F5 Networks Inc Q2 2021 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Great. Frantois, I just wanted to first start off with the implications of the reprioritization of spending that we're talking about towards a bit more systems, but you also talked about the 5G spend. Now as you put both of those together and think about longer term, is the outlook still for systems to decline in that mid-single-digit range? Or does -- some of this reprioritization, the increase in 5G, does that change overall how you think longer term about systems? And I have follow-up.

Question: Samik Chatterjee - JPMorgan Chase & Co, Research Division - Analyst : Okay, got it. Frantois, just as a follow-up, looking at the growth trends across the different geographies, I'm just trying to get a better sense of the variability we are seeing. Like Americas was a strong-growth -- strongest-growth geography for you last quarter. It's moderated significantly in terms of the growth rate while still growing, whereas EMEA and APAC are driving the growth this quarter. Is it like something on the ground that's impacting it in terms of like sales force, et cetera? Like what's really driving that amount of variability in the performance by geography? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 27, 2021 / 8:30PM, FFIV.OQ - Q2 2021 F5 Networks Inc Earnings Call