Q1 2022 Velan Inc Earnings Call Transcript
Greetings, and welcome to the Velan Inc. Q1 Financial Results.
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(Operator Instructions)
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(Operator Instructions)
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As a reminder, this conference is being recorded Wednesday, July 14, 2021. (foreign language).
I would now like to turn the call over to Yves Leduc, CEO. (foreign language). Please go ahead. (foreign language).
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Welcome to our first quarter fiscal 2022 conference call, joined today by Benoit Alain, our new CFO; and John Ball, who has recently served as Interim CFO and has transitioned back to Executive Vice President.
I will start with a brief summary of our results, followed by a more detailed discussion of our outlook. Thereafter, John, Benoit, and I will open the line to your questions.
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Our first quarter results were mixed. Sales were flat for the quarter caused primarily by temporary
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