F5, Inc. (FFIV) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, FFIV's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross." A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-d ...

Have you evaluated the performance of F5 Networks' (FFIV) international operations for the quarter ending June 2024? Given the extensive global presence of this computer networking company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of grow ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value FFIV NASDAQ Global Select Market Emerging Growth Company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transitio ...

F5's revenues of $695 million for the fiscal third quarter surpassed the consensus mark of $686.6 million but declined 1.1% on a year-over-year basis. Revenues came at the higher end of the company's guidance range of $675-$695 million. The company's fiscal third-quarter GAAP operating expenses declined 13.4% to $396 million, while nonGAAP operating expenses marginally declined from $346 million registered in the year-ago quarter to $345.5 million in the third quarter of fiscal 2024. F5, Inc. (FFIV) was tra ...

E ■ I H i Thomas Barwick Investment Thesis F5 (NASDAQ:FFIV) positively surprised investors with its fiscal Q4 guidance, which saw its share price increase by around 12% premarket. Undoubtedly, there's a lot to like here. You have a debt-free business, with more than 8% of its market cap made up of cash. On top of that, I estimate this stock to be priced at around 10x next year's operating profits. And finally, and best of all, I believe that F5 will grow next year by mid-single digits, which is higher than ...

Now clearly, you put up a very strong software number this quarter. And I'm wondering if this is either despite what's happening with the VMware pricing or if there's some other explanation and maybe this number would be even better if not for that. Great. And then just as a follow-up. In terms of the way you're envisioning your opportunities with enterprise adoption of AI, would you expect that your opportunity would be correlated to essentially traditional server sales? And I'm presuming that really in th ...

Software revenue mix % of total product bookings $677 $797 $823 $903 $935 $13 $6 $3 $1 $1 $6 $5 $6 $6 $7 $0 $250 $500 $750 $1,000 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 $696 $808 $832 $ in millions $910 $943 $100 $500 $500 $350 $400 $0 $100 $200 $300 $400 $500 $600 FY20 FY21 FY22 FY23 FY24YTD 50% of annual FCF 77% of FY24 YTD free cash* flow used toward repurchases Committed buyback level FY21 – FY23 Colocation The non-GAAP adjustments, and F5's basis for excluding them from non-GAAP financial measures, are out ...

The first trading day of the week was flat. It didn't look like it was starting out that way, with pre-market futures well into the green — continuing Friday's rally for the full trading day. But around lunchtime, three of the four major indices went to zero and the small-cap Russell 2000 sank below it and never recovered. The Dow was down -0.12% today, while the S&P 500 and Nasdaq were up +0.08% and +0.07%, respectively. The Russell dove -1.02% by the closing bell. We're now getting to a key point in the F ...

F5 shares have lost about 0.9% since the beginning of the year versus the S&P 500's gain of 14.5%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. This quarterly report represents an earnings surprise of 13.13%. A quarter ago, it was expected that this computer networ ...

Third quarter fiscal year 2024 revenue totaled $695 million, compared with $703 million in the third quarter of fiscal year 2023. Software revenue of $179 million grew 3% from the year-ago period. Systems revenue of $130 million represented a decline of 16% from the prior year. Global services revenue of $387 million grew 3% from the year-ago period. GAAP gross profit for the third quarter of fiscal year 2024 was $559 million, representing GAAP gross margin of 80.4%. This compares with GAAP gross profit of ...