5/6/2020

speaker
Buena
Conference Operator

Ladies and gentlemen, thank you for standing by and welcome to the Q1 2020 Bio-Rad Laboratories Incorporated Earnings Conference Call. At this time, all participants are in the listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 on your telephone. If you require any further assistance, please press star 0. Thank you. I would now like to hand the call over to your speaker today, Mr. Ron Hudson. Please go ahead.

speaker
Ron Hudson
Vice President, Investor Relations

Thank you, Buena. Good afternoon, and thank you all for joining us. Today we will review the first quarter results for 2020. With me on the phone are Norman Schwartz, our Chief Executive Officer, Ilan Daskal, Executive Vice President and Chief Financial Officer, Andy Last, Executive Vice President and Chief Operating Officer, Annette Tumelow, President of the Life Science Group, and Dara Wright, President of the Clinical Diagnostics Group. Before we begin our review, I would like to caution everyone that we will be making forward-looking statements about management's goals, plans, and expectations, our financial future performance, and other matters. These statements are based on assumptions and expectations of future events that are subject to risks and uncertainties. Included in these forward-looking statements are statements regarding the impact of the COVID-19 pandemic on Bio-Rad's results and operations and steps Bio-Rad is taking in response to the pandemic. Our actual results may differ materially from these plans and expectations, and the impact and duration of the COVID-19 pandemic is unknown. We cannot be certain that Bio-Rad's responses to the pandemic will be successful, that the demand for Bio-Rad's COVID-19-related products is sustainable, or that Bio-Rad will be able to meet this demand. You should not place undue reliance on these forward-looking statements, and I encourage you to review our filings with the SEC, where we discuss in detail the risk factors in our business. The company does not intend to update any forward-looking statements made during the call today. Our remarks today will also include references to non-GAAP net income and non-GAAP diluted income per share, which are financial measures that are not defined under generally accepting accounting principles. Investors should review the reconciliation of these non-GAAP measures to the comparable GAAP results contained in our earnings release. I will now turn the call over to Ilan Daskal, Executive Vice President and Chief Financial Officer.

speaker
Ilan Daskal
Executive Vice President and Chief Financial Officer

Thank you, Ron. Good afternoon. Thank you all for joining us. And we hope that you and your families are well and staying healthy. We would like to recognize and thank our employees around the globe who continue to make extraordinary efforts to serve our customers under the current tough circumstances. Before I begin the detailed quarterly discussion, Andy Last, our Chief Operating Officer, will provide an update on BioRates operations in light of the current pandemic-related environment that we are experiencing globally.

Disclaimer

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