Networking

03:21 PM
Connect Directly
RSS
E-Mail
50%
50%

F5 Announces Record Earnings

Revenue for fourth quarter is up 59 percent over a year ago.

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.

Comment  | 
Print  | 
More Insights
Cartoon
Hot Topics
7
VMware NSX Banks On Security
Marcia Savage, Managing Editor, Network Computing,  8/28/2014
5
How To Survive In Networking
Susan Fogarty, Editor in Chief,  8/28/2014
White Papers
Register for Network Computing Newsletters
Current Issue
2014 Private Cloud Survey
2014 Private Cloud Survey
Respondents are on a roll: 53% brought their private clouds from concept to production in less than one year, and 60% ­extend their clouds across multiple datacenters. But expertise is scarce, with 51% saying acquiring skilled employees is a roadblock.
Video
Slideshows
Twitter Feed