Sonos, Inc. (NASDAQ:SONO) Q2 2024 Results Conference Call May 7, 2024 5:00 PM ET

Company Participants

James Baglanis - Head-Investor Relations
Patrick Spence - Chief Executive Officer
Saori Casey - Chief Financial Officer

Conference Call Participants

Steve Frankel - Rosenblatt
Erik Woodring - Morgan Stanley
Jake Norton - Raymond James
Alex Fuhrman - Craig-Hallum
Brent Thill - Jefferies

Operator

Thank you for standing by. My name is Greg and I will be your conference operator today. At this time, I would like to welcome everyone to the Sonos Second Quarter Fiscal 2024 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would now like to turn the call over to James Baglanis, Head of Investor Relations. James, you have the floor.

James Baglanis

Good afternoon, and welcome to Sonos second quarter fiscal 2024 earnings conference call. I’m James Baglanis, and with me today are Sonos, CEO, Patrick Spence; CFO, Saori Casey; and Chief Legal Officer and Strategy Officer, Eddie Lazarus. For those who joined the call early, today’s hold music is a sampling from our sweets and spices station, which is curated in collaboration with API at Sonos in recognition of Asian Pacific American Heritage Month.

Before I hand it over to Patrick, I would like to remind everyone that today's discussion will include forward-looking statements regarding future events and our future financial performance. These statements reflect our views as of today only and should not be considered as representing our views as of any subsequent date. These statements are also subject to material risks and uncertainties that could cause actual results to differ materially from the expectations reflected in the forward-looking statements. A discussion of these risk factors is fully detailed under the caption Risk Factors in our filings with the SEC.

During this call, we will also refer to certain non-GAAP financial measures. For information regarding our non-GAAP financials and a reconciliation of GAAP to non-GAAP measures, please refer to today’s press release regarding our second quarter fiscal 2024 results posted to the Investor Relations portion of our website. As a reminder, the press release, supplemental earnings presentation and conference call transcript will be available on our Investor Relations website, investors.sonos.com. I would also like to note that for convenience, we have separately posted an investor presentation to our Investor Relations website, which contains certain portions of our supplemental earnings presentation.