Q1 2022 Progyny Inc Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the Progyny, Inc. First Quarter 2022 Earnings Conference Call. (Operator Instructions)
It is now my pleasure to turn the floor over to your host, James Hart, Vice President of Investor Relations. James, the floor is yours.
Thank you, Paul, and good afternoon, everyone. Welcome to our first quarter conference call. With me today are Peter Anevski, CEO of Progyny; Michael Sturmer, President; and Mark Livingston, CFO. We will begin with some prepared remarks before we open the call for your questions.
Before we begin, I'd like to remind you that today's call contains forward-looking statements, including, but not limited to, statements about our financial outlook for both the second quarter and the full year of 2022, including our expected utilization rate and mix; the impact of COVID-19 including variance on our business, clients, member activity and industry operations; our ability to acquire new clients and retain and upsell existing clients; our market
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