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Fitbit, Inc. (FIT) CEO James Park on Q2 2018 Results - Earnings Call Transcript

Aug. 01, 2018 10:34 PM ETFitbit, Inc. (FIT)1 Comment
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Fitbit, Inc. (NYSE:FIT) Q2 2018 Earnings Conference Call August 1, 2018 5:00 PM ET


Tom Hudson - IR

James Park - CEO, President and Co-Founder

Ron Kisling - CFO


Alex Fuhrman - Craig-Hallum

Sherri Scribner - Deutsche Bank

Jeffrey Garro - William Blair

Scott McConnell - D.A. Davidson

Joshua Kehoe - Citi

Joe Wittine - Longbow Research

Ryan Goodman - BofA Merrill Lynch

Yuuji Anderson - Morgan Stanley

Scott Searle - ROTH Capital

Charlie Anderson - Dougherty


Good day and welcome to the Fitbit Second Quarter 2018 Earnings Call. This call is being recorded. At this time, I would like to turn the conference over to Tom Hudson. Please go ahead, sir.

Tom Hudson

Good afternoon and welcome. Fitbit distributed a press release detailing its quarterly results earlier this afternoon. It's posted on our Web-site at www.fitbit.com and also available from normal financial news sources. This conference call is being Webcast live on the Investor Relations page of our Web-site, where a replay will be archived.

On this call, all financial measures are presented on a non-GAAP basis, except for revenue which is a GAAP measure. A reconciliation of GAAP to non-GAAP financial measures is provided in our posted earnings release or in other earnings presentation materials posted on the Investor Relations page of our Web-site.

This conference call will contain forward-looking information, which is subject to risks and uncertainties described in Fitbit's filings with the SEC and in today's press release. Actual results or events may differ materially.

We will begin with a commentary from James and Ron, and we'll then open the call to questions. We are going to limit the call to about an hour, so we apologize in advance if we don't get to all your questions. Let me introduce Fitbit's Chairman and CEO, James Park. James?

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