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https://www.fool.com/earnings/call-transcripts/2020/05/29/zagg-inc-zagg-q1-2020-earnings-call-transcript.aspx?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

Zagg Inc (ZAGG) Q1 2020 Earnings Call Transcript

2020-05-29 00:00:00, Motley Fool Transcribers, The Motley Fool

Content Categorization
/Business & Industrial

Word Count:
5545

Words/Sentence:
21

Reading Time:
36.97 min

Reading Quality:
Adept

Readability:
13th to 15th

Media Sentiment
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PESTEL Scope
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Entity Word Cloud
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Auto Summary
Condensing key features of the article based on salience analysis. Helpful for “gisting” the article in a time crunch.

I'm extremely proud of how well the ZAGG team has responded to the unique set of challenges created by the pandemic, and I want to personally thank everyone for their commitment and dedication you've shown to the Company during these unprecedented times.

After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and ZAGG Inc wasn't one of them!

As a result of all of these actions, we expect 2020 year-to-date gross margins to improve throughout the year, though we'll see some pressure in the next few quarters compared to the historical average of mid 30s as we sell through our excess inventory.

Prepared Remarks:

OperatorGood afternoon, ladies and gentlemen, and welcome to the ZAGG First Quarter 2020 Earnings Conference Call.

Due to the impacts stay at home orders are having on retail demand worldwide and the limited visibility of when and where they will be lifted and subsequent customer demand, we withdrew our 2020 annual guidance in April.

Keywords
Default Partners, MSN, usmf-other, Yahoo News

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