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F5, Inc. - FFIV STOCK NEWS

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.

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F5, Inc. (NASDAQ: FFIV) will participate in the Barclays Global Technology Conference, with a live webcast on December 7, 2023, at 12:50 p.m. ET. The presentation will be available on F5's Investor Relations page.
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F5, Inc. (NASDAQ: FFIV) will participate in the Needham & Company Virtual Tech Week Conference. The fireside chat presentation will be webcast live on November 14, 2023, at 2:50 p.m. ET. The webcast can be accessed through the Investor Relations section of f5.com or via a provided link. An archived version will be available on F5's Investor Relations page.
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F5, Inc. (NASDAQ: FFIV) has announced the appointment of Tami Erwin, a veteran telecommunications executive, to its board of directors. Erwin brings extensive operational experience and will serve on the Audit & Risk Oversight and the Talent & Compensation Committees. With Erwin's appointment, F5's board expands to 12 members, 11 of whom are independent. F5's board is diverse, with four female directors and four directors who identify as racially or ethnically diverse.
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F5, Inc. (NASDAQ: FFIV) announced financial results for Q4 and FY2023. FY2023 revenue grew 4% to $2.8 billion. GAAP gross profit for FY2023 was $2.2 billion. Non-GAAP operating profit for FY2023 was $850 million. GAAP net income for FY2023 was $395 million. F5 repurchased $350 million of its shares in FY2023. For FY2024, F5 expects revenue to be flat to a low-single-digit decline from FY2023.
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Marvell, F5 Networks, and Arm collaborate to develop the first real-world use case example built on the Open Programmable Infrastructure (OPI) framework. The use case demonstrates how the OPI framework can offload key infrastructure management services from the host CPU to the DPU, lowering TCO and increasing compute capacity. The demo showcases an F5 NGINX container running on the Arm Neoverse-based Marvell OCTEON 10 DPU.
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F5 appoints Michel Combes to its board of directors.
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F5, Inc. (NASDAQ: FFIV) to report Q4 and FY 2023 financial results on October 24, 2023.
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F5 contributes code to double compressibility of OpenTelemetry Protocol, reducing data export costs by 50%
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F5, Inc. to participate in 2023 Piper Sandler Growth Frontiers Conference
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F5, Inc. to participate in Goldman Sachs Communacopia & Technology Conference
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FAQ

What is the current stock price of F5 (FFIV)?

The current stock price of F5 (FFIV) is $252.25 as of December 20, 2024.

What is the market cap of F5 (FFIV)?

The market cap of F5 (FFIV) is approximately 14.6B.

What does F5, Inc. specialize in?

F5 specializes in application security, multi-cloud management, online fraud prevention, application delivery networking, network security, and access & authorization.

When was F5, Inc. founded?

F5, Inc. was founded in 1996.

Where is F5 headquartered?

F5's headquarters are in Seattle, Washington, USA.

What are the primary business areas of F5?

F5's primary business areas include application security, application delivery networking, multi-cloud management, and network security.

Who are F5's main customers?

F5 serves enterprises, service providers, and government entities.

What recent partnerships has F5 engaged in?

F5 has recently partnered with Marvell Technology, Inc., and Arm to develop the first use case example built on the Open Programmable Infrastructure framework. They also partnered with Prompt Security to enhance AI application security.

How does F5 generate its revenue?

F5's revenue is evenly split between its services and products business, with a trend toward increased product revenue due to software adoption.

What geographical regions contribute to F5's revenue?

F5 generates approximately 55% of its revenue from the Americas, 25% from EMEA, and 20% from the APAC and Japan regions.

What is the number of employees at F5?

F5 employs around 6,500 people.

What is the significance of F5's collaboration with Prompt Security?

The collaboration aims to deliver a firewall for AI applications on F5 Distributed Cloud Services, addressing the growing need for securing Generative AI applications.

F5, Inc.

Nasdaq:FFIV

FFIV Rankings

FFIV Stock Data

14.59B
58.14M
0.67%
96.95%
3.57%
Software - Infrastructure
Computer Communications Equipment
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United States of America
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