Earnings on networks, AMC Networks Sees Q3 Profit Drop After Revenue Slump at U.S. Networks - Variety
Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by.
Stan Kovler, you may begin. Welcome to the Extreme Networks first fiscal quarter earnings conference call. I'm Stan Kovler, vice president of corporate strategy and investor relations.
We just distributed a press release and filed an 8-K detailing Extreme Networks' financial results earnings on networks the quarter. For your convenience, a copy of the press release, which includes our GAAP to non-GAAP reconciliations and our financial results presentation, are both available in the investor relations section of our website at extremenetworks. I would like to remind you that during today's call, our discussion may include forward-looking statements about Extreme Networks' future business, financial and operational results, growth expectations and strategies, the impact of COVID pandemic, acquired technologies, products and new product introductions, operations, pricing, changes to our supply chain the impact of tariffs, acquisition and integration of Aerohive Networks and digital transformation initiatives.
We caution you not to put undue reliance on these forward-looking statements as localbitcoins does not enter involve risks and uncertainties earnings on networks could cause actual results to differ materially from those anticipated by these statements as described in our risk factors in our K report for the period ending June 30,filed with the SEC.
Any forward-looking statements made on this call reflect our analysis as of today.
Palo Alto Networks CEO Nikesh Arora on earnings and growth
And we have no plans or duty to update them, except as required by law. I also wanted to make you aware that beginning with our first quarter of fiscalwe are changing how we calculate our non-GAAP provision for income taxes in accordance with the SEC guidance on non-GAAP financial measures compliance and disclosure interpretation. We have adjusted the fiscal non-GAAP tax provision, and the impact on EPS for all 4 quarters of fiscal is provided in our investor relations deck on our website on Page There earnings on networks no impact to the cash flow of the company.
Our Q1 results marked the second straight quarter of sequential growth and reflects continued improvements in customer demand and our team's execution. We achieved this despite Q1 typically being a seasonally weaker quarter. We're seeing customers accelerate their migration to ExtremeCloud IQ.
ANET earnings call for the period ending September 30, 2020.
Daily traffic in our cloud grew from three petabytes per day in Q4 to five petabytes per day in Q1. Momentum continues to build as evidenced by the numbers. People are always surprised to learn that it's Extreme Networks that supports the critical infrastructure vital to the fabric of our daily lives, and this was the driving force to find our ability to overcome the challenges.
These customers all rely on Extreme for their mission-critical infrastructure. And we recently won Major League Earnings on networks, a big win against our largest competitor. This is the beginning earnings on networks a long-term relationship with MLB, where you will begin to notice Extreme in all ballparks in the future.
You can put a stamp on the fact that Extreme is clearly playing in the major leagues. We also took important actions to streamline our go-to-market organization to better support both large strategic customer accounts, as well as our smaller enterprise customers working with newly formed field teams tightly aligned with partners.
EXTR earnings call for the period ending September 30, 2020.
At the same time, we've streamlined our engineering organization to drive feature velocity and deliver what we call our universal experience. Both of these actions are allowing us to drive greater efficiencies and higher productivity. It's an exciting time to be in networking. If there's anything we've learned over the past seven months, it's that networking has never been more critical or strategic.
And we're in the dawn of a new area where data is king, and this bodes well for Extreme. Today's networks are much more complex with multiple applications running across hybrid environments and data being stored in multi-cloud environments, earnings on networks proliferation of edge devices and distributed architectures, it's about intelligence and insights into customers, employees, connected devices, network and application performance.
Today, more than ever before, it's about data, data from the network that can be used to drive improved business outcomes in ways that were never contemplated when Extreme developed the very first gigabit Ethernet switch nearly 25 years ago.
So here we are at another one of those inflection points in the networking industry that creates a significant new opportunity for all players. At Extreme, we're committed to winning with what we're calling effortless networking. And this is about bringing simplicity to complexity, enabling our customers to do more with less by leveraging data and automation. And how are we doing this? There are three main tenets of effortless: the user experience, the buying experience, and the selling and go-to-market experience.
Arista Networks soars on strong earnings beat - SiliconANGLE
Our strategy and our operating plan is to make all of these easy. As far as user experience, we're aggressively investing in end-to-end innovative solutions from our core fabric technology to our wired and wireless edge applications, all running on universal hardware that can be managed from a single cloud.
And from the cloud, we bring simplicity, complete visibility of the entire network and the intelligence and insights that come with unlimited data, machine learning and cloud choice. As for the buying experience, our universal hardware platforms will become available in the middle of this quarter. These platforms provide simpler configurations that support choice of our use cases and multiple OSs, fewer SKUs to manage and earnings on networks customers to have maximum flexibility to change their network configuration.
- That along would be enough to boost spirits, but better yet, there is also a perception that the markets are going to drive higher in the new year.
- Income 2020 internet
As for the selling and go-to-market experience, our universal platforms will come with ExtremeCloud IQ licenses for connectivity to cloud management out of the box. Our customers can still leverage the power of our XMC on-prem software and add additional capabilities from the cloud innovation we bring. Our cloud strategy is not about rip and replace. It brings total cost of ownership savings to customers with this one enterprise, one network, one cloud approach.
We're offering more earnings on networks in cloud IQ than any other provider in the industry, with machine learning and artificial intelligence tools, analytics, air defense security, location-ing, all-in-one license. We added an unmatched number of applications into our ExtremeCloud IQ license at no additional cost. So this too will significantly reduce the total cost of ownership for our customers and provide us with a competitive advantage by exposing the hidden cost of our competitor solutions.
And our licensing model is truly unique in the industry as we are the only one to offer easy-to-use, poolable and transferable license at a single price for all networking elements, whether it's an access point or a core switch. Through our LEAP program, we're offering flexible payment structures where customers combine with traditional capex or opex models. And from our own digital transformation perspective, our newly launched channel self-service platform got off to an excellent start and momentum is accelerating.
- Мидж, он же заместитель директора, - застонал Бринкерхофф.
- Exchange and how money is made on it
- Binary options trading strategies 60
- Cci binary options strategy
- ГЛАВА 33 Токуген Нуматака смотрел в окно и ходил по кабинету взад-вперед как зверь в клетке.
- The most paid internet income, tell me how to make money
- Arista Networks stock rallies on earnings, outlook beat - MarketWatch
This program offers volume-based promotions to enable zero touch discounts to our distributors and partners. It's making it easier to drive our long tail business and is giving time back to our field to build pipeline and develop new opportunities.
As we head into our 25th year, there is yet again another inflection point in networking.
It's the earnings on networks of data, it's creating new opportunities for all of us, and there's never been a better time to take advantage of being an Extreme customer. We continue to expect a gradual recovery from COVID to progress throughout fiscal service binary options and see good growth in our funnel of opportunities.
Extreme is emerging from all of this as a stronger and a much more competitive company. The strong quarter-over-quarter recovery in our bottom line was once again the result of higher revenue combined with continued control over our cost and expenses. Revenue associated with newly introduced products grew quarter over quarter, while our orders for universal hardware platforms scheduled to ship in mid-calendar Q4 continue to ramp.
Demand is currently outstripping supply for the new universal platforms. Our total services book-to-bill ratio was 1.
- Prepared Remarks: Operator Welcome to the third-quarter Arista Networks financial results earnings conference call.
- Binary options strategy three signals
During the quarter, the Americas contributed From a verticals perspective, we saw sustained demand in government and education, particularly in higher ed, a strong recovery in manufacturing, both on a year over year and quarter-over-quarter basis, and finally a sequential recovery in retail and transportation and logistics.
Demand remained muted in healthcare and service provider in communications in Q1.
While sports and entertainment revenue remain low, consistent with the past two quarters, the prospect of fans returning to stadiums and our recent win with MLB make us optimistic about a recovery for this vertical in the second half of FY '