0
General

F5 to return USD 1 billion to investors, among other goals

Monday 9 November 2020 | 16:11 CET | News
F5 Networks said it will be presenting new long-term targets and talking about returing to investors during its upcoming analyst and investor meeting for 18 November. F5 said its software transformation was well ahead of schedule, that it was growing its recurring revenue base and that it expects to deliver attractive shareholder returns, including a commitment to double-digit adjusted growth for earnings per share. This growth will be faster than adjusted operating expenses, CEO Francois Locoh-Donou said.

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 ...

F5 Networks revenues jump 10% in Q1 boosted by software revenue growth of 70%

Published 27 Jan 2021 11:16 CET | World
F5 Networks said revenues rose to USD 625 million from 569 million the year before, a bit higher than its revised forecast. ...

F5 buys Volterra, guides for higher Q1

Published 08 Jan 2021 11:01 CET | World
F5 Networks said it has agreed to acquire Volterra, a universal edge-as-a-service platform, for about USD 500 million, including ...

F5 appoints AlJammaz Technologies value-added distributor in Saudi Arabia

Published 23 Dec 2020 10:58 CET | Saudi Arabia
AlJammaz Technologies has announced that it will operate as F5's new value-added distributor in Saudi Arabia. AlJammaz ...

Abu Dhabi Digital Authority selects F5 for digital transformation

Published 10 Dec 2020 13:16 CET | United Arab Emirates
The Abu Dhabi Digital Authority (ADDA) said that it has signed an agreement with F5 to facilitate the procurement of advanced ...

F5 introduces Kubernetes platform for 5G core infrastructure

Published 11 Nov 2020 10:45 CET | World
F5 Networks released its BIG-IP Service Proxy for Kubernetes (SPK) and carrier-grade Aspen Mesh, two infrastructure products ...

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 reports better-than-expected Q4, solid FY driven by software revenue

Published 27 Oct 2020 10:03 CET | World
Revenues for Q4 lifted 4 percent from the year before to USD 590 million, with adjusted revenues rising also 4 percent, to USD ...

F5 Networks sees higher Q4 after better-than-expected Q3

Published 28 Jul 2020 11:10 CET | World
F5 Networks has reported a generally better than expected set of results for its fiscal third quarter to end June, helped by ...





Calendar   /   Industry Events

25 Jul Fiber Connect
27 Jul Juniper Networks Q2 2021
27 Jul KPN Q2 2021
27 Jul TIM Brasil Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
27 Jul AudioCodes Q2 2021
27 Jul A10 Networks Q2
27 Jul Alphabet Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul Corning Q2
27 Jul SK Hynix Q2
27 Jul Apple fiscal Q3
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Ribbon Communications Q2 2021
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
28 Jul Cirrus Logic Q1
28 Jul Extreme Networks fiscal Q4
28 Jul Spotify Q2 2021
28 Jul Telefonica Deutschland Q2 2021
29 Jul Vodacom fiscal Q1
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
::: More Calendar Items