Logitech International S.A. (NASDAQ:LOGI) Q1 2024 Earnings Conference Call July 25, 2023 8:30 AM ET

Company Participants

Nate Melihercik - Head, Global Investor Relations

Guy Gecht - Interim Chief Executive Officer

Chuck Boynton - Chief Financial Officer

Conference Call Participants

Asiya Merchant - Citi

Adam Angelov - Bank of America

George Wang - Barclays

Alexander Duval - Goldman Sachs

Ananda Baruah - Loop Capital

Erik Woodring - Morgan Stanley

Joern Iffert - UBS

Andreas Müller - ZKB

Michael Foeth - Vontobel

Samik Chatterjee - J.P. Morgan

Serge Rotzer - Credit Suisse

Nate Melihercik

Good morning and good afternoon. Welcome to Logitech’s Video Call to discuss our Financial Results for the First Quarter of Fiscal Year 2024. Joining us today are Guy Gecht, our Interim CEO; and Chuck Boynton, our CFO.

During this call, we will make forward-looking statements, including with respect to future operating results under the Safe Harbor of the Private Securities Litigation Reform Act of 1995. We are making these statements based on our views only as of today. Our actual results could differ materially. We undertake no obligation to update or revise any of these statements.

We will also discuss non-GAAP financial results and you can find a reconciliation between non-GAAP and GAAP results and information about our use of non-GAAP measures and factors that could impact our financial results and forward-looking statements in our press release and our filings with the SEC.

These materials, as well as the slides and a webcast of this call are all available at the Investor Relations page of our website. We encourage you to review these materials carefully.

Unless noted otherwise, comparisons between periods are year-over-year and in constant currency and net sales. This call is being recorded and will be available for a replay on our website.

I will now turn the call over to Guy.

Guy Gecht

Thanks, Nate, and thank you all for joining us. It is a pleasure to speak with you today. Before we jump into our first quarter achievements, let me provide some context regarding my role and the Board’s search process for Logitech’s next CEO.

I am both honored and excited to guide this iconic brand company in the near-term. During my four years on the Board of Logitech, I have gotten very familiar with the company as I had the opportunity to serve as the Chair of Logitech Technology and Innovation Committee of the Board and to serve as a member of the Audit Committee.