F5 Networks Announces Results for First Quarter of Fiscal 2016
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Piper Jaffray Cut Price Target on F5 Networks (FFIV) Following 1Q Earnings
January 21, 2016 8:25 AM ESTPiper Jaffray maintained a Neutral rating on F5 Networks (NASDAQ: FFIV), and cut the price target to $100.00 (from $123.00), following the company's 1Q earnings report. F5 reported respectable December quarter results, driven by stronger than expected service revenues and offset by product revenue, which continued to decline year/year. Revenues of $489.5 million increased 5.8%... More
Citi Upgrades F5 Networks (FFIV) to Neutral
January 21, 2016 7:11 AM ESTCiti upgraded F5 Networks (NASDAQ: FFIV) from Sell to Neutral.
For an analyst ratings summary and ratings history on F5 Networks click here. For more ratings news on F5 Networks click here.
Shares of F5 Networks closed at $90.02 yesterday.
... MoreBMO Capital Remains Sidelined After F5 Networks (FFIV) Reports 1Q Beat
January 21, 2016 7:04 AM ESTBMO Capital maintained a Market Perform rating on F5 Networks (NASDAQ: FFIV), and cut the price target to $93.00 (from $108.00), following the company's 1Q earnings report. Revenues and EPS of $489M and $1.73, came in above consensus estimates of $486M and $1.60. However, BMO remains concerned that the weak product sales could last longer than expected as new network architectures may be muting demand and... More
F5 Networks (FFIV) Tops Q1 EPS by 13c; Issues Light Q2 Outlook
January 20, 2016 4:06 PM ESTF5 Networks (NASDAQ: FFIV) reported Q1 EPS of $1.73, $0.13 better than the analyst estimate of $1.60. Revenue for the quarter came in at $489.5 million versus the consensus estimate of $485.51 million.
GUIDANCE:
F5 Networks sees Q2 2016 EPS of $1.61-$1.64, versus the consensus of... More
