Exelixis, Inc. (EXEL) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.838 Good day, ladies and gentlemen, and welcome to the Exelixis First Quarter 2026 00:00:05.838 -- 00:00:11.505 Financial Results Conference Call. My name is Cherie, and I'll be your operator for today. 00:00:11.505 -- 00:00:15.529 As a reminder, this call is being recorded for replay purposes. 00:00:15.529 -- 00:00:18.653 I would now like to turn the call over to your host for today, Mr. 00:00:18.653 -- 00:00:23.219 Andrew Peters, Senior Vice President of Strategy and Investor Relations. 00:00:23.219 -- 00:00:25.519 Please proceed. 00:00:25.701 -- 00:00:28.988 Thank you, Cherie, and thank you all for joining us. 00:00:28.988 -- 00:00:33.956 for the Exalexis first quarter 2026 financial results conference call. 00:00:33.956 -- 00:00:38.344 Joining me on today's call are Mike Morrissey, our president and CEO, Chris Center, our 00:00:38.344 -- 00:00:43.513 chief financial officer, Dana Aftab, our executive vice president of research and development, 00:00:43.513 -- 00:00:48.561 and PJ Haley, our executive vice president of commercial, who will review our 00:00:48.561 -- 00:00:51.887 progress for the first quarter 2026 ended 00:00:51.887 -- 00:00:54.301 March 31st, 2026. 00:00:54.301 -- 00:00:58.845 During the call today, we will refer to financial measures not calculated according to 00:00:58.845 -- 00:01:03.750 generally accepted accounting principles. Please refer to today's press release, which 00:01:03.750 -- 00:01:09.296 is posted on our website, for an explanation of our reasons for using such non-GAAP measures, 00:01:09.296 -- 00:01:13.500 as well as tables deriving these measures from our GAAP results. 00:01:13.500 -- 00:01:17.344 During the course of this presentation, we will be making forward-looking statements 00:01:17.344 --...