STERIS plc. (STE) CEO Dan Carestio on Q1 2023 Results - Earnings Call Transcript

STERIS plc. (NYSE:STE) Q1 2023 Earnings Conference Call August 3, 2022 10:00 AM ET

Company Participants

Julie Winter - Vice President-Investor Relations

Mike Tokich - Senior Vice President & Chief Financial Officer

Dan Carestio - President & Chief Executive Officer

Conference Call Participants

Chris Cooley - Stephens

Matthew Mishan - KeyBanc

Michael Polark - Wolfe Research

Jason Bednar - Piper Sandler

Dave Turkaly - JMP Securities

Operator

Good morning, everyone and welcome to the STERIS plc First Quarter 2023 Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note today's event is being recorded.

At this time, I'd like to turn the floor over to Ms. Julie Winter, VP of Investor Relations. Ms. Winter, please go ahead.

Julie Winter

Thank you, Jamie and good morning, everyone. As usual, speaking on today's call will be Mike Tokich, our Senior Vice President and CFO; and Dan Carestio, our President and CEO. We do have a few words of caution before we open for comments from management.

This webcast contains time-sensitive information that is accurate only as of today. Any redistribution, re-transmission or rebroadcast of this call without the expressed written consent of STERIS is strictly prohibited. Some of the statements made during this review are or may be considered forward-looking statements. Many important factors could cause actual results to differ materially from those in the forward-looking statements, including without limitation, those risk factors described in STERIS' securities filings.

The company does not undertake to update or revise any forward-looking statements as a result of new information or future events or developments. STERIS' SEC filings are available through the company and on our website. In addition on today's call, non-GAAP financial measures, including adjusted earnings per diluted share, adjusted operating income, constant currency organic revenue growth and free cash flow will be used. Additional information regarding these measures, including definitions is available in today's release including reconciliations between GAAP and non-GAAP financial measures. Non-GAAP financial measures are presented during this call with the intent of providing greater transparency to supplemental financial information used by management and the Board of Directors in their financial analysis and operational decision-making.

With those cautions, I will hand the call to Mike.

Mike Tokich

Thank you, Julie and good morning, everyone. It is once again my pleasure to be with you this morning to review the highlights of our first quarter performance.