F5 Networks, Inc.
 (FFIV)

- NASDAQ
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Oct. 10, 2014, 10:58 AM
    • Telecom equipment makers and their chip/component suppliers are seeing more pain after Juniper (JNPR -7.5%) and Procera (PKT -32%) issued Q3 warnings (I, II), the latest bad earnings news for an industry that has seen plenty due to soft wireline capex. A few enterprise-focused networking vendors are also having a rough day.
    • Cisco (CSCO -3.1%) has fallen below $23.50, and Alcatel-Lucent (ALU -4.3%) below $2.50. Other decliners: CIEN -4.7%. JDSU -4.6%. FFIV -5.3%. ANET -7%. RKUS -5.7%. SONS -4.4%. INFN -2.4%. CYNI -3.5%. AMCC -10%. PMCS -3.4%. NPTN -7.7%.
    • Analysts are defending Juniper, arguing (in remarks that also have implications for peers) bad news has been priced in and that telecom capex is likely to improve in 2015. Bulls have argued Web/mobile traffic growth and SDN/NFV investments will ultimately boost capex, in spite of industry service revenue pressures.
    • The Nasdaq as a whole is down 1.2%. Chip stocks are off sharply following Microchip's warning and prediction of an industry correction.
    • Yesterday: Telecom equipment stocks slump as capex worries persist
    | Oct. 10, 2014, 10:58 AM | 5 Comments
  • Oct. 9, 2014, 1:24 PM
    • F5 (NASDAQ:FFIV) is underperforming after Riverbed cut its Q3 guidance on account of soft WAN optimization and virtual application delivery controller (ADC) sales. Riverbed's virtual ADCs compete against F5's physical and virtual ADCs.
    • Riverbed's cut comes a day after A10 Networks (another ADC vendor) issued a Q3 warning of its own.
    • F5's FQ4 report is expected later this month. The company posted an FQ3 beat in July on the back of strong security hardware sales and growing uptake for its Good, Better, Best bundles.
    | Oct. 9, 2014, 1:24 PM
  • Sep. 29, 2014, 9:16 AM
    • With shares up 33% YTD going into today, Baird has downgraded F5 (NASDAQ:FFIV) to Neutral. Its target remains at $125.
    • In addition to the run-up, Baird cites potential weakness in carrier demand. Plenty of telecom equipment and component vendors have reported being affected by soft North American capex.
    | Sep. 29, 2014, 9:16 AM
  • Aug. 20, 2014, 9:18 AM
    | Aug. 20, 2014, 9:18 AM
  • Jul. 23, 2014, 7:13 PM
    • F5 (NASDAQ:FFIV) expects FQ4 revenue of $453M-$463M and EPS of $1.46-$1.49. The former is in-line with a $455.8M consensus, while the latter is above a $1.45 consensus.
    • The ADC/security hardware vendor declares FQ3 sales were solid in all regions except Japan. Sales of its Good, Better, Best bundles - they feature simpler licensing terms for physical and virtual appliances than prior approaches - grew 49% Q/Q and contributed to major increases in software and security sales.
    • Product revenue +20% Y/Y to $296.3M. Services revenue +17% to $203.4M. GAAP sales/marketing spend +15% to $140M, R&D +24% to $67M. Stock repurchases totaled $150.5M.
    • Shares +0.5% AH. FQ3 results, PR.
    | Jul. 23, 2014, 7:13 PM | 2 Comments
  • Jul. 23, 2014, 4:08 PM
    • F5 Networks (NASDAQ:FFIV): FQ3 EPS of $1.39 beats by $0.04.
    • Revenue of $440.3M (+18.9% Y/Y) beats by $5.3M.
    • Shares -1.76% AH.
    | Jul. 23, 2014, 4:08 PM
  • Jul. 22, 2014, 5:35 PM
  • Jul. 9, 2014, 11:24 AM
    • F5's (FFIV +1.7%) proprietary TMOS operating system acts as a major competitive advantage, argues D.A. Davidson's Mark Kelleher, who has started coverage with a Buy and $145 PT.
    • Aside from differentiating and creating an ecosystem for F5's bread-and-butter application delivery controllers (ADCs), TMOS has underpinned F5's expansion into adjacent security hardware markets.
    • Kelleher expects F5's security offerings (firewalls, malware protection, policy enforcement, etc.) to continue fueling its top-line growth, and its various partnerships to help it maintain a competitive edge.
    • FQ3 results arrive on July 23.
    | Jul. 9, 2014, 11:24 AM
  • May 22, 2014, 7:12 PM
    • F5 (FFIV) has bought Defense.net, a provider of cloud-based security services for protecting against DDoS attacks. Terms are undisclosed.
    • The purchase follows a string of high-profile DDoS attacks affecting sites/platforms such as Vimeo, Meetup, Bit.ly, and TypePad.
    • Defense.net's services will complement various on-premise F5 solutions (inc. firewall and load balancing products) that can be applied towards dealing with DDoS threats. Many peers are also pairing on-premise security hardware/software with cloud services.
    • F5's security hardware has turned into a key growth driver as the company deals with relatively muted demand in its core application delivery controller (ADC) market, as well as some competitive pressure from software-based (virtual) ADCs. F5 mentioned on its FQ2 CC (transcript) it had two multi-million dollar security sales wins during the quarter.
    | May 22, 2014, 7:12 PM
  • May 14, 2014, 5:44 PM
    • Cisco's FQ3 beat, above-consensus FQ4 guidance,, and positive CC commentary are providing a lift to networking equipment rivals and component suppliers.
    • Up AH: ALU +1%. JNPR +1.6%. FFIV +0.8%. FNSR +2%. JDSU +1.5%. RVBD +0.9%. JBL (a major Cisco contract manufacturer) +0.8%.
    • Cisco's product orders were nearly flat Y/Y in FQ3 after falling 4% in FQ2. U.S. orders (+7%, with 10%+ increases in enterprise/SMB orders) provided a boost, as did a 4% increase in Northern European orders.
    • The company's service provider orders fell another 5% Y/Y (router/set-top share loss), but that was better than FQ2's 12% drop. Emerging markets (-7% vs -3% in FQ2) also remained weak.
    | May 14, 2014, 5:44 PM | 1 Comment
  • Apr. 23, 2014, 5:27 PM
    • F5 (FFIV) expects FQ3 revenue of $428M-$438M and EPS of $1.33-$1.36, largely favorable to a consensus of $428.7M and $1.33. Shares +2.7% AH. (FQ2 results, PR)
    • Fusion-io (FIO) expects FQ4 revenue to be in-line or up slightly Q/Q relative to FQ3's $100.5M. That suggests revenue will miss a consensus of $107.5M. Gross margin is expected to be in a range of 52%-54% vs. 52.4% in FQ3., and op. margin in a range of -13% to -17% vs. FQ3's -16.7%. Shares -3.9% AH. (FQ3 results, PR)
    • Citrix (CTXS) expects Q2 revenue of $765M-$775M and EPS of $0.57-$0.59, below a consensus of $785.1M and $0.68. But full-year guidance is better: 8.5%-10% revenue growth and EPS of $2.90-$2.95 vs. a consensus for 9.1% growth and EPS of $2.91. Shares +4.7% AH. (Q1 results, PR)
    | Apr. 23, 2014, 5:27 PM
  • Apr. 23, 2014, 4:09 PM
    • F5 Networks, Inc. (FFIV): FQ2 EPS of $1.27 beats by $0.02.
    • Revenue of $420M (+19.9% Y/Y) beats by $5.63M.
    • Shares +4.3%.
    | Apr. 23, 2014, 4:09 PM
  • Apr. 23, 2014, 12:10 AM
  • Apr. 22, 2014, 5:35 PM
  • Apr. 14, 2014, 7:07 PM
    • An April Barclays survey of 100 U.S. and European CIOs found 46% expecting their company's IT spending to rise in 1H14, 20% expecting it to drop, and 34% expecting no change. Those figures compare with September survey levels of 43%, 27%, and 30%.
    • Moreover, IT spending growth is seen accelerating in 2H in both the U.S. and Europe. Barclays thinks larger budgets, macro stabilization, and a need for equipment refreshes (due to high utilization rates) could be helping out.
    • At the same time, the firm cautions the spending growth is uneven: Software, networking, security, and cloud services demand is healthy, but servers, storage, and IT services remain soft. Interest in the concept of a software-defined data center is gaining traction, but big data (hyped considerably last year) is losing it for now.
    • Gartner has forecast IT spending will rise 3.2% this year to $3.77T after growing just 0.4% in 2013. Enterprise software (+6.9% to $320B) is expected to lead the way.
    • Barclays thinks its survey bodes well for H-P (HPQ), Juniper (JNPR), F5 (FFIV), Aruba (ARUN), Ingram Micro (IM), and CDW, each of which is rated Overweight.
    • Others that might take heart in the survey results: CSCO, ORCL, SAP, CA, SWI, VMW, CHKP, BRCD, ARW, AVT
    | Apr. 14, 2014, 7:07 PM | 1 Comment
  • Apr. 14, 2014, 9:52 AM
    • Stratasys (SSYS +1.5%) has been started at Buy by Goldman, and 3D Systems (DDD -3.1%) at Neutral. Shares of both companies (like those of many high-beta tech names) were clobbered last week. UBS issued similar opinions for Stratasys and 3D Systems two weeks ago.
    • VMware (VMW +1.3%) has received a two-notch upgrade to Outperform from CLSA ahead of its April 22 Q1 report.
    • F5 (FFIV +4.1%) has been upgraded to Buy by Stifel. Q1 results arrive on April 23.
    • Palo Alto Networks (PANW +1.2%) has been upgraded to Overweight by both Barclays and Stephens.
    • TTM Technologies (TTMI +3.1%) has been upgraded to Buy by Stifel and UBS.
    • CalAmp (CAMP +1.7%) has been upgraded to Buy by B. Riley.
    • STMicroelectronics (STM -2.3%) has been cut to Sell by UBS. Q1 results arrive on April 29.
    • AudioCodes (AUDC +4.1%) has been started at Buy by Needham. Shares rose last week after the Israeli government approved an R&D program involving the company.
    • ChannelAdvisor (ECOM +1.2%) has been started at Buy by Janney.
    • Paylocity (PCTY +1.4%) has received five bullish ratings and one neutral rating on underwriter coverage day. Q2 (QTWO +3.1%) has received six bullish ratings.
    | Apr. 14, 2014, 9:52 AM
Company Description
F5 Networks Inc is a developer and provider of software-defined application services designed to ensure that applications delivered over Internet Protocol (IP) networks are available to any user, anywhere, anytime, on any device and on any network.
Sector: Technology
Country: United States