:PODD) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET

Company Participants

Deborah Gordon - Vice President, Investor Relations

Jim Hollingshead - President & Chief Executive Officer

Lauren Budden - Interim Chief Financial Officer & Treasurer

Conference Call Participants

Stephanie Piazzola - Bank of America

Jeff Johnson - Baird

Matt Taylor - Jefferies

Margaret Kaczor - William Blair

Caitlin Cronin - Canaccord Genuity

Mike Kratky - Leerink Partners

Steven Lichtman - Oppenheimer

Chris Pasquale - Nephron

Marie Thibault - BTIG

Josh Jennings - TD Cowen

Danielle Antalffy - UBS

Matt Miksic - Barclays

Operator

Good afternoon, ladies and gentlemen, and welcome to the Insulet Corporation Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder this conference call is being recorded.

I would now like to turn the conference over to your host Deborah Gordon, Vice President Investor Relations.

Deborah Gordon

Thank you. Good afternoon and thank you for joining us for Insulet's third quarter 2023 earnings call. With me today are Jim Hollingshead, President and Chief Executive Officer; and Lauren Budden, our Interim Chief Financial Officer and Treasurer.

Both the replay of this call and the press release discussing our quarterly results and our guidance will be available on the Investor Relations section of our website. Also on our website is our third quarter supplemental earnings presentation. We encourage you to reference that document for a summary of key metrics and business updates.

Before we begin, we would like to inform you that certain statements made by Insulet during the course of this call may be forward-looking and could materially differ from current expectations. Please refer to the cautionary statements in our SEC filings for a detailed explanation of the inherent limitations of such statements.

We'll also discuss non-GAAP financial measures with respect to our performance, namely adjusted gross and operating margins, adjusted EBITDA and constant currency revenue, which is revenue growth excluding the effect of foreign exchange. These measures align with what management uses as supplemental measures in assessing our operating performance and we believe they are helpful to investors, analysts and other interested parties as measures of our operating performance from period to period.

Additionally, unless otherwise stated all financial commentary regarding dollar and percentage changes will be on a year-over-year reported basis with the exception of revenue growth rates, which will be on a year-over-year constant currency basis.