Spirent Communications PLC (LSE:SPT)
£ 1.699 0.005 (0.3%) Market Cap: 971.57 Mil Enterprise Value: 885.39 Mil PE Ratio: 94.39 PB Ratio: 3.30 GF Score: 78/100

Half Year 2021 Spirent Communications plc Earnings Call Transcript

Aug 05, 2021 / 11:30AM GMT
Release Date Price: £2.59 (+1.73%)
Eric Updyke
Spirent Communications plc - CEO & Director

Hello and welcome to Spirent's First Half 2021 Results. Please take note of our safe harbor statement.

To begin, I'd like to refresh you on our strategy as laid out at our Capital Markets Day last October. Our ambition is to be the global leader and trusted partner for innovative technology test and assurance solutions. We focus our strategy on 3 key pillars: customer-centricity, innovation for growth and operational excellence.

This slide summarizes our overall strategic direction. On the left side of the slide, you'll see old Spirent of yesterday, where we sold mostly products and hardware to primarily service providers and network equipment manufacturers. We led in the lab, and our presence in assurance was mostly in network service assurance.

By executing on our strategic pillars, we are well on the way to the Spirent of tomorrow on the right-hand side. We continue to offer market-leading products and hardware, but we are increasing our solutions, services and software. We continue to sell to the key markets of

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