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Societal CDMO, Inc.
5/11/2022
session, you need to press star 1 on your telephone. Please be advised that today's conference is being recorded, and if you require any further assistance, please press star 0. I would like to hand the conference over to your speaker today, Stephanie Diaz with Societals Investor Relations. Go ahead.
Thank you. Hello, and thank you for joining us. On today's call, we have David Enloe, President and CEO, and Ryan Lake, Chief Financial Officer. Today, we will be providing an overview of Societal's contract development and manufacturing business, including updates on corporate activities and financial results for the quarter ended March 31st, 2022. After our prepared remarks, we will welcome your questions. Before we begin, I'd like to caution that comments made during this conference call today May 11, 2022, will contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the current beliefs of the company, which involve a number of assumptions, risks, and uncertainties. Actual results could differ from these statements, and the company undertakes no obligation to revise or update any statement made today. I encourage you to review all of the company's filings with the Securities and Exchange Commission concerning these and other matters. Our earnings press release and this call will include discussion of certain non-GAAP information. You can find our earnings press release, including relevant non-GAAP reconciliations, on our corporate website at societalcdmo.com. With that, I will turn the call over to David Enloe, Societal's President and CEO.
Thank you, Stephanie, and thank you to everyone who has dialed in and to those who are participating today via webcast. By any measure, 2021 was a transformative year for the company. New management and team, new facilities, new capabilities. These factors contributed to other important changes, including a significantly expanded and diversified customer base and a stronger financial position. I am pleased to report that the momentum created in 2021 is carryover into 2022. Not only have we continued to advance each of the prior year goals, but we have established a new set of goals for 2022, which are executing segment-specific sales and marketing strategies while building a stronger corporate identity, optimizing and expanding our capabilities, enhancing both our customers' and our employees' experience working with and for the company, and continuing to achieve growth and strengthen our financial position. During the first quarter, our team made progress in each of these areas, giving us great optimism for the year ahead. I will provide a review of our Q1 2022 achievements, followed in an overview of our financial results for the quarter. For that, I'll turn the call over to Ryan.
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