Report
Ilya Kundozerov
EUR 147.86 For Business Accounts Only

F5 Investor Day Confirms Company’s Focus on Large Customers; Cloud-Native ADCs Remain a Headwind

We came away from F5’s investor day confident in its ability to find new markets and revenue sources. F5 launched a new hardware refresh cycle in 2016 (the iSeries family of products), which we believe should re-energize sluggish product revenue growth in the short term. We are also positive about firm’s push into the network security business, although the competitive pressure is high in this market. Overall, however, F5’s core application delivery controller business will suffer as workloads m...
Underlying
F5 Networks Inc.

F5 Networks is a provider of multi-cloud application services, which enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud. The company's application services are available as cloud-based, software-as-a-service, and software-only solutions supported for multi-cloud environments. In connection with its solutions, the company provides a range of services, including consulting, training, installation, maintenance, and other technical support services. The company's products and solutions include hardware platforms, software and software-as-a-service platforms, cloud-based managed services, and service provider solutions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ilya Kundozerov

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