Snap One Holdings Corp. (NASDAQ:SNPO) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET

Company Participants

Eric Steele - Senior Vice President, Finance

John Heyman - Chief Executive Officer

Mike Carlet - Chief Financial Officer

Ashley Swenson - Investor Relations

Conference Call Participants

Erik Woodring - Morgan Stanley

Jake Norrison - Raymond James

Operator

Good afternoon. Welcome to Snap One Holdings Fiscal Second Quarter 2023 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Snap One’s Senior Vice President of Finance, Eric Steele. Sir, please proceed.

Eric Steele

Great. Thank you. Good afternoon, and welcome to Snap One’s fiscal second quarter 2023 earnings conference call. As a reminder, this call is being recorded. Joining us today from Snap One are John Heyman, CEO, and Mike Carlet, CFO.

Before we begin, we would like to remind everyone that our prepared remarks contain forward-looking statements, and management may make additional forward-looking statements in response to your questions, including, but not limited to statements of expectations, future events or future financial performance. These statements do not guarantee future performance, and therefore, undue reliance should not be placed upon them. Although we believe these expectations are reasonable, we undertake no obligation to revise any statements to reflect changes that occur after this call. Actual events or results could differ materially. These statements are based on current expectations of the company’s management and involve inherent risks and uncertainties, including those identified in the Risk Factors section of our latest annual report on Form 10-K filed with the SEC, and our most recent quarterly report on Form 10-Q.

All non-GAAP financial measures referenced in today’s call are reconciled in our earnings press release to the most directly comparable GAAP measure. This call also contains time-sensitive information that is accurate only as of the time and date of this broadcast, August 8, 2023. Finally, I would like to remind everyone that this conference call is being webcast and a recording will be made available for replay on our Investor Relations website at investors.snapone.com. In addition to the webcast, we have posted a supplemental earnings presentation accompanying these results, which can also be found on our Investor Relations website.

I will now turn the call over to our CEO, John Heyman. John?

John Heyman

Thank you, Eric, and welcome, everyone, and thanks for joining us this afternoon. To begin today’s discussion, I’m going to give some company background, followed by a review of our recent performance, and then I’ll turn the call over to Mike Carlet, our CFO. He will discuss our financial results for the quarter in more depth, as well as provide our outlook for the remainder of the year. After that, I’ll share some closing remarks before opening the call for questions.