Beyond Air, Inc. (NASDAQ:XAIR) Q2 2025 Earnings Conference Call November 11, 2024 4:30 PM ET

Company Participants

Corey Davis - Investor Relations, LifeSci Advisors
Steve Lisi - Chairman and Chief Executive Officer
Douglas Larson - Chief Financial Officer

Conference Call Participants

Jason Wittes - ROTH MKM Partners
Marie Thibault - BTIG
Yale Jen - Laidlaw & Company
Matt Kaplan - Ladenburg Thalmann

Operator

Good afternoon, and welcome, everyone to the Beyond Air Financial Results Call for the Fiscal Quarter Ending September 30, 2024. At this time, participants are in a listen-only mode. A question-and-answer session will follow the form of presentation.

And now, I would like to turn the call over to Corey Davis, LifeSci Advisors, please go ahead.

Corey Davis

Thank you, operator. Good afternoon, everyone, and thank you for joining us. Today we issued a press release announcing the operational highlights and financial results for Beyond Air's second quarter of fiscal year 2025. A copy of this press release can be found on our website www.beyondair.net under the News & Events section.

Before we begin I'd like to remind everyone that we'll be making comments and various remarks about future expectations plans and prospects which constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Beyond Air cautions that these forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those indicated. We encourage everyone to review the company's filings with the Securities and Exchange Commission, including, without limitation, the company's most recent Form 10-K and Form 10-Q, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Additionally, this conference call is being recorded and will be available for audio rebroadcasts on our website, beyondair.net. Furthermore, the content of this conference call contains time-sensitive information that is accurate only as of the date of this live broadcast, November 11, 2024. Beyond Air undertakes no obligation to revise or update any statements to reflect events or circumstances after the date of this call.

With that, I'll turn the call over to Steve Lisi, Chairman and Executive Officer of Beyond Air. Go ahead, Steve.

Steve Lisi

Thanks, Corey, and good afternoon to everyone joining us. With me here today is Larson Larson, our Chief Financial Officer. I'm excited to report that the Beyond Air team is successfully executing our commercial strategy and building positive momentum. As a result, during the quarter ended September 30th, 2024, we increased our total number of hospital clients by over 60%. This is a tremendous signal to our team that the recent improvements we implemented in our marketing and customer education programs are striking the right tone with our customer base.