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Wyndham Destinations, Inc. (WYND) CEO Michael Brown on Q1 2020 Results - Earnings Call Transcript

May 06, 2020 1:46 PM ETTyler Technologies, Inc. (TYL)
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Wyndham Destinations, Inc. (WYND) Q1 2020 Earnings Conference Call May 6, 2020 8:30 AM ET

Company Representatives

Michael Brown - President, Chief Executive Officer

Mike Hug - Chief Financial Officer

Chris Agnew - SVP, Investor Relations

Conference Call Participants

David Katz - Jefferies

Stephen Grambling - Goldman Sachs

Jared Shojaian - Wolfe Research

Brian Dobson - Nomura Instinet

Patrick Scholes - SunTrust

Chris Woronka - Deutsche Bank


Good morning, and welcome to Wyndham Destinations, First Quarter 2020 Earnings Conference Call. After the speakers remarks there will be a question-and-answer period. [Operator Instructions] As a reminder, ladies and gentlemen this conference call is being recorded. If you do not agree with these terms, please disconnect at this time. Thank you.

We would now like to turn the call over to Chris Agnew. Please go ahead.

Chris Agnew

Thanks Bree. Good morning and welcome. Before we begin, we'd like to remind you that our discussions this morning will include forward-looking statements. Actual results could differ materially from those indicated in the forward-looking statements and the forward-looking statements made today are effective only as of today.

We undertake no obligation to publicly update or revise these statements. The factors that could cause actual results to differ are discussed in our SEC filings, and you can find a reconciliation of the non-GAAP financial measures discussed in today's call in the earnings press release available on our website at investor.wyndhamdestinations.com. Also available on our website, you will find a supplemental presentation for this call.

This morning, Michael Brown, our President and Chief Executive Officer will provide an overview of our first quarter 2020 results in addition to an update of our current operations and company strategy, and Mike Hug; our Chief Financial Officer will then provide greater detail on our results, our balance sheet and liquidity position. Following these remarks, we

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