INFU - Earnings call 3 2023 | InfuSystem Holdings, Inc.

Due to licensing restrictions, you must log in to view earnings call transcripts.

Operator

Good day, and welcome to the InfuSystem Holdings Inc. reports Third Quarter 2020 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Joe Dormay, Managing Partner. Please go ahead.

Joe Dorame

Good morning, and thanks for joining us today to review InfuSystem's financial results for the third quarter of 2023 ended September 30, 2023. conclusion the Chief Rich Lachance, call Financial Chief Officer. After on Officer; Chief President for today remarks, Operating Steele, prepared Barry Officer; the questions. us call open Dilorio, are Executive and we With will today's the of and Carrie

Reform that certain InfuSystem within Before begin this are risks for the Litigation during of conference for Private report call call and company may forward-looking contain statements everyone this meaning December Except risk Exchange remarks, by of the ended under Securities year like to Securities I conference uncertainties, forward-looking of documents we which annual made XXXX. statements Commission, would of the Form by management the the the the involve the with fact, prepared historical on remind with XXXX. statements some XX-K factors Act team XX, of filed and constitute detailed and statements including

as the InfuSystem to does such forward-looking and of prove as any correct. forward-looking be Forward-looking that law. except statements disclaims by any to specifically the required statements assurance statements, made. speak statements The not can no date update only will give company obligation were undertake

Dilorio, to call like turn Now I'd Officer over Chief to the of Rich Executive Rich? InfuSystem.

Richard DiIorio

Adjusted consecutive completed third from XX% in results Joe, up theme net million been key a us EBITDA XX% year-over-year was going our see the margins income. third to top recently second Not delivery row the execution. quarter improvement the of XX% today. I'm and And continued to seventh we the of only quarter, increased has up was InfuSystem's execution. call I the believe operating year XXXX the or Thank line show joining for reiterating income quarter our our financial for third year. Shifting is and prior the the in the year quarter record up a XX%. and was from the was it everyone. with when quarter, that the you, good to year. Operating Thank strong line, compared income Welcome prior call. start revenue, morning, all quarter XXXX bottom to more you earnings revenue with for in $X.X by this

While forward made This that's are was I we slightly solid number a trend suppressed to on the under We in agreement versus EBITDA originally be investments of resulting is the a to succeeded the accelerate the a in GE. we make because the services adjusted our necessary initial of first planned think quarter over have where nice growth because we investments last the pull strong and that the delivered EBITDA our year basis, original original early elected couple adjusted the plan budget. to devices behind our in and line, year-to-date with of onboarding pulling quarters. forward ahead with revenue, of in master

network the out begin our processes on our start achieve next how and After ironing we of are the some quarter, scale years. leveraging The and year. his improve rest that of been Carrie will for into margins. opportunities business future improvements in Barry the are of maintain the improving our stage implementing things the and and next XXXX revenue provides more phase fine-tuning color execution revenue our operating and will GE our Biomed year So long-term and with for this that of delivering process setting of as be and the provide margins and the of story terms That on execution technicians. review operating will national will has an we continuous doing, year identifying in new be

revenue net our updated we year, margin estimating August, percent adjusted to In be and guidance. to XX%. XX% XX-plus turning between for full and growth Now of guidance EBITDA the

above our Accordingly, and expect on we a to above How take a will provided. raised conservative of of continue year previously variety to depends control. revenue of very outside much in the which our range revenue to approach guidance our growth have are come XX-plus full percent. of We net factors, some

adjusted For maintaining EBITDA, are range our adjusted to margin EBITDA XX% we XX%. of

to third like the to I'd provide quarter. in financial the turn more detail will Now over performance call Barry, our on who

Barry Steele

and us focus position for during quarter's joining our quarter. you, current The you, and on changed on topics. it the Thank quarter financial call thank Rich, to the X the main outlook current and everyone, results, today. I'm drivers how for going fourth our

down mainly the GE third representing which at year all-time costs me margin the The the from X quarters. prior revenue Gross million was the XXth, increase revenue percentage, higher totaling for offset lease X% third the run impact was in higher gross First, main million straight annualized but Healthcare GE Biomedical higher mix XXXX, XXXX and million, was contract new Services due lower the and was a which during This to therapy totaling of is The XX% an the to stood seventh for due the million, XX.X% GE the record $X was million for $XX.X of mainly last product pressure XX.X% changes negative Net totaled revenues or from $X year-over-year for of The contract. another year. start-up increase product quarter decrease $X.X and third additional unfavorable Healthcare oncology was third X of the of results than revenue let prior by partially the also from driven equipment be sales a rate eighth which margin than million, quarter. devices by GE the for profit both to estimated totaling gross continues in record touch about revenue mix from than lower first $X.X quarter, million, this increase XXXX planned to are amount average. higher volume. $XXX,XXX. $X.X have second higher $XX.X third $XX company year to startup and therapy where or contract started pressure the prior quarter wound setting on for revenue costs was period. the of the the higher higher the This negative our million million wound the biomedical revenue and Healthcare quarter. the originally sales been a were approximately from the quarter. onboarded to we the larger quarter equipment have higher sales financial $X.X growth, in quarters a than devices of At for due drivers September the amount we XXXX and

totaled year. revenue, for of quarter million, The decrease continue from once ratio, of next XXXX that and and approach will XX.X% then $XXX,XXX XX.X% reach the XX%. several amount We was expenses was devices. Selling, a our dissipate the original estimates which administrative these third of to which year pass amounts circle anticipate first the as will growing represented and a ramp of full general our of we the elevated year number X% coverage decrease over the margin the $XX.X or representing for to quarters prior compared prior

was which quarter an totaling increase EBITDA $XXX,XXX XXXX revenue XXXX As our prior during result an second from adjusted quarter, XX.X% year increase a sequentially the the represented these and million $XXX,XXX. the of $X.X third impacts, of or in net totaling

fourth quarter. prospects to for Turning the the

we our rate forecast an stated, at growth revenue over increase end growth last As minimum expect This Rich from our XX%. outlook now XX%. was of amount be the when annual to our represents the quarter

an in timing XX% decrease represents fourth issues, sequential a our that twofold. due have ensures expect do significant that growth we The annual will not While are rate timing to revenue, implied mostly miss. issues amount a year-end by hedge quarter a almost the

This fourth we likely pressure it experience sales. in reflects million devices, during deliver fewer the that revenue First, which quarter, third totaled the is the quarter-to-quarter variability during equipment will in wood typically therapy $X.X we negative quarter.

of Second, the ramp-up we Healthcare contract mainly quarter year, in in $XXX,XXX fourth revenue GE any the revenue quicker-than-expected We for are do specific third has other onboarded the see revenue to reductions. which being the related a and of onboarding expecting quarter resulted devices initial the sequential to our device about consequently, This being in to currently not quarter. adding due during recognized. compared the lower lower in is additional devices less to number fourth contract be per the

outlook minimum our holding for an of assurance. XX% are to measure extra at We provide

Turning to a few reserves. position and capital points financial on our

earlier $X.X X As increase increased million in operating prior year from $XXX,XXX of for due increase working we quarter. the over totaling second for in a represented indicated XXXX to prior This the sequentially August, call quarter third sequential a for an during capital the third straight amount and the quarter than quarter the quarter slower lower cash of revenue the growth levels, our which second reflected quarters. was flow

trend We expect to quarter. this the continue in fourth

were at low up debt decreased and investments, was to services of leases required liquidity our in pump our and million purchases flow expenditures. Wound relatively capital $XX.X net million the debt that of expenditures $XXX,XXX capital available of and capital million, our decrease of the at The The quarter. equipment working the i.e., from much to net sources biomedical quarter. during of the decrease end a our capital quarter. wound shows Therapy adjusted of our XXXX as during in partially X lower adjusted and EBITDA our caused X.XXx year the end our Because is totaled not derived these as Pressure trailing growth cash factors, to by ratio fact quarter timing revenue the the capital-intensive debt $XX.X X.Xx This less due $X.X of amount equipment operating the the modestly at related to higher the and care. Additionally, to to total quarter third such to compared Negative end to total EBITDA fund fourth

same million on of borrowing protected revolving requirements, line of more margins. with in remaining swap who of doing the to rate over to our are consists years the term. I'm debt call and interest term detail nearly $XX interest what provide payment on outstanding Carrie, balance Our to our term the an through rates from X we going turn no operating with now improve increasing the having will credit

Carrie Lachance

Thanks, morning, Barry, and good everyone.

prior pressure is with of have related been provide indicated the some to we business are services very negative start, the primarily color pump primary biomed are involving roughly As already like channel activity a devices what to in after still opportunity of Today, operational facilities in we master doing that placements across our onboarding and where the GE lot efficiencies where I'd earlier, experience XXX,XXX and In Care, agreement our located driver to is has are Biomed mostly we Wound country. on improve is new the business onboarded. preparing To greatest. the Rich efficient.

is, visit there can, facilities, introductions these that of course, must of key time-consuming most teams are That prior as and onboarding planning the Where each engagement. occur. much to We park, to pumps an must and each how the do facility unique there several make For visit details have initial of that we the deal our to to locating gain first all with. big the access, be serviced. least-efficient one, to people but

our objective see staffing are costs. as end the Fortunately, build we travel we initial please costs. things client. training of and staffing The experience become will hiring, visit improvement progressively managed nearing prior, of expect we beginning, and the on was the and upon the and area better subsequent to overarching we of to biggest our the deploying onboarding the In each improve in is personnel and

known facilities level erred time. services. we To ensure things on do teams we as and concierge We for benefit of get subsequent we contracted with the the our projects settled this work. the visiting side will experience from workload do rightsized the more it done, these job cycles overstaffing firsthand at beginning, experienced of and premium visits and we our first teams, the the are into We sites, right, technicians where

important, more national of even first network our having build to potentially and is technicians. year our biomed Additionally used the

were not first time around bigger technicians often of teams regional being traveling in Our because place. the our

beyond means, this, preventative asset each with more on and site GE network one will inventory greater annual familiarity work technicians of extends regional organized our been matched will with we for be point building has have that even of relationship. an is time already the it's when national the forward, that are the technicians. A Going and last

means that a Our are mobile multiple often used gain outside are into can experience and and locally biomed site. always locations locked cover of will to They This we not be provide efficiency, GE they facilities. will technicians services the sites. at single contracted as and

will capacity the the to to geography business. win our our additional add capacity of flexibility new of be the supported one-off traveling with of concierge areas will more to by that geographies in surge model surge periodic to we this teams. We opportunity Each warrants have to business the add lean regional absorb where be technicians service. techs our be of will to of able very country satisfy aligns structure customer needs The workflow and to or well into parts and with

We put to the we into show back line. At believe the XXXX in I have to will over been place, call the this steady to throughout sources and turn Rich. continue point, making progress and into both the top to bottom model benefit would like XXXX biomedical

Richard DiIorio

and in fine-tuning I growth we're efficiencies to started excited pleased of X XXXX, and about operating that I Carrie. first have improving am We our execution. XXXX, be potential. And of our Thanks, revenue, After continue around completing strong future process quarters delivering performance, the InfuSystem's margins. revenue very and the with promised our

expect I returns. forward, will execution XXXX advance material the our to in in Looking improvements story include operating

We but expect phase, to Barry these the Carrie trends and efficiencies continue. in our we steadily are still and increasing as planning are explained,

venture's Care, will In place XXXX. mean bottom continuing tremendous expected our line and and of will time will our be while Care In new interested We adding and continuing going this Wound these projects be will will material in our the being, Wound in nearly across see strongest that Care working into will joint questions. for are best our GE all they and opportunities, Biomed into the come. Operator, become for partner, significantly venture incremental learning on believe and in remaining we drivers continue do distribution lines incremental growth to more our of are completing onboarding of expect about in the to channel to drivers. products. means open to the growth expect contributors activity accretive but executing our focused always And Biomed are growing Wound to smaller most X. ready and channel both material Wound to top of these XXXX, be For to technicians. scale, that we the Advanced attention potential and Sanara, joint Both likely then growth network with be national this Care. we opportunities XXXX have to primary to Both and years growth we now opportunities our hardware Biomed,

Operator

Capital [Operator Instructions] Brooks Market. comes with Our from O'Neil first Lake Street question

Brooks O'Neil

us on like And to I'd congratulations the has It strong X have on where you're I'm color equipment focused has the I you presence beyond And GE growth that GE And facilities a questions. sounded few results. I opportunities servicing Can guess that like is start that? primarily did on where pipeline your in really I of on GE curious you by businesses. focusing you're the hear GE. give any primarily incremental them? focused building. correctly on

Richard DiIorio

Yes.

have that the pumps, a have So everything for where don't in they contracts So hospital. on has for presence, contract they definitely focused a right? we're them, GE just

want step on toes. of to kind So we their wouldn't

as far to is facilities, standpoint they and outside the that's first And and holding GE beyond which because logistics incremental that to or we think a out off have the their purposely team be going establish and as We've on to had roughly we a beyond services of foremost. the where purview. challenges biomedical from execute we on hiring we I work, X,XXX GE's X,XXX GE, team were GE knew been wanted job selling non-GE into be there's opportunities ready.

Once facilities. more we're if But first to bringing more would in stable so that we have done on quarter. can field we of sides. starting then too early, non-GE to start that happens, both even Now in we have the a not and get space

Brooks O'Neil

Sure. That makes appreciate total sense. I color. that

maybe to I with there. me guess as referenced the should arrangement the Wound not a Let Care. that I'm turn familiar be you as I lease and dynamics

going the and there, could on is, as on So Sanara well, on if great. give if little little then of you be that going with would things too. And extremely joint a helpful color what color that bit are give a us with could us would how be venture more that you what's

Richard DiIorio

Sure.

a we're lease on distributor. to large So a equipment through directly distributor, the side, leasing customers and

lease facility, They them a talk about we facility, they be put but can there, equipment. you we and Genadyne and them they own how nursing into we want devices effectively coming recognize revenue devices. it's the So into the their long-term know care I Barry some We book promote. the how should And in we effectively. get once to a recognize. skilled core don't Barry, soon if sit too. we There'll second, them, in them as lease sale

Barry Steele

Yes. revenue. the accounting. qualifies lease sales. just our equipment basically booking over we what's one the for of called sales get to payments we're the is lease It's cost where The equipment of XX Again, sales-type the months, us cost

just to built So We little component recognized very it's a the it's just the but period, much. cost any bit line into get We like and paid. revenue of equipment us. There small XX-month capital is of not over a wait sale. interest revenue

Richard DiIorio

on the the do, piece, we're that start now but are pretty and then all go physician pipeline groups soon. are the something products to with done. going from high The the is and BIAKOS There's back-end And seeing team -- Sanara team we start to a out has now. now to and systems effectively still starting call placing Sanara,

be very start of kind the the year. by significant I end real this end here next But out of think at and year. very of door we're year be there'll hopefully, that some early still soon, going expecting it the to next or products

Brooks O'Neil

negative is the are they or understand Sanara the between about these today? homes, to fairly devices me in partnership what nursing overlap you're pressure one opportunities placement final there think help just which you separate with an as you and can it is, And doing of Great. thing,

Richard DiIorio

Yes.

it's So I us channel is single news homes there, through is the distributor largely. will care to blossom, opportunity of hopefully, and into relationship, that kind and leases the of placing a separate facility. once right? Sanara So equipment those gives play in a same think is nursing the that good our long-term start, the to But products

we should those there combo there absolutely, every products not there. to facilities, same able those be but should single one, should in -- synergies So be be

Brooks O'Neil

Interesting.

sense mobile some I good is having think, seen for some interact Let what that? question, me Have I are you to business in this that site primarily you one are, pretty a today or Care see focused the last location. as with that I And there ask there opportunity have apologize. being you I fixed success. might guys Wound any do mobile homes on nursing call operators operators, and

Richard DiIorio

Brooks, do operators physician about you traveling the groups? mean you're talking in mobile

Brooks O'Neil

I around Yes. bands sense devices opportunity fast that And thing. there maybe a have I nursing just And are put of go pressure the patients in in not is [Indiscernible]. operating there people just a kind pretty think who in that have or and nursing community multiple home, but that on growing negative that homes

Richard DiIorio

Yes.

those traveling So physician we yes, guys groups. so call

tend with They single big It of there lot That a those contracted at So can different our regional, guys, any they opportunity. don't because They're because wound contracted to you to the skilled long-term care care get That's are a groups of opportunities definitely country. employ facilities them. doctors are pipeline. -- you facilities a that biggest So of huge cover full-time themselves typically. opportunity. the are in single ton aren't work those might there is right? be be just facilities nursing doctor when out. are a around They and a going one not the facilities, them with of they're but

guys. relationships some those with have We

will a So into revenue sure. they apiece when to be we real see next back that for start year,

Operator

Our next question Nowak from Alex comes Craig-Hallum. with

Alexander Nowak

you of Wound revenue because systems. bolus of lot of X placed quarters the the first So in year, the a these that's

far all start payment few to treat that benefit trying that think systems the and future to like X of kick consumable of in play. more years. placed so next that -- the and in quarters kind to recurring this you that is I'm So going be like is to next helps XX-month longer-lasting margins with a a over going just and

Richard DiIorio

we recognize $XXX,XXX the a $X consumables right? It's There -- the we When upfront. So sell might piece or I we'll in think be a consumables in so have the will revenue leases well. number, much -- the million be less. we quarter, as smaller of if

pike. So that we'll will kind see the of consumable piece the that be coming down

to one leases. right? hopefully of guidance thing fruition, full. to leases it this guess get want distribution to out knows outside continue think that sales of to to X to the when make going of that It of selling our forever. I doesn't the day going I agreement will done, are over come is mean first have the those the right? not big we're to The we We're but part our everyone week. pipeline leases reps is there on that forecasting, We're quarters, bolus that sure going comes be when leases every It's

So like leases. going just to not to It's of of quarter we -- kind it's continue to see will burst it's we're every But going place revenue gone. forever. that be not

Alexander Nowak

Sanara but that start meaningful top All JV, No, a Okay. talked to line know revenue we period. in sense. XXXX say the Is that's when the about past, I in And from time can that way. we've the contributing this to right. a makes

Barry Steele

Yes.

that really where have the share going say the revenue can purchasing vehicle kind of and booked joint the that's we actually top we But is were on a part a supply line, built So [Indiscernible], chain. we now. leases any profit into JV be forward the our just of could venture, the will so then

Alexander Nowak

Okay.

makes That right. Got sense. Okay. Got it. it. All

it's couple to quarters margin, here, last sort all through walked gross in and making. improvements you're be been those impacted of the operational going you the then So of

wait leverage or see can margin, of you or there? XXXX XXXX, it until helpful. we we into middle to of XXXX, I you to get end start get guess as do back the got high to that's is XXs very really until So gross the a

Barry Steele

Keep mind for just Yes, say is necessarily margin, know XXs. to back thing lot doesn't of is that we additional nice gross that I add don't The a of some high it that lower example. business get that in the G&A. biomed,

EBITDA approaching point the through that and from we're efficient an we able those -- on be XX% year back we next we're margin So some continue as to margin, at break be getting to should perspective, services. to more delivering

Alexander Nowak

Got control. on Okay. revenue play I There's of the factors And to a here then guide, appreciate outside it. the that conservatism. lot

what's a to beat. which So growth think But that of essentially can would level you we at at I that lowest don't put on your the year, the correct. flip on QX gets necessarily -- be the side, would lowest XX% the quarter based the commentary,

and I likely takes So maybe like like more puts is the scenario. XX%, the more just seems XX% mean, growth it there?

Richard DiIorio

Yes.

a don't in there's into last that had going line number, prior the but quarters? new expect, quarter Are leases in that's the the XX-plus still I quarter we and into come that sight we that I up, the other also replace third of we've quarter we Outside QX. more we of So beat and by? the look in devices of onboarding the I the just right Is So much us you're order that X the didn't XX-plus How floor think percent the experience percent. Last out the through should But moved line devices year, far. there anything 'XX. what else guarantee the we years I timing Barry be bring of issue to we have we think in to that, quarter. things get an hit had in timing shouldn't supply to beat just Omicron went We us on that issues? right? couldn't in happened leases the of of number. door. the is right? fourth I lowest chain where in had fourth that it that at can and that didn't we that expect in think have year have GE sight down we never $XXX,XXX the December I would beat had for of the able the

So we're some giving space. ourselves just

things that numbers out something still for one do yet. to know that's because make can we're we just we going don't happens, when we're that we there. like want thing that going We even if sure to the So hit we is hit can put number to them account

Operator

Jim & [Operator next Company. question Sidoti The comes with Instructions] from Sidoti

James Sidoti

So first one on SG&A.

don't see typically grow have SG&A. You company line XX% a top the lower and

-- you I some did reduce come know any slightly to were XXXX. to back? that teams XXXX in Now you in haven't this line to able expenses SG&A other But the in sales there onetime of And leverage do expect continue XXXX? be

Barry Steele

Yes.

some So seasonal there are things.

do. a as meetings higher So selling our QX little we cost bit of in some the is things of sales and some our and shows

up should come expect you bit. a little to So that

comp bounces little bit. around stock that think the a I

careful to So you that. be about have

the amount You'll out trends, will. kind of you table, be that that can adjusted so able of to if see the you in of sort EBITDA the pull

the can on theme the little our is we best line. as that's G&A think growing faster built leverage I fixed to to into by a try top cost

hope you improve So think that to somewhat can margins our SG&A. we I see should leveraging by

James Sidoti

or you then out. out anything 'XX? talk plays on But a up little XXXX. pumps more preparing you're people, with All you're Just can are bit with in us those started in all color Sanara. right. some have specific that ramping there you about And how you getting give training how Obviously, the for

Richard DiIorio

Yes.

has got type that out. back-end like of get we the ready trained say, the document systems of is filling licensing fill the have this to market. up the detail months. I pipeline starting way mean team looks that in They've year. and all been we That's like and mean to accreditation earlier in kind the down to go. needed to what The products So the well doctor would once I for now all the at the we pretty is built, the the to is team that Then I point. we done talk to. got about largely

able X seen We've now product go to Sanara. try pipeline. are are a some and deals reps close the to patient on from in about or and in that that supplies the So the already talk go out again, come

out, think see that been end traveling why relatively point Brooks' team and and start we'll accelerate go. really it we quickly. some as we to cycles the to XX roll to can is see on to So ramp. talking starts the earlier, have it physician of There's the year next be it But to early ready where back next should take months, we groups But groups, with already. those X -- sales really should. will year, revenue to guys But our actually that's

when ready pretty fairly turn quickly. should faucet to on, So we're well it the go

James Sidoti

that who you do to that type and to some of be just these XXXX, in now you these out pumps expect consumable Is So service revenue generate are them patients correct? clear, the so pumps. have there, using

Richard DiIorio

Yes. correct. don't I big it's Yes, think that's number. a

dollars, add millions relatively the I of millions think The of small more the dollars we dollars but of in with it's in of is pumps it's a that thousands equipment not 'XX, the it's hope piece are it, hundreds there up consumable for market, number. out today. that drives not as

James Sidoti

that play right. you flow. What out expansion, debt cash at the And what's to When going do things the assuming going cash do Is think into revenue opportunities? Are priority? growth with down? to other improve, start Okay. saying, you pay and you're flow generation... be it then you margin to translate look cash some the see does All that decent regarding way should better

Richard DiIorio

Yes. Sure.

there or buy is look to debt? good priority our the where stock we'll make If to think the is then I to. business it then we right? in business, Is When it's to the stock with to are opportunistic. money have feed It's still the buybacks? grow it we've devices acquisitions the we is done what at, we'll some go And back. think So buy past, a value, stock

down quarter, with write million in You the debt can dollars. a see of couple it, we third paid

in to. the business, down we priority variety have but the a So have look we invest is opportunity of invest of one, paying we're to still, window there's factors, to when business we'll buybacks in think where debt. at don't we number If have a the I

James Sidoti

then I'm sorry. And right. -- exactly All

Barry Steele

can our I don't that lose debt commitment. one down they on pay thing just structure is debt, say and good our we

a borrower know we back. So

have handling a way cash efficient of of we and ebbs flows So short-term flow. good our

James Sidoti

more need how many service do bring you equipment? all their you to regards think then to to with And on GE, folks

Richard DiIorio

probably technicians to ton geographies. get certain not a dozen We're It's couple a regional in in of of down in guys. people. place It's

James Sidoti

So audition? XX% about staff the with you're done XX%,

Richard DiIorio

Yes, think assessment. fair a I that's

Operator

of the would for no the questions. concludes to remarks any turn conference session. Dilorio, to CEO we company further Rich back As see over This the closing like question-and-answer I

Richard DiIorio

I I has we want results. to on great our and year thank everyone the forward and quarter to fourth in look participating everyone today's hope discuss for call full to day. call, our spring a

Operator

you presentation. has attending Thank conference today's now concluded. for The

You all disconnect. may now

InfuSystem (INFU) 7 Nov 232023 Q3 Earnings call transcript