Invitae Corporation

Ladies and gentlemen, thank you for standing by and welcome to NVIDIA's third quarter 2020 financial results conference call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press star and then one on your telephone. If you require any further assistance, please press star zero. I would now like to hand the conference over to Laura D'Angelo. Thank you. Please go ahead.

Thank you, operator, and good afternoon, everyone. Thank you for joining us for our third quarter 2020 earnings call. Joining us today are Sean George, our CEO, Shelley Geyer, our CFO, Lee Venducchi, our chief policy officer, Bob Nussbaum, our chief medical officer, Katherine Stuhland, our chief commercial officer, and Jason Myers, president of our oncology business area. As you listen to today's conference call, we encourage you to have our press release available, which includes our financial results as well as metrics and commentary on the quarter. Before we begin, I'd like to remind you that various remarks that we make on this call that are not historical, including those about our future financial and operating results, our plans and prospects, the focus of our business strategy, our plans to integrate and manage businesses we acquire, market opportunities, future products, services, our product pipeline and the timing thereof, demand for and reimbursement of our services, and our investment in our infrastructure and operations, These statements constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act. It is difficult to accurately predict demand for our services, and therefore, our actual results could differ materially from our stated outlook. Statements on future company performance assume, among other things, that we don't conclude any additional business acquisitions, investments, restructurings, or legal settlements. We refer you to our most recent 10Q, in particular, for additional information on factors that could cause actual results to differ materially from our current expectations. These forward-looking statements speak only as a date hereof. To supplement our consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States, or GAAP, we monitor and consider several non-GAAP measures. In this period, these non-GAAP measures include cost of revenue, gross profit, operating expense, including research and development, selling and marketing, and general and administrative, other income expense, net, as well as net loss and net loss per share, and cash burn. We encourage you to review our GAAP to non-GAAP reconciliations, which are available in the press release and in the earnings slide deck. With that, I will turn the call over to Sean.

It's been a busy and exciting few months, both at Invitae and around the industry at large. While there is a lot to discuss, if we leave you with one key takeaway from the call today, it would be to orient or reorient everyone to our mission, the long game at Invitae. Q3 was a great quarter for us and key performance metrics all indicate that we can and in time will return to our pre-pandemic growth trajectory. In fact, September turned out to be our strongest month ever. Despite the uncertainty and headwinds of the pandemic last quarter, we saw much stronger tailwinds in the form of broader adoption, public and private payer decisions, and expanding guidelines. We continue to expand our addressable markets and improve our ability to grow into them faster. We see no change in the global demand for our platform and fully expect to return to a high growth trajectory and maintain it for many years to come. On this call, we'll cover significant developments and future outlook, but first, Shelley will walk us through the quarterly financial results.