Q1 2020 F-Secure Oyj Earnings Call Transcript

Apr 30, 2020 / 11:00AM GMT
Samu Konttinen - F-Secure Oyj - President, CEO & MD

Hello, everyone, and welcome to F-Secure Interim Report of First Quarter of 2020. My name is Samu Konttinen, and I'm the CEO of F-Secure.

So to start off, I think we had a very solid quarter overall. So we are reasonably happy pretty much with all our business areas, and we are especially happy with improving profitability, reaching EBITDA margin of 13%. So obviously, the COVID-19 is something that is impacting, I would say, pretty much all industries and definitely impacting F-Secure as well. Although in the big picture, I believe that many of our business areas should be rather resilient in the special circumstances such as COVID-19, but it definitely is impacting F-Secure as well, and I'll talk about that a bit more throughout the presentation.

For Q1, our corporate security, which combines our endpoint security and endpoint detection and response product lines grew -- and also managed detection and response service grew 4%. Cybersecurity consulting grew 3%. The consumer business was roughly at the previous year's level, growing

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot