Needham & Company Downgrades F5 Networks (FFIV) to Hold

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Go back to Needham & Company Downgrades F5 Networks (FFIV) to Hold

F5 Networks Announces Fourth Quarter and Fiscal 2015 Results

October 28, 2015 4:05 PM EDT

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced revenue of $501.3 million for the fourth quarter of fiscal year 2015, up 4 percent from $483.6 million in the prior quarter and 8 percent from $465.3 million in the fourth quarter of fiscal year 2014. For fiscal year 2015, revenue was $1.92 billion, up 11 percent from $1.73 billion last year.

GAAP net income for the fourth quarter was $97.0 million ($1.36 per diluted share) compared to $93.2 million ($1.29 per diluted share) in the third quarter of 2015 and $94.0 million ($1.26 per diluted share) in the fourth quarter a year ago. GAAP net income for the year was $365.0 million ($5.03... More