Conformis, Inc. (CFMS) Q1 2023 Earnings Call Transcript

Conformis, Inc. (CFMS) Q1 2023 Earnings Conference Call May 8, 2023 8:30 AM ET

Company Participants

Mark Augusti - President and CEO
Bob Howe - CFO and Treasurer

Conference Call Participants

Eric Anderson - TD Cowen
Steve Lichtman - Oppenheimer
Joshua Jennings - TD Cowen

Operator

Good morning, and welcome to the First Quarter 2023 Earnings Conference Call for Conformis, Incorporated. My name is Tanya, and I will be your conference operator today. All lines have been placed on listen-only mode to prevent any background noise. After management's remarks, there will be a question-and-answer session.

I would like to remind you that this call will include forward-looking statements within the meaning of federal securities law, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements made during this call are not statements of historical facts should be considered forward-looking. These statements involve material risks and uncertainties that could cause actual results or events to materially differ from those anticipated or implied by these forward-looking statements, including those discussed in the Risk Factors section of Conformis' public filings with the U.S. Securities and Exchange Commission.

You should not place undue reliance on these forward-looking statements. Conformis disclaims any obligation, except as required by law, to update or revise any financial projections or forward-looking statements, whether because of new information, future events or otherwise. This conference call will include time-sensitive information and is accurate only as of the live broadcast today, May 8, 2023.

I will now turn the call over to Mark Augusti, President and Chief Executive Officer of Conformis.

Mark Augusti

Thank you, and good morning. With me this morning is our CFO, Bob Howe.

We had a mixed quarter of performance with many positive results, offset by lagging revenue growth. From