Schiphol-Rijk, 29 april 2008 – F5 Networks heeft in het tweede kwartaal van het boekjaar 2008 een omzet geboekt van 159,1 miljoen dollar. Dat is drie procent meer dan in het vorige kwartaal toen de omzet 154,2 miljoen dollar bedroeg en 25 procent meer dan in hetzelfde kwartaal van het boekjaar 2007. Toen kwam de omzet uit op 127,6 miljoen dollar.
De nettowinst op basis van GAAP kwam uit op 17,7 miljoen dollar of 21 dollarcent per aandeel. In het vorige kwartaal was dat 17,8 miljoen dollar (21 dollarcent per aandeel). In het tweede kwartaal van boekjaar 2007 bedroeg de winst 20 miljoen dollar (24 dollarcent per aandeel). Op basis van non-GAAP kwam de winst uit op 28,9 miljoen dollar (35 dollarcent per aandeel), ten opzichte van 28,8 miljoen dollar (33 dollarcent per aandeel) een kwartaal eerder en 29,2 miljoen dollar (34 dollarcent per aandeel) in hetzelfde kwartaal van 2007.
Hieronder vindt u het volledige Engelse bericht over de resultaten.
F5 Networks Announces Results for Second Quarter of Fiscal 2008 21st Consecutive Quarter of Sequential Revenue Growth SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ:FFIV) announced revenue of $159.1 million for the second quarter of fiscal 2008, up 3 percent from $154.2 million in the prior quarter and 25 percent from $127.6 million in the second quarter of fiscal 2007.
GAAP net income was $17.7 million ($0.21 per diluted share), compared to $17.8 million ($0.21 per diluted share) in the prior quarter and $20.0 million ($0.24 per diluted share) in the second quarter a year ago.
Non-GAAP net income was $28.9 million ($0.35 per diluted share), compared to $28.8 million ($0.33 per diluted share) in the prior quarter and $29.2 million ($0.34 per diluted share) in the second quarter of fiscal 2007.
A reconciliation of GAAP net income to non-GAAP net income is included on the attached Consolidated Statements of Operations.
“Overall, F5 achieved solid results in both our core application delivery controller business and our recently acquired storage virtualization business,” said John McAdam, F5 president and chief executive officer. “Application delivery controller revenue grew sequentially in Q2 and was up 19% from Q2 a year ago. Revenue from ARX, our line of storage virtualization products, also grew sequentially, up 5 percent from the prior quarter.”
McAdam said the company’s core business grew despite unexpected weakness in Japan. “In what has historically been Japan’s strongest quarter, Japan revenue was down sequentially from Q1. US Federal and Telco revenue also came in below our expectations. However, excluding Federal and Telco, North American revenue was up sequentially from the prior quarter. In addition, we saw continuing strength in EMEA, where revenue grew 9 percent sequentially, and APAC, where revenue increased 23 percent from Q1.
“In its first full quarter, sales of VIPRION, our chassis-based application delivery controller, were in line with our expectations, and demand continues to build during the current quarter. VIPRION’s scalability, high performance, and rich functionality address the massive throughput requirements of large internet service and information providers that are struggling to keep pace with growing numbers of users and the increasing volume and complexity of online content. With a growing pipeline and an increasing number of customer evaluations, VIPRION appears to be gaining traction and promises to be a significant driver of our core business,” McAdam said.
Reflecting high marks on the company’s most recent customer survey, services revenue continued to grow at a healthy pace in the second quarter. In addition, deferred revenue, consisting primarily of unamortized service revenue, grew 11 percent from the prior period to $122.6 million.
Cash flow from operations was $36.9 million during the quarter, and after repurchasing $100 million of F5 shares, the company ended the quarter with $450 million in cash and investments.
Although management remains confident in the company’s ability to achieve sequential revenue growth, McAdam said current economic weakness could slow the company’s growth in the third quarter, ending June 30, 2008. Accordingly, management has set a revenue goal of $160 million to $162 million with a GAAP earnings target of $0.21 to $0.22 per diluted share. Excluding stock-based compensation expense, the company’s non-GAAP earnings target is $0.34 to $0.35 per diluted share. A reconciliation of the company’s expected GAAP and non-GAAP earnings is provided in the following table:
Over F5 Networks
F5 Networks is marktleider in Application Delivery Networking. Het bedrijf levert oplossingen die de veiligheid, snelheid en beschikbaarheid van applicaties verbeteren. De toevoeging van intelligentie en beheerbaarheid aan het netwerk zorgt voor het offloaden van applicaties en optimaliseert de storagelaag voor data. Hierdoor breidt F5 de kracht van intelligente netwerken uit naar alle niveaus voor applicatiebeschikbaarheid. De uitgebreide F5-architectuur integreert applicatieoptimalisatie met applicatie- en netwerkbeveiliging op een intelligente manier en vergroot zo de applicatiebetrouwbaarheid. Meer dan 16.000 organisaties en serviceproviders vertrouwen hun applicaties toe aan F5-technologie. Het hoofdkantoor van F5 is gevestigd in Seattle, Washington (VS). F5 Networks is in Nederland gevestigd te Schiphol-Rijk. Meer informatie:
www.f5.com.
Voor meer informatie:
F5 Networks Judith Veenhouwer
Telefoon: +31 (0)20 658 63 50
E-mail:
J.Veenhouwer@F5.com
www.f5.com Progress Communications
Inger Hund
Telefoon: +31 (0)20 363 11 52
E-mail:
inger@progresscommunications.nl
www.progresscommunications.nl
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