Advertisement
New Zealand markets closed

  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     

  • NZD/USD

    0.5936
    +0.0002 (+0.03%)
     

  • NZD/EUR

    0.5543
    +0.0002 (+0.04%)
     

  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     

  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     

  • OIL

    82.81
    0.00 (0.00%)
     

  • GOLD

    2,329.00
    -9.40 (-0.40%)
     

  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     

  • DAX

    18,088.70
    -48.95 (-0.27%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • NZD/JPY

    92.1140
    +0.3480 (+0.38%)
     

A Review of the Latest Developments at F5 Networks

Amanda Lawrence
Updated
A Review of the Latest Developments at F5 Networks

F5 Networks’ (FFIV) revenue rose at a four-year CAGR (compound annual growth rate) of 9% to $2.1 billion in fiscal 2017, which ended on September 30, 2017. Its net income improved at a four-year CAGR of 11% to $542.9 million. It expects its newly announced dedicated security products to provide security professionals with innovative ways to combat cyberattacks. The company’s revenue forecasts for fiscal 2018, fiscal 2019, and fiscal 2020 are $2.2 billion, $2.2 billion, and $2.3 billion, respectively.

Continue reading