F5 Inc (NAS:FFIV)

$ 250.35 0.28 (0.11%) Market Cap: 14.67 Bil Enterprise Value: 13.85 Bil PE Ratio: 26.19 PB Ratio: 4.65 GF Score: 86/100

F5 Networks Inc at Bank of America Global Technology Conference (Virtual) Transcript

Jun 08, 2021 / 05:45PM GMT

Release Date Price: $188.62 (+0.70%)

Transcript

Tal Liani

BofA Securities, Research Division - MD and Head of Technology Supersector

Great. Good afternoon, everyone. Thanks very much for joining us. Today, I'm hosting Francois Locoh-Donou, President and CEO of F5; as well as Frank Pelzer, EVP and CFO.

I prepared a list of questions. And as always, if you want to ask your question, please log into the Veracast system that you got a link through e-mail and just submit your question there, and I'll be very happy to deliver the message or deliver the question to management.

So with no further ado, I'd like to first start welcoming our guests, Francois and Frank, and ask the first question.

Questions & Answers

Tal Liani

BofA Securities, Research Division - MD and Head of Technology Supersector

And the first question is high level. Last year, you outlined for us the steps you're taking in order to move the company from an ADC business to an application infrastructure software business. Can you elaborate on what does it mean? Why is there a need to migrate the business from one, kind

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