Report
Ilya Kundozerov
EUR 101.80 For Business Accounts Only

F5 Reports in Line Quarter; Announces Several Management Changes; Maintain $117 FVE

F5 started fiscal 2018 with okay performance, as an expected decline in product revenue was offset by solid growth in the services segment. The biggest news was the announcement of four new executives as F5 shakes up its executive team. Management’s second-quarter outlook doesn’t bring any surprises as the company continues to face headwinds with on-premise hardware refresh cycle. While F5 continues to deliver improvements of its existing products and brings new ways to consume its offerings, we...
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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