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CDW Corporation (CDW) Q3 2023 Earnings Call Transcript

CDW Corporation (NASDAQ:CDW) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET

Company Participants

Steve O’Brien – Investor Relations

Chris Leahy – Chair & Chief Executive Officer

Al Miralles – Chief Financial Officer

Conference Call Participants

Samik Chatterjee – JPMorgan

Erik Woodring – Morgan Stanley

David Vogt – UBS

Amit Daryanani – Evercore ISI

Matt Sheerin – Stifel

George Wang – Barclays

Ruplu Bhattacharya – Bank of America

Adam Tindle – Raymond James

Operator

Hello, everybody, and welcome to CDW Third Quarter 2023 Earnings Call. My name is Sam, and I’ll be coordinating your call. [Operator Instructions]

I’ll now hand you over to your host Steve O’Brien with CDW, Investor Relations to begin. So, Steve, over to you.

Steve O’Brien

Thank you, Sam. Good morning, everyone. Joining me today to review our third quarter 2023 results are Chris Leahy, our Chair and Chief Executive Officer; and Al Miralles, our Chief Financial Officer. Our third quarter earnings release was distributed this morning and is available on our website, investor.cdw.com, along with the supplemental slides that you can use to follow along during the call.

I’d like to remind you that certain comments made in this presentation are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. Those statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Additional information concerning these risks and uncertainties is contained in the earnings release and Form 8-K we furnished to the SEC today and in the company’s other filings with the SEC. CDW assumes no obligation to update the information presented during this webcast.

Our presentation also includes certain non-GAAP financial measures, including non-GAAP operating income, non-GAAP operating income margin, non-GAAP net income and non-GAAP earnings per share. All non-GAAP measures have been reconciled to the

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