Spirent Communications PLC (FRA:BW8)

€ 2.16 0 (0%) Market Cap: 1.24 Bil Enterprise Value: 1.16 Bil PE Ratio: 54.03 PB Ratio: 3.54 GF Score: 83/100

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Aug 06, 2020 / 11:30AM GMT

Release Date Price: €3.04 (-2.09%)

Transcript

Eric Updyke

Spirent Communications plc - CEO & Director

Welcome to the Spirent Communications plc 2020 Half Year Results Presentation. I'm Eric Updyke, CEO; and I'm joined by Paula Bell, CFO.

Please note the contents of the safe harbor statement.

I'm delighted to announce we had a very strong H1 despite the global crisis. We had excellent operational execution as our resilient business model enabled continued revenue growth, and all of our key financial metrics show positive trends, including 7% growth in revenue and a significant increase in earnings. We managed the COVID-19 crisis very well. Our supply chain remains strong during the challenging global circumstances. I'd like to thank the entire team for their dedication during this period. They continued to fulfill customer demand and innovated through unprecedented times.

We had strong momentum from our key drivers, including 5G, 400G high-speed Ethernet and Service Assurance in both lab and live networks. Cross-company solutions and services are key focus areas as we move forward. Overall, you'll see that we are

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