Spirent Communications PLC (FRA:BW8)

€ 2.12 0 (0%) Market Cap: 1.23 Bil Enterprise Value: 1.15 Bil PE Ratio: 53.74 PB Ratio: 3.52 GF Score: 85/100

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Full Year 2020 Spirent Communications plc Earnings Call Transcript

Mar 11, 2021 / 12:30PM GMT

Release Date Price: €2.76 (+0.73%)

Transcript

Eric Updyke

Spirent Communications plc - CEO & Director

Good morning, everyone. I'm Eric Updyke, CEO of Spirent. Before we get started, please take a moment to review our safe harbor statement.

Thank you for joining us today to hear our update at the end of a very unusual year where we've been challenged in unique ways, but one where the importance of connectivity has never been more apparent. I'm pleased to announce a strong set of earnings numbers, which provide further evidence that our strategy is working.

As a quick overview of Spirent business, here are some key points about our strategy as reviewed at our Capital Markets Day last October. We have strong enduring market drivers and are proud of the technical leadership positions we hold. Among our growth drivers, 5G and Lifecycle Service Assurance contributed the most momentum last year. Our solutions and services portfolio are expanding our leadership positions, enabling us to solve bigger problems for our customers and decreasing our cyclicality.

We are focused on sustainable, profitable growth and on investing

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