F5 Networks yesterday announced revenue of $50.2 million for the fourth quarter of fiscal 2004, up 14 percent from $44.2 million in the prior quarter and up 59 percent from $31.6 million in the fourth quarter of fiscal 2003.
Fourth quarter net income was $15.8 million compared to net income of $7.4 million in the third quarter and net income of $1.4 million in the fourth quarter a year ago. For fiscal 2004, the company reported record annual revenue of $171.2, up 48 percent from $115.9 million in fiscal 2003.
F5 president and chief executive officer John McAdam attributed his company's record quarterly revenue to strength in its core business of hardware-based load balancing and application traffic management, and solid demand for its security products.
Subsea cable alternatives can provide a level of comfort for those concerned about disruptions. Realistically, they will continue to play a small, but critical role in the short term.
Maintaining existing network infrastructures often incurs huge technical debt before newer technologies are adopted over time.
Amid ongoing regional uncertainties, telecom infrastructure in the Middle East has expand to include terrestrial low-latency network infrastructure, which offers resilience and agility in navigating political complexities without relying solely on undersea networks.
