0
General

F5 Networks lifts revenues 7% in Q2, cautious for Q3

Tuesday 28 April 2020 | 10:08 CET | News
F5 Networks said results for its second quarter to end March went from in line to higher than forecast, helped by increased demand from customers for remote access capabilities as well as the takeover of Shape Security. CEO Francois Locoh-Donou said demand was strong in the quarter for the company's software and subscription-based offerings. The company is nevertheless taking a cautious stance for the future, and guiding for a sequentially lower fiscal third quarter. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: F5 Networks
Countries: World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

F5 revenues lift 11% in Q2, fueled by accelerating demand for applications

Published 28 Apr 2021 09:16 CET | World
F5 Networks reported better-than-forecast adjusted earnings for its second quarter to end March, with results pushed higher by ...

Elliott Management takes stake in F5 Networks - report

Published 09 Nov 2020 10:52 CET | World
US investment fund investor Elliott Management has bought a stake in F5 Networks, and has contacted the company's management to ...

F5 Networks unveils Silverline Shape Defense security platform

Published 08 Jul 2020 12:11 CET | World
F5 Networks unveiled Silverline Shape Defense, a security platform that's designed to protect websites from the rising tide of ...

F5 adds PoP in India, launches Silverline offerings for APAC customers

Published 20 Apr 2020 10:40 CET | India
F5 has opened a regional point of presence (PoP) in India. F5 has also expanded its Silverline managed security services for ...

F5 adds Shivananda to BoD

Published 08 Apr 2020 11:09 CET | World
F5 Networks appointed Sri Shivananda to its board of directors. Shivananda brings a strong leadership background to F5's board, ...

F5 expands Silverline managed security services, opens PoP in Hong Kong

Published 25 Feb 2020 08:45 CET | Hong Kong
F5 Networks has expanded its managed services offering by opening a regional Point of Presence (PoP) in Hong Kong. Following the ...

F5 Networks releases NGINX controller

Published 28 Jan 2020 10:24 CET | World
F5 Networks introduced NGINX Controller 3.0, a cloud-native application delivery platform to help organisations increase business ...

F5 Networks records 5% revenue growth in December quarter

Published 28 Jan 2020 10:21 CET | World
F5 Networks reported revenues for its fiscal first quarter to December of USD 569.3 million, up 5 percent from a year earlier, ...

F5 buys fraud prevention specialist Shape Security for USD 1 bln

Published 20 Dec 2019 09:07 CET | World
F5 Networks has agreed to acquire fraud prevention specialist Shape Security for USD 1 billion, subject to certain adjustments. ...

F5 inks multi-year cooperation deal with AWS amid mixed Q4

Published 24 Oct 2019 14:04 CET | World
F5 Networks delivered higher-than-expected revenues for its fiscal fourth quarter, boosted by stronger software sales, but profit ...

F5 adds PoP in Australia, to open PoP in Hong Kong in 2020

Published 16 Oct 2019 09:15 CET | Australia
F5 Networks has opened a regional point of presence (PoP) in Sydney, Australia, as part of its expansion strategy to deploy PoPs ...

F5 networks appoints regional VP of sales for Middle East and Africa

Published 02 Oct 2019 11:07 CET | Africa
F5 networks has announced the appointment of Mohammed Abukhater as vice president of sales for the Middle East and Africa region. ...

F5 launches Unity+ Channel Partner Program

Published 17 Sep 2019 15:50 CET | World
The Unity+ partner programme gives existing and new partners a clear path to success in serving their customers with F5's best in ...

F5 Networks revenues up 4% to USD 563 mln in June quarter

Published 25 Jul 2019 09:43 CET | World
F5 Networks reported revenues for its fiscal quarter to 30 June up 4 percent year-on-year to USD 563.4 million, driven by total ...

F5 expands presence in India with new Center of Excellence

Published 16 May 2019 13:22 CET | India
US-based F5 Networks officially inaugurated a new Center of Excellence (CoE) for Product Development in HITEC City, Hyderabad, ...

F5 welcomes new marketing, technology executives

Published 07 May 2019 16:27 CET | World
US-based company F5 Networks appointed two new executive vice presidents to its leadership team to oversee the company's ...

F5 Networks revenues up 2% to USD 544.9 mln in March quarter

Published 25 Apr 2019 11:13 CET | World
F5 Networks reported revenues in the fiscal quarter to 31 March up 2 percent to USD 544.9 million driven by software products ...

F5 expands F5 Cloud portfolio with new cloud services

Published 28 Mar 2019 09:02 CET | World
F5 Networks extended its F5 Cloud portfolio with a new delivery model that leverages the AWS SaaS Enablement Framework for its ...





Calendar   /   Industry Events

02 Aug Arista Networks Q2
02 Aug Ceragon Networks Q2
02 Aug SBA Communications Q2
02 Aug NXP Semiconductors Q2
02 Aug DSP Group Q2 2021
02 Aug ON Semiconductor Q2
02 Aug Harmonic Q2
02 Aug DZS Q2
03 Aug Alibaba Q2 2021
03 Aug NeoPhotonics Q2 2021
03 Aug Infinera Q3 2021
03 Aug Akamai Technologies Q2 2021
03 Aug RingCentral Q2 2021
03 Aug Sequans Q2 2021
03 Aug Bredband2 Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug Intred Q2 2021
04 Aug Digi International fiscal Q3
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug 8x8 fiscal Q1
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Roku Q2 2021
05 Aug Motorola Solutions Q2
05 Aug Frontier Communications investors meeting
::: More Calendar Items