Zagg Inc (ZAGG) Q4 2018 Earnings Conference Call Transcript

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Zagg Inc  (NASDAQ:ZAGG)Q4 2018 Earnings Conference CallMarch 12, 2019, 5:00 p.m. ET

Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:


Good day, ladies and gentlemen, and welcome to the ZAGG Fourth Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this conference call is being recorded.

I would now like to introduce your host for today’s conference, Brendon Frey. Sir, you may begin.

Brendon Frey — Managing Director

Thank you, Ashley. Good afternoon, and thank you for joining us today to review the ZAGG fourth quarter 2018 financial results.

On the call today, we have Chris Ahern, Chief Executive Officer; Brad Holiday, Chief Financial Officer; as well as Taylor Smith, Vice President of Finance Accounting and incoming CFO. Following Chris and Brad’s prepared comments, we will open the call up for a question-and-answer session.

Our fourth quarter earnings press release issued today after the market closed at approximately 4:00 p.m. Eastern time. As a follow on to the earnings release, we published a supplemental financial information on our Investor Relations website. We also furnished this document to the SEC on Form 8-K. You can find all our earnings documents on our Investor Relations website at in the Quarterly Results section under the Financials tab.

We are recording this call, and a podcast of the conference call will be archived at the ZAGG Investor Relations webpage under the Events tab for one year.

Before we begin, we’d like to remind everyone that the prepared remarks contain certain forward-looking statements and management may make additional forward-looking statements in response to your questions. These statements include, but are not limited to, our outlook for the Company and statements that estimate or project future results of operations for the performance of the Company. These statements do not guarantee future performance and speak as of the date hereof.

For a more detailed discussion on the factors that can cause actual results to differ materially from those projected in any forward-looking statements, we refer all of you to the risk factors contained in ZAGG’s annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. ZAGG assumes no obligation to revise any forward-looking statements that may be made in today’s release or call.

Please note that on today’s call, in addition to discussing the GAAP financial results and the outlook for the Company, we will discuss adjusted EBITDA and diluted operating earnings per share, both non-GAAP financial measures. An explanation of ZAGG’s use of these non-GAAP financial measures in this call and the reconciliation between GAAP and non-GAAP measures required by SEC Regulation G is included in ZAGG’s press release today, which again, can be found on the Investor Relations section of the Company’s website. The non-GAAP information is not a substitute for any performance measure derived in accordance with GAAP and the use of such non-GAAP measures has limitations, which are de

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