Software AG (OTCPK:SWDAF)
$ 38.45 -0.385 (-0.99%) Market Cap: 2.84 Bil Enterprise Value: 3.07 Bil PE Ratio: 0 PB Ratio: 1.90 GF Score: 33/100

First Consolidation of Preliminary Q3 2020 Software AG Earnings Update Call Transcript

Oct 21, 2020 / 07:30AM GMT
Release Date Price: $42.18
Operator

Ladies and gentlemen, thank you for standing by. I'm Haley, your Chorus Call operator. Welcome, and thank you for joining the Software AG Financial Results Q3 2020 Conference Call. (Operator Instructions)

I would now like to turn the conference over to Otmar Winzig, Head of Investor Relations. Please go ahead.

Otmar F. Winzig
Software Aktiengesellschaft - Senior VP & Head of IR

Thank you. Good morning, ladies and gentlemen. Welcome to Software AG's telephone conference and webcast on our first update on preliminary Q3 and 9-month results.

This call is going to be a bit different from our regular quarterly calls. We have been subject to a malware attack on our internal systems, which has delayed the consolidation of our Q3 results. However, we were able to aggregate the numbers from our sales system. In the following 30 minutes, our CEO, Sanjay Brahmawar; and our CFO, Dr. Matthias Heiden, will present the quarter key financials and the business update.

In addition, we will provide a short description of the malware attack. As

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