Monday, January 23, 2012

Investopedia: F5 Networks On The Run Again

For all of the pessimism that seemed to be building about the outlook for tech in 2011, January's earnings reporting season seems to be swinging the market back to some degree of optimism. With a decent quarter in the books and management seeming pretty confident about the pipeline of new business, F5 Networks (Nasdaq:FFIV) looks as though it will enjoy yet another post-earnings run.

A Decent Start to the Fiscal Year  
F5 Networks reported fiscal first quarter earnings after the close on Wednesday and the results (and more importantly, the guidance) pleased the Street. Revenue rose 2% on a sequential basis (and 20% on an annual comparison). Product revenue was a little soft (down 0.5% sequentially), while software revenue climbed 7% and deferred revenue rose about 11%.


Read more here:
http://stocks.investopedia.com/stock-analysis/2012/F5-Networks-On-The-Run-Again-FFIV-RVBD-CTXS-CHKP0123.aspx

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