Tufin Software Technologies Ltd. (NYSE:TUFN) Q2 2020 Earnings Conference Call - Final Transcript

Aug 12, 2020 • 08:30 am ET

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Tufin Software Technologies Ltd. (NYSE:TUFN) Q2 2020 Earnings Conference Call - Final Transcript

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Presentation
Executive
Jack Wakileh

normalize over time.

With that, I'll turn the call back to Ruvi for his closing comments. Ruvi?

Executive
Ruvi Kitov

Thanks, Jack. I'd like to wrap up by saying that I'm pleased with the progress we made in the second quarter as we began to recover from the significant impact that COVID-19 has had on our business. We believe that the overall economic environment remains fragile in the near term and we're cautious as to whether the spread of COVID-19 may lead to additional disruptions.

With that said, looking at our own business, we are focused on the work we need to do to propel Tufin along the path to recovery and I remain confident in the long-term opportunity ahead of us. The Tufin Orchestration Suite helps the organization's increase agility by automating network change processes, while improving security posture at the same time. And now we're hearing directly from customers that the increased efficiency and security that we deliver has only become more important in the COVID-19 era.

Our competitive advantages, strong balance sheet, and experienced management team put us in a better position to capitalize on the long-term opportunity that we see ahead. I'd like to thank our customers, our partners, and our investors for their support and I'd like to thank all of the Tufin employees for their hard work at this time.

Now, let's open the line for questions. Operator?