BMO Capital Raises Price Target on F5 Networks (FFIV) to $125 Following 3Q Beat

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Go back to BMO Capital Raises Price Target on F5 Networks (FFIV) to $125 Following 3Q Beat

F5 Names Ben Gibson as Chief Marketing Officer

July 20, 2016 4:06 PM EDT

Business leader with 25 years of experience at Veritas, Aruba Networks, and Cisco Systems to head global marketing team

SEATTLE--(BUSINESS WIRE)-- F5 Networks (NASDAQ: FFIV), the global leader... More

F5 Networks Announces Results for Third Quarter of Fiscal 2016

July 20, 2016 4:06 PM EDT

SEATTLE--(BUSINESS WIRE)-- For the third quarter of fiscal 2016, F5 Networks, Inc. (NASDAQ: FFIV) announced revenue of $496.5 million, up 3 percent from $483.7 million in the prior quarter and 3 percent from $483.6 million in the third quarter of fiscal 2015.

GAAP net income was $91.8 million ($1.37 per diluted share), compared to $75.4 million ($1.11 per diluted share) in the prior quarter and $93.2 million ($1.29 per diluted share) in the third quarter a year ago.

Excluding the impact of stock-based compensation and amortization of purchased intangible assets, non-GAAP net income was $121.7 million ($1.81 per diluted share), compared to $114.0 million ($1.68 per diluted... More

REMINDER: F5 Announces Date for Q3 Earnings Conference Call

July 19, 2016 7:30 AM EDT

SEATTLE--(BUSINESS WIRE)-- F5 Networks (NASDAQ: FFIV) announced today that company management will host a conference call to... More