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: Gal Munda - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: So the first one is you've kind of touched a little bit on this trend that you've seen on the digital side. Specifically, you mentioned 30
new customers. You mentioned some competitive displacements. I guess I want to kind of -- if you zoom out a little bit and think
about what's really driving the growth between there between the competitive displacements and just a very, very healthy design
activity in terms of the market, could you help us understand that?
Question: Gal Munda - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: Got you. That's very helpful. And then maybe as a follow-up, Anirudh maybe for you or even John maybe. When I think about kind
of the way Q2 came in extremely strong, it enables you to kind of go above and beyond the beat in order to kind of raise the guidance
for the year. What gives you that confidence? Is it the fact that you weren't able to derive Q1 because of the fact that there's still a
lot of hardware tough comp from last year and stuff, but now you're kind of another 3 months in and seeing more of it? Or what's
behind kind of the same thing to be a little bit more keen to reflect the outperformance in the quarter and beyond in the guidance?
Question: Jackson Edmund Ader - JPMorgan Chase & Co, Research Division - Analyst
: Can we just touch on the subpoena that was disclosed in the 10-Q. So just from reading the language, it sounds like you received
this in February, and so I'm just curious why was it something that was disclosed in this quarter and not in the previous Q. And does
that -- what kind of risk or whether it's operationally or any kind of penalties does this really imply?
Question: Jackson Edmund Ader - JPMorgan Chase & Co, Research Division - Analyst
: Okay. Fair enough. And then on the hardware side, a lot those -- was it 15 new orders and 65 repeat orders of -- I'm sorry, of hardware
orders, how many of those were Z1, X1 versus Z2, X2 if we have that breakdown?
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