Tag Archives: ffiv

F5, Cash-Rich But Growth-Challenged: Takeover Target?

Cash-rich F5 Networks’ (FFIV) falling stock makes the data center gear maker an attractive takeover target, speculates RBC Capital in a research report. Seattle-based F5 is the leading maker of application delivery controllers (ADCs) — electronic boxes that direct data traffic to computer servers. Its stock is down 23% since July 31, when it touched an 11-month high — and near all-time high — of 135.20. F5 Networks stock was up more than 1% in

F5 Update Disappoints; Is It In ‘Purgatorial State’?

F5 Networks (FFIV) stock fell a day after the data-center gear maker’s updated revenue growth strategy at an investors day in New York left some analysts unimpressed. F5 Networks is the leading maker of application delivery controllers (ADCs), electronic boxes that direct data traffic to computer servers. Seattle-based F5 Networks’ revenue rose 8% in the September quarter, and some analysts question whether it will claw its way back to

F5 Networks’ Light Guidance, Sales Miss Hit Stock

F5 Networks (FFIV) plunged early Thursday after the company’s fiscal Q4 revenue missed expectations and it disappointed with its current-quarter guidance. Late Wednesday, Seattle-based F5 Networks said September-quarter EPS rose 17% to $1.84 per share, with revenue growing 8% to $501 million. Analysts polled by Thomson Reuters had modeled profit of $1.74 per share and $506.5 million in revenue. The maker of data center gear said it expects fiscal