Report
Ilya Kundozerov
EUR 147.86 For Business Accounts Only

F5 Networks Posts In Line Results as Product Revenues Continue to Decline

F5 Networks reported fiscal third-quarter 2016 results generally in line with our expectation. Tepid revenue growth was offset by improved expense control. F5 Networks is about to launch a new hardware refresh cycle, which the company hopes will lift sagging product sales. The company also remains committed to network security with a strong pipeline of standalone and cloud-based security offerings that have been released in the past 12 months. Notably, F5 also announced that longtime CEO John Mc...
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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