TMICF - Trend Micro Incorporated (TMICY) Q1 2024 Earnings Call Transcript
2024-05-11 12:22:01 ET
Trend Micro Incorporated (TMICY)
Q1 2024 Earnings Conference Call
May 08, 2024, 03:00 AM ET
Company Participants
Mahendra Negi - CFO and Representative Director
Kevin Simzer - COO
Akihiko Omikawa - Director and EVP
Conference Call Participants
Satoru Kikuchi - SMBC Nikko Securities
Presentation
Unidentified Company Representative
So, I would like to get started over Trend Micro's Q1 Results for FY 2024. So today, we have Mahendra Negi, CFO and Representative Director; and also Kevin Simzer, COO; and Akihiko Omikawa, Director and EVP. Kevin will be speaking through the video. And at the end of the session, I would like to kindly ask you to fill out some questionnaires. Also some of the question we would like to get your feedback on the IR Day that we scheduled to hold this year.
So without further ado, I'd like to hand over to Mahendra Negi to go through our Q1 results. Mr. Negi, please share the screen. Yes, thank you. Can you see the presentation?
Mahendra Negi
So just a summary of the Q1 results. Our revenue grew by 12%. OP grew by 27%. We were able to achieve double-digit growth for revenue and profit. Later, Kevin will offer you more details. And I will just give you the highlights.
As looking at the sales growth, the enterprise revenue improved last year. In Q4, the growth rate slowed down. So there were some concerns around that. But from this fiscal year, we have started to see some improvement. And also for the North American business, the enterprise business is growing by double-digit...
Trend Micro Incorporated (TMICY) Q1 2024 Earnings Call Transcript