E ■ I H i Thomas Barwick Investment Thesis F5 (NASDAQ:FFIV) positively surprised investors with its fiscal Q4 guidance, which saw its share price increase by around 12% premarket. Undoubtedly, there's a lot to like here. You have a debt-free business, with more than 8% of its market cap made up of cash. On top of that, I estimate this stock to be priced at around 10x next year's operating profits. And finally, and best of all, I believe that F5 will grow next year by mid-single digits, which is higher than ...

F5, Inc. (NASDAQ:FFIV) Q3 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Suzanne DuLong - Vice President, Investor Relations Francois Locoh-Donou - President and Chief Executive Officer Frank Pelzer - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Long - Barclays Meta Marshall - Morgan Stanley James Fish - Piper Sandler Michael Ng - Goldman Sachs Alex Henderson - Needham & Company Simon Leopold - Raymond James Sebastien Naji - William Blair ...

Software revenue mix % of total product bookings $677 $797 $823 $903 $935 $13 $6 $3 $1 $1 $6 $5 $6 $6 $7 $0 $250 $500 $750 $1,000 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 $696 $808 $832 $ in millions $910 $943 $100 $500 $500 $350 $400 $0 $100 $200 $300 $400 $500 $600 FY20 FY21 FY22 FY23 FY24YTD 50% of annual FCF 77% of FY24 YTD free cash* flow used toward repurchases Committed buyback level FY21 – FY23 Colocation The non-GAAP adjustments, and F5's basis for excluding them from non-GAAP financial measures, are out ...

The first trading day of the week was flat. It didn't look like it was starting out that way, with pre-market futures well into the green — continuing Friday's rally for the full trading day. But around lunchtime, three of the four major indices went to zero and the small-cap Russell 2000 sank below it and never recovered. The Dow was down -0.12% today, while the S&P 500 and Nasdaq were up +0.08% and +0.07%, respectively. The Russell dove -1.02% by the closing bell. We're now getting to a key point in the F ...

F5 shares have lost about 0.9% since the beginning of the year versus the S&P 500's gain of 14.5%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. This quarterly report represents an earnings surprise of 13.13%. A quarter ago, it was expected that this computer networ ...

Third quarter fiscal year 2024 revenue totaled $695 million, compared with $703 million in the third quarter of fiscal year 2023. Software revenue of $179 million grew 3% from the year-ago period. Systems revenue of $130 million represented a decline of 16% from the prior year. Global services revenue of $387 million grew 3% from the year-ago period. GAAP gross profit for the third quarter of fiscal year 2024 was $559 million, representing GAAP gross margin of 80.4%. This compares with GAAP gross profit of ...

Under the agreement, Carahsoft will facilitate access to cybersecurity software products, which include software licenses, subscriptions, maintenance, support, and services from F5 to support Information Technology (IT) operations across the DoD enterprise. The BPA aligns with the Federal Acquisition Streamlining Act and with IT Category Management best practices, with the aim of minimizing the costs associated with traditional procurement processes. These processes include sourcing, technical document and ...

Wall Street analysts expect F5 Networks (FFIV) to post quarterly earnings of $2.97 per share in its upcoming report, which indicates a year-over-year decline of 7.5%. Revenues are expected to be $686.58 million, down 2.3% from the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before ...

Author - SEC EDGAR Data Takeaway pingingz One company that has really underperformed my own expectations as of late is F5, Inc. (NASDAQ:FFIV). You see, back in April of this year, I wrote an article that discussed earnings expectations for the second quarter of the company's 2024 fiscal year. I acknowledged in that article that analysts were predicting a decline in revenue but an increase in profitability. But even with that improvement on the bottom line, I felt as though shares were not yet cheap enough t ...

The Zacks Consensus Estimate for fiscal third-quarter earnings is pegged at $2.97 per share, indicating a decline of 7.5% from the year-ago quarter's reported figure. The consensus mark for revenues is pinned at $686.6 million, suggesting a 2.3% decrease from the year-ago quarter. In the last reported quarter, FFIV's non-GAAP earnings of $2.91 per share beat the Zacks Consensus Estimate of $2.88. However, revenues of $681 million for the fiscal second quarter missed the consensus mark of $686.9 million. Fac ...