The RMR Group Inc. (RMR) CEO Adam Portnoy on Q2 2022 Results - Earnings Call Transcript

May 09, 2022 10:27 AM ETThe RMR Group Inc. (RMR)2 Comments
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The RMR Group Inc. (NASDAQ:RMR) Q2 2022 Earnings Conference Call May 5, 2022 1:00 PM ET

Company Participants

Michael Kodesch - Director, Investor Relations

Adam Portnoy - President and Chief Executive Officer

Matt Jordan - Chief Financial Officer

Conference Call Participants

Bill Katz - Citigroup

Kyle Menges - B. Riley FBR

Ronald Kamdem - Morgan Stanley

Operator

Good day and welcome to The RMR Group Fiscal Second Quarter 2022 Earnings Call. [Operator Instructions] I would now like to turn the conference over to Michael Kodesch, Director of Investor Relations. Please go ahead.

Michael Kodesch

Good afternoon and thank you for joining RMR’s second quarter of fiscal 2022 conference call. With me on today’s call are President and CEO, Adam Portnoy; and Chief Financial Officer, Matt Jordan. In just a moment, they will provide details about our business and quarterly results followed by a question-and-answer session. I would like to note that the recording and retransmission of today’s conference call is prohibited without the prior written consent of the company.

Today’s conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based on RMR’s beliefs and expectations as of today, May 5, 2022 and actual results may differ materially from those that we project. The company undertakes no obligation to revise or publicly release the results of any revision to the forward-looking statements made in today’s conference call. Additional information concerning factors that could cause those differences is contained in our filings with the Securities and Exchange Commission, which can be found on our website at www.rmrgroup.com. Investors are cautioned not to place undue reliance upon any forward-looking statements.

In addition, we may discuss non-GAAP numbers during this call, including adjusted net income, adjusted earnings per share, adjusted EBITDA, and adjusted

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