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A10 Networks, Inc.
5/9/2020
Good afternoon and welcome to the A-10 Network's first quarter 2020 financial results conference call. All participants will be in a listen-only mode. Should you need assistance, please signal on conference fresh list by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone keypad. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Rob Fink, FNKIR. Please go ahead.
Thank you, Operator, and thank you all for joining us today. As the Operator just mentioned, this call is being recorded and webcasted live and may be accessed for one year via the ATEN Networks website at atennetworks.com. Members of ATEN's management team joining me today are Drupad Trivedi, President and CEO, and Tom Santino, CFO. Before we begin, I would like to remind you that shortly after the market closed today, ATEN Networks issued a press release announcing its first quarter 2020 financial results. Additionally, ATEN published a presentation and supplemental trended financial information. You may access the press release presentation and trended financial statements on the investor relations section of the company's website. During the course of today's call, management will make forward-looking statements, including statements regarding their projections for future operating results, including its continued reductions in operating expenses, its continued efforts to improve operational efficiency, its focus on driving growth, business optimization, and overall profitability. It's the belief that they can contribute to build upon customer momentum going forward, their expectations regarding future opportunities and ability to execute on those opportunities, expectations for future market growth, and the general growth for its business, the development and performance of its products, and anticipated customer benefits from use of its products, expectations, and priorities with respect to 5G. These statements are based on current expectations and beliefs as of today, December 2020. These forward-looking statements involve a number of risks and uncertainties, some which are beyond the company's control, such as the potential impact of COVID-19, on its business and operations that could cause actual results to differ materially, and you should not rely on them as predictions of future results. A-10 does not intend to update the information contained in these forward-looking statements, whether as a result of new information, future events, or otherwise. For a more detailed description of these risks and uncertainties, please refer to the company's most recent 10-Q and 10-K. Please note that the exception of revenue Financial measures discussed today are on a non-GAAP basis and have been adjusted to exclude certain charges. The non-GAAP financial measures are intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP, and they may be different from non-GAAP financial measures presented by other companies. A reconciliation between GAAP and non-GAAP measures can be found in the press release issued today and on the trended quarterly financial statements posted on the company's website. The company will provide current expectations for operating expenses and gross margin for the second quarter of 2020 and operating expense trends for the full year on a non-GAAP basis. However, the company is unable to make available a reconciliation of non-GAAP guidance measures to course on the GAAP measures on a forward-looking basis due to the high variability and low visibility with respect to the charges, which are excluded from non-GAAP measures. With all that said, I'd now like to turn the call over to Drupad.
Drupad, the call is yours. Thank you, Rob, and thank you all for joining us today.
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