Sonendo, Inc. (SONX) CEO Bjarne Bergheim on Q1 2022 Results - Earnings Call Transcript

May 10, 2022 8:38 PM ETSonendo, Inc. (SONX) StockSONX
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Q1: 2022-05-10 Earnings Summary

EPS of -$118.00 misses by $6.00
 | Revenue of $9.03M beats by $811.49K

Sonendo, Inc. (OTCQX:SONX) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET

Company Participants

Bjarne Bergheim – President and Chief Executive Officer
Michael Watts – Chief Financial Officer
Matt Bacso – Managing Director of Gilmartin Group

Conference Call Participants

Jason Bednar – Piper Sandler
Nathan Rich – Goldman Sachs Group
Erin Wright – Morgan Stanley

Operator

Good afternoon and welcome to the Sonendo, Inc. Q1 2022, Earnings Conference Call. My name is Brika (ph), and I'll be today's event specialist. [Operator Instructions]. And with that, I would like to hand over to our host of today's call, Matt Bacso, please go ahead when you're ready.

Matt Bacso

Thanks, Operator. Good afternoon. And thank you for participating in today's call, joining me from Sonendo, are Bjarne Bergheim, President and CEO, and Michael Watts, CFO. Earlier today Sonendo released financial results for the quarter ended March 31st, 2022. A copy of the press release is available on the company's website. Before we begin, I'd like to remind you that management will make statements during this call that include forward-looking statements within the meaning of federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Any statements contained in this call that relate to expectations or predictions of future events, results, or performance are forward-looking statements. All forward-looking statements, including those relating to our operating trends and future financial performance, the impact of COVID-19 on our business, expense management, expectations for hiring, growth in our organization, market opportunity, revenue guidance, commercial expansion, and product pipeline development are based upon our current estimates and various assumptions. Few statements involve material risks and uncertainties that can cause actual results or events to materially differ from those implied by these forward-looking statements.

Accordingly, you

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