Welcome to our dedicated page for F5 news (Ticker: FFIV), a resource for investors and traders seeking the latest updates and insights on F5 stock.
F5, Inc. (NASDAQ: FFIV) is a leading American technology company headquartered in Seattle, Washington. Established in 1996, F5 specializes in a range of services centered around application security, multi-cloud management, online fraud prevention, application delivery networking (ADN), application availability and performance, network security, and access & authorization. Initially known for its application delivery controller (ADC) technology, F5 has expanded its portfolio to include application layer solutions, automation, and security services.
As cyber threats like ransomware, data leaks, and DDoS attacks continue to escalate, F5 has continually evolved to address these challenges. The company serves a diverse clientele across three primary verticals: enterprises, service providers, and government entities. Notably, F5 is recognized as a market leader in the application delivery controller market, offering products that enhance security, application performance, and automation.
F5’s revenue is evenly split between its services and products business, although there is a growing trend toward product revenue due to increased software adoption. The company generates approximately 55% of its revenue from the Americas, 25% from EMEA, and 20% from the APAC and Japan regions. With a workforce of around 6,500 employees, F5 continues to drive innovation and growth.
Recent achievements highlight F5’s commitment to innovation and collaboration. For instance, F5 has partnered with Marvell Technology, Inc., and Arm to develop the first real-world use case example built on the Open Programmable Infrastructure (OPI) framework. This collaboration aims to enhance key infrastructure management services such as security, load balancing, and API gateways. This partnership underscores F5's role in pioneering solutions that improve web application security, performance, and reliability.
Moreover, F5 has also teamed up with Prompt Security to deliver a firewall for AI applications on F5 Distributed Cloud Services. This joint venture addresses the rising need to secure applications powered by Generative AI (GenAI), providing robust protection against new attack surfaces introduced by AI technologies.
F5’s continued efforts in securing digital experiences are vital as organizations increasingly adopt AI and multi-cloud environments. The company’s strategic collaborations and innovative solutions position it as a crucial player in the technology sector, committed to enabling secure, reliable, and optimized app and API experiences for its customers.
F5, Inc. has appointed James Phillips, President of Microsoft’s Digital Transformation Platform Group, to its board of directors effective January 5, 2022. His extensive expertise in technology and software, coupled with leadership experience, is expected to enhance F5's strategic direction. The board now comprises 11 members, with 10 being independent, highlighting a commitment to diversity and strong governance. Phillips’ insights will support F5’s growth, especially in digital transformation initiatives.
F5, Inc. (NASDAQ: FFIV) is set to announce its first quarter fiscal year 2022 financial results on January 25, 2022, after market close. A live webcast and conference call for discussing these results will commence at 4:30 p.m. ET on the same day. Interested parties can access the event through the investor relations page of F5's website.
F5 (NASDAQ: FFIV) launched new security solutions aimed at combating account takeover (ATO) threats and enhancing customer trust. The offerings unify app security, bot management, and fraud prevention in a single platform, enabling organizations to protect user data and streamline digital experiences. The solutions address sophisticated ATO techniques, including credential stuffing and client-side attacks, while reducing operational complexity. By improving collaboration between security and fraud teams, F5 aims to disrupt cybercrime economics and optimize user experiences, thereby enhancing customer loyalty.
F5, Inc. (NASDAQ: FFIV) announced participation in the Barclays Global Technology, Media and Telecommunications Conference.
The presentation will be live-streamed starting at 3:35 p.m. ET on Wednesday, December 8, 2021. Those interested in attending can access the webcast through the Investor Relations section of f5.com or via a designated link. An archived version will also be available later on F5's Investor Relations page.
F5, Inc. (NASDAQ: FFIV) announced its participation in Credit Suisse’s 25th Annual Technology Conference. The live webcast of F5's presentation is scheduled for 12:40 p.m. ET on Tuesday, November 30, 2021. Interested attendees can access the broadcast through the Investor Relations section of F5's website. An archived version will also be available later on the same page. F5 is recognized for its multi-cloud application security and delivery services.
F5 Networks (NASDAQ: FFIV) will participate in the RBC Capital Markets’ Global Technology, Internet, Media, and Telecom Virtual Conference on November 16, 2021. The live presentation is set to begin at 1:00 p.m. ET and will be accessible through the Investor Relations section on f5.com. An archived version will be available for later viewing. F5 is a leader in multi-cloud application security and delivery, serving various sectors including enterprises and governments.
F5 (NASDAQ: FFIV) released a report titled “Continuous API Sprawl: Challenges and Opportunities in an API-Driven Economy.” The report highlights the rising number of public and private APIs, estimated to approach 200 million today and potentially reach billions by 2031. API sprawl, characterized by an overwhelming number of APIs leading to operational and security challenges, is becoming a significant issue for enterprises. The report stresses the need for better API governance and suggests solutions such as unified API management to mitigate risks and enhance business performance.
F5 Networks (NASDAQ: FFIV) announced the issuance of 25,838 restricted stock units (RSUs) on November 1, 2021, to 28 employees, following the acquisition of Threat Stack, Inc. on October 1, 2021. The RSUs were granted as inducements and will vest 25% on November 1, 2022, with the remaining 75% vesting quarterly over three years, contingent on continued employment. This equity incentive aligns with NASDAQ Listing Rule 5635(c)(4) and aims to retain talent post-acquisition.
F5 Networks (NASDAQ: FFIV) reported robust financial results for the fiscal year 2021, with GAAP revenue reaching $2.60 billion, an 11% increase from $2.35 billion in 2020. The fourth quarter saw GAAP revenue of $682 million, up 11% year-over-year. Non-GAAP net income for FY2021 was $671 million, or $10.81 per diluted share. The company anticipates Q1 FY2022 revenue between $665 million and $685 million and expects overall FY2022 growth of 8% to 9%, driven by strong demand for software solutions, which now constitute 45% of product revenue.
F5 Networks (NASDAQ: FFIV) will report its fourth quarter and fiscal year 2021 financial results on October 26, 2021, after market close. A live webcast and conference call for investors and analysts will start at 4:30 p.m. ET on the same day. Access to the webcast will be available through the F5 investor relations website. Audio-only options are also provided for attendees. The results will be followed by a Q&A session, allowing stakeholders to engage directly with the company's executives.
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