F5 Networks Inc Q2 2020 Earnings Call Summary - Thomson StreetEvents

F5 Networks Inc Q2 2020 Earnings Call Summary

F5 Networks Inc Q2 2020 Earnings Call Summary - Thomson StreetEvents
F5 Networks Inc Q2 2020 Earnings Call Summary
Published Apr 27, 2020
19 pages (11036 words) — Published Apr 27, 2020
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of FFIV.OQ earnings conference call or presentation 27-Apr-20 8:30pm GMT

  
Brief Excerpt:

...A. Highlights: Co.'s culture prioritizes humanness of all. 1. Co.'s first priority in a crisis is ensuring health and safety of employees, their families and communities. a. b. For most of March and April, Co.'s entire global team has been working remotely. 2. Beyond health and safety though, Co. has taken human-first approach to this crisis. That means supporting customers and each other however Co. can. a. b. Over last weeks, Co. has witnessed small and large acts of F5ers generosity, perseverance and creativity around the world. 3. Overall, Co. delivered a very strong 2Q20. 7% total revenue growth was driven by customer demand from reliable application access and performance and consistent application security. a. 4. Co.'s analysis shows COVID-19 had net neutral impact on business in the qtr. For first 2.5 months of 2Q20, experienced minimal disruption outside of Asia. a. b. Beginning in March, experienced accelerated activity in access and control solutions. c. Worked with customers...

  
Report Type:

Brief

Source:
Company:
F5 Networks Inc
Ticker
FFIV.OQ
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Joseph Lima Cardoso - JP Morgan Chase & Co, Research Division - Analyst : This is Joe Cardoso on for Samik Chatterjee. Just 2 quick questions here. One is, I just was curious to see if there was any correlation relative to the deals that you guys highlighted that were pushed in and pushed out or brought in and pushed out? And then relative to your gross margin, and I understand this might be a little nitpicky, but came in towards the low end of your guide. I just was wondering if there was any incremental pressure that you guys saw there relative to 90 days ago when you guys gave the original guide. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. APRIL 27, 2020 / 8:30PM, FFIV - Q2 2020 F5 Networks Inc Earnings Call


Question: Joseph Lima Cardoso - JP Morgan Chase & Co, Research Division - Analyst : Yes. Sure. So you guys highlighted that during the quarter you saw some deals be brought in and some deals pushed out relative to the COVID-19, net-net, you guys didn't see an impact much on the COVID. So I was just wondering if there was any correlation relative to the different deals that you saw get pushed out and then brought into the quarter if there's any correlation between them, e.g., like did you guys see hardware deals get pushed out.

Table Of Contents

F5 Networks Inc at Citi Global Technology Conference (Virtual) Transcript – 2020-09-09 – US$ 54.00 – Edited Transcript of FFIV.OQ presentation 9-Sep-20 5:30pm GMT

F5 Networks Inc at KeyBanc Capital Markets Future of Technology Series (Virtual) Transcript – 2020-08-18 – US$ 54.00 – Edited Transcript of FFIV.OQ presentation 18-Aug-20 5:20pm GMT

F5 Networks Inc Q3 2020 Earnings Call Summary – 2020-07-27 – US$ 54.00 – Edited Brief of FFIV.OQ earnings conference call or presentation 27-Jul-20 8:30pm GMT

F5 Networks Inc Q3 2020 Earnings Call Transcript – 2020-07-27 – US$ 54.00 – Edited Transcript of FFIV.OQ earnings conference call or presentation 27-Jul-20 8:30pm GMT

F5 Networks Inc Q2 2020 Earnings Call Transcript – 2020-04-27 – US$ 54.00 – Edited Transcript of FFIV.OQ earnings conference call or presentation 27-Apr-20 8:30pm GMT

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MLA:
Thomson StreetEvents. "F5 Networks Inc Q2 2020 Earnings Call Summary" Apr 27, 2020. Alacra Store. May 25, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-F5-Networks-Inc-Earnings-Call-B13103831>
  
APA:
Thomson StreetEvents. (2020). F5 Networks Inc Q2 2020 Earnings Call Summary Apr 27, 2020. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-F5-Networks-Inc-Earnings-Call-B13103831>
  
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