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WideOpenWest, Inc.
8/5/2022
Good morning. My name is Rex, and I will be your conference operator today. At this time, I would like to welcome everyone to the Wide Open West Q2 2022 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star one. Thank you. At this time, I'd like to introduce Andrew Posen, Vice President and Head of Investor Relations. You may begin your conference.
Good morning, everyone, and thank you for joining our second quarter 2022 earnings call. With me today is Theresa Elder, WOW's Chief Executive Officer, and John Rego, WOW's Chief Financial Officer. Before we get started, I would like to remind everyone that during our call, we will make some forward-looking statements about our expected operating results, our business strategy, and other matters relating to our business. These forward-looking statements are made in reliance on the safe harbor provisions of the Federal Securities Law and are subject to known and unknown risks, uncertainties, and other factors that may cause our actual operating results, financial position, or performance to be materially different from those expressed or implied in our forward-looking statements. You are cautioned not to place undue reliance on such forward-looking statements. we disclaim any obligation to update such forward-looking statements. For additional information concerning or cause actual results to differ materially from our forward-looking statements, please refer to our filings with the SEC, including the risk factor section of our Form 10-K filed with the SEC, as well as the forward-looking statement section of our press release. In addition, please note that on today's call and in the press release we issued this morning, we may refer to certain non-GAAP financial measures. While the company believes these non-GAAP financial measures provide useful information for investors, the presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Non-GAAP metrics for our historical reported results can be found in our earnings releases and our trending schedules, which can be found on our website. We have also included a presentation this morning. Now, I'll turn the call over to WOW's Chief Executive Officer, Teresa Elder.
Thanks, Andrew. Welcome to WOW's second quarter earnings call. I'm pleased with the progress we consistently make as we execute our long-range plan as a high-growth, low-leverage business. We continue to grow to HSD subscribers. which exceeded our expectations for the quarter and drove record pro forma adjusted EBITDA and EBITDA margins. We have to balance our optimism for the future with the challenges of the current economic environment.
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