BUZ INVESTORS PRESS RELEASE F5 Networks, Inc. (FFIV) today announced revenue of $518.2 million for the second quarter of fiscal 2017, up 7.1% from $483.7 million in the second quarter of fiscal 2016. Growth compared with the second

F5 Networks Announces Second Quarter Fiscal 2017 Results

F5 Networks Announces Second Quarter Fiscal 2017 Results

BUZ INVESTORS PRESS RELEASE F5 Networks, Inc. <span data-recalc-dims=(FFIV) today announced revenue of $518.2 million for the second quarter of fiscal 2017, up 7.1% from $483.7 million in the second quarter of fiscal 2016. Growth compared with the second" width="300" height="200" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/04/F5-Headquarters-1240x827-Small.jpg?resize=300%2C200 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/04/F5-Headquarters-1240x827-Small.jpg?w=720 720w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS PRESS RELEASE F5 Networks, Inc. (FFIV) today announced revenue of $518.2 million for the second quarter of fiscal 2017, up 7.1% from $483.7 million in the second quarter of fiscal 2016. Growth compared with the second quarter of fiscal 2016 was driven by solid execution in the Americasand strong sales of security solutions. Partially offsetting these positive trends was continued soft demand in Europe.

GAAP net income for the second quarter of fiscal 2017 was $93.1 million, or $1.43 per diluted share, compared to $75.4 million, or $1.11 per diluted share in the second quarter of 2016. Non-GAAP net income for the second quarter of fiscal 2017 was $127.0 million, or $1.95 per diluted share, compared to $114.0 million, or $1.68 per diluted share in the second quarter of fiscal 2016.

A reconciliation of net income, earnings per share, and other measures on a GAAP to non-GAAP basis is included on the attached Consolidated Income Statements.



F5 Networks

In the just completed quarter, several new products were introduced including 40-Gigabit BIG-IP virtual editions, Herculon SSL Orchestrator and Herculon DDoS Hybrid Defender purpose-built security products, as well as the latest version of our BIG-IP operating system, TMOS 13.0. BIG-IP iSeries products continue to be well received by customers with adoption trends tracking in line with past major product refresh cycles. The BIG-IP iSeries appliance family was architected to offer massive performance and scalability across the entire line, and these programmable, software-defined hardware platforms include features designed to simplify private cloud deployments and hybrid cloud build-outs.

Several new products scheduled to begin shipping in the current quarter are designed to help enable customers to deploy their applications across a variety of cloud environments. These solutions include Application Connector 1.0 for connecting public and private cloud application infrastructures, support for BIG-IP in the Google Public Cloud, and Container Connector and Application Services Proxy for microservices environments.

“My early internal and external interactions have reinforced my enthusiasm for joining the F5 team and my view that the company offers a compelling platform for growth,” said François Locoh-Donou, F5 President and Chief Executive Officer. “I am excited by the new products and services we continue to bring to market and I look forward to actively engaging with our customers and key strategic partners around these offerings.

“With a strong culture of technology innovation and a solid financial foundation, F5 is uniquely positioned to address our customers’ evolving demands around securing and optimizing performance of their mission-critical business applications.”

For the third quarter of fiscal 2017, ending June 30, the company has set a revenue goal of $520 million to $530 million with a GAAP earnings target of $1.47 to $1.50 per diluted share and a non-GAAP earnings target of $2.01 to $2.04 per diluted share.

A reconciliation of the company’s expected GAAP and non-GAAP earnings is provided in the following table:

Three months ended
June 30, 2017
Reconciliation of Expected Non-GAAP Third Quarter Earnings Low High
Net income $ 94.8 $ 96.8
Stock-based compensation expense $ 44.0 $ 44.0
Amortization of purchased intangible assets $ 2.8 $ 2.8
Tax effects related to above items $ (12.1 ) $ (12.1 )
Non-GAAP net income excluding stock-based compensation expense and amortization of purchased intangible assets $ 129.5 $ 131.5
Net income per share – diluted $ 1.47 $ 1.50
Non-GAAP net income per share – diluted $ 2.01 $ 2.04

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Buz Investors F5 Networks Stock In my line of work, when it comes to trading, I am either bullish or bearish on a potential investment, and this comes down to either liking or not liking what I see. I like what I see when it comes to F5 Networks Inc.

The F5 Networks Stock Chart Points to Much Higher Prices

FFIV Stock: Wickedly Bullish

Buz Investors F5 Networks Stock In my line of work, when it comes to trading, I am either bullish or bearish on a potential investment, and this comes down to either liking or not liking what I see. I like what I see when it comes to F5 Networks Inc. (NASDAQ:FFIV) stock, and this is because it contains certain attributes that I look for in a potential investment. These attributes that I seek are found on the stock chart, or are generated using one.



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F5 Networks Stock

This method of investment analysis is known as technical analysis, and it is based on the notion that historical price and volume data can be used to discern trends and forecast futures prices. I have been refining my craft using this method for nearly two decades, and it has become the basis of my trading strategies.

The F5 Networks stock chart is a thing of beauty and I fell in love with it the first time I laid eyes on it; to say I like this investment is an understatement. My admiration for this investment is apparent on many levels.

The bullish development is supported by the moving average convergence/divergence (MACD) indicator located in the lower panel. MACD is simple trend-following momentum indicator that uses signal-line crossings to distinguish between bullish and bearish momentum. A bullish cross was generated in August 2016, which indicates that bullish momentum is now propelling FFIV stock, and as a result, the path of least resistance is geared towards higher prices.

The bullish indications do not end there, as a golden cross was generated in June 2016. A golden cross is a bullish indicator that is generated when the 50-day moving average (highlighted in blue) crosses above the slower 200-day moving average (highlighted in red). Traders use this signal to confirm a bull market is in development, and I have found it wise to tilt my strategies in the direction suggested by this indicator.

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F5 Networks, Inc.: This Is Why FFIV Stock Can Soar to $190

F5 Networks, Inc.: This Is Why FFIV Stock Can Soar to $190

F5 Networks, Inc.: This Is Why FFIV Stock Can Soar to $190

  • Buz Investors FFIV Stock Can Soar (NASDAQ:FFIV) is a company that develops and produces application delivery systems that speed up and efficiently deliver cloud computing solutions

  • Cloud computing has become an instrumental growth producer, and many companies now use this segment of the technology to pad their bottom lines. FFIV stock has been trading sideways since shares peaked in 2011, but that may soon be coming to an end.
  • I use the stock price chart as my main tool to help me decide how I am going to capitalize on a potential investment. This style of analysis is known as technical analysis, and it is based on price and volume. These factors can be used to discern trends and forecast future prices.

FFIV Stock Can Soar Big Picture Potential

FFIV Stock Can Soar Big Picture Potential

FFIV Stock Can Soar The reason I like F5 Networks stock is that the long-term chart paints a compelling picture, and the size of this picture is what has me really drawn to FFIV stock.

The following F5 Networks stock chart illustrates the pattern that I find compelling.
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FFIV Stock Can Soar

he size of the consolidation wave is what drew me to FFIV stock in the first place. Larger patterns are more significant, and this consolidation wave is 5.5 years in the making. This consolidation wave has the price oscillating within a large trading range and, while this oscillation continues, momentum is being stored within the pattern. The price will eventually gather enough momentum that it will lead to a breakout. Longer and larger patterns translate into an equally large and lengthy reaction.

If this pattern breaks out, a price target can be obtained by using the prevailing impulse wave. Impulse waves coming into a consolidation wave tend to mirror the prevailing impulse wave. As a result, a price objective can be obtained using this premise. When FFIV stock closes above $140 on a weekly basis, the target price of this breakout is approximately $190.

In June, F5 Networks stock generated a golden cross. A golden cross is a bullish signal that is produced when a faster 50-day moving average (highlighted in blue) crosses above a slower 200-day moving average (highlighted in red). Traders use this signal to confirm that a bull market is on the horizon. This signal is similar to the MACD signal, and both signals were generated around the same time. It is not a coincidence that FFIV stock accelerated its trend higher after these signals were generated.