5/6/2020

speaker
Operator
Conference Operator

Ladies and gentlemen, thank you for standing by, and welcome to the CDW First Quarter 2020 Earnings Conference Call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press the Start and the 1 key on your touch-tone telephone. Please be advised that today's conference may be recorded. If you require operator assistance, you may press Start and 0. I would like to hand the conference over to your speaker today, Brittany Smith, VP of Investor Relations and Financial Planning and Analysis. Please go ahead.

speaker
Brittany Smith
VP, Investor Relations and Financial Planning & Analysis

Thank you. Good morning, everyone. Joining me remotely today to review our first quarter financial results are Chris Leahy, our Chief Executive Officer, and Colin Keebo, our Chief Financial Officer. Our first quarter earnings release was distributed this morning and is available on our website, investor.cdw.com. along with supplemental slides that you can use to follow along during the call. I'd like to remind you that certain comments made in this presentation are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. Those statements are subject to risks and uncertainties that could cause actual results to differ materially. Additional information concerning these risks and uncertainties is contained in the earnings relation form 8K we furnished to the SEC today and in the company's other filings with the SEC. CDW assumes no obligation to update the information presented during this webcast. Our presentation also includes certain non-GAAP financial measures, including non-GAAP operating income and non-GAAP earnings per share. All non-GAAP measures have been reconciled to the most directly comparable GAAP measures in accordance with SEC rules. You'll find reconciliation charged in the slides for today's webcast and in our earnings release in form 8K we furnished to the SEC today. Please note that all references to growth rates or dollar amount increases in our remarks today. are versus a comparable period in 2019 unless otherwise indicated. In addition, all references to growth rates for hardware, software, and services today represent US net sales only and do not include the results from CDW UK or Canada. Also, there was one more selling day in the first quarter of 2020 as compared to 2019. Replay of this webcast will be posted to our website later today. I also want to remind you that this conference call is a property of CDW may not be recorded or rebroadcast without specific written permission from the company. With that, let me turn the call over to Chris. Thank you, Brittany.

speaker
Chris Leahy
Chief Executive Officer

I first want to take a moment to share our respects from CDW to all who are suffering hardships or loss as we face this COVID-19 health crisis, and also to recognize the extraordinary sacrifices and contributions being made by so many who are devoting themselves to serving others.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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Investor presentation