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Sierra Wireless, Inc. (SWIR) CEO Kent Thexton on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 11:56 PM ETSierra Wireless, Inc. (SWIR), SW:CA
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Sierra Wireless, Inc. (NASDAQ:SWIR) Q1 2020 Earnings Conference Call May 7, 2020 6:00 PM ET

Company Participants

David Climie - VP, IR

Kent Thexton - President, CEO & Director

David McLennan - Chief Transformation Officer & Corporate Secretary

Conference Call Participants

Paul Treiber - RBC Capital Markets

Thanos Moschopoulos - BMO Capital Markets

Scott Searle - Roth Capital Partners

Harvey Poppel - Poptech LP

Todd Coupland - CIBC Capital Markets


Ladies and gentlemen, thank you for standing by, and welcome to the Sierra Wireless First Quarter Earnings Conference Call. [Operator Instructions].

I would now like to hand the conference over to your speaker today, David Climie, Vice President, Investor Relations. Please go ahead.

David Climie

Thanks, and good afternoon, everybody. Thank you for joining today's conference call and webcast. On the call today are Kent Thexton; Dave McLennan; and Sam Cochrane, our new Chief Financial Officer. As a reminder, today's presentation is being webcast and will be available on our website following the call.

Today's agenda is as follows. Kent will provide his corporate update, Dave will provide a detailed review of our first quarter 2020 results and Kent will provide you a summary comments followed by Q&A.

Before we get started, I will reference the company's cautionary note regarding forward-looking statements as a summary of our cautionary note can be found on Page 2 of the webcast and is now being displayed. Today's presentation contains certain statements and information that are not based on historical facts and constitute forward-looking statements within the meaning of applicable securities laws. These statements include our financial guidance, statements about our strategy, goals, objectives and expectations and commentary regarding the outlook for our business. Our forward-looking statements are based on a number of material assumptions, including those listed on Page 2 of the webcast presentation, and could prove to be significantly incorrect. Additionally, forward-looking

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