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Quotient Technology's (QUOT) CEO Steven Boal on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 3:54 AM ETQuotient Technology Inc. (QUOT)
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Quotient Technology Inc. (NYSE:QUOT) Q1 2020 Earnings Conference Call May 5, 2020 5:00 PM ET

Company Participants

Stacie Clements – Vice President-Investor Relations

Steven Boal – Chief Executive Officer

Pam Strayer – Chief Financial Officer

Conference Call Participants

Shweta Khajuria – RBC Capital Markets

Steven Frankel – Dougherty

Ralph Schackart – William Blair

Elliot Alper – D.A. Davidson

Nat Schindler – Bank of America


Welcome to the First Quarter 2020 Quotient Earnings Conference Call. During the call, all participants will be in a listen-only mode. After the presentation, we will conduction a question-and-answer session. [Operator instructions] As a reminder, this conference is being recorded and will be available for replay from the Investor Relations section on the Quotient’s website following this call. I would now like to turn the call over to Stacie Clements, Vice President of Investor Relations. Thank you.

Ms. Clements, you may begin.

Stacie Clements

Thank you, operator, and hello, everyone. Welcome to our first quarter 2020 earnings call. On the call with me today are the CEO, Steven Boal; and Pam Strayer, our CFO; and Scott Raskin, our President. The company’s stockholder letter has been posted on the IR section of our corporate website, investors.quotient.com, alongside our press release and earnings presentation.

In the interest of time, we have summarized the posted stockholder letter for today’s call and look forward to jumping into Q&A. Before we begin, please note that during this call, we will hear forward-looking statements. These forward-looking statements include projections for our second-quarter and full-year 2020, our ability to manage our business and liquidity and to capture marketing dollars during and after the COVID-19 pandemic, brands plans to rebook paused or delayed campaigns later in the year, growth in e-commerce, the importance of promotions to CPGs during recessionary periods, CPGs’ plans to reduce spending on FSIs, the effectiveness of our cost control measures and

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