View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
October 27, 2010

F5 Q4 revenue up 45% to $254.3m

Service revenue up 34% on year-ago quarter

By CBR Staff Writer

US network equipment maker F5 Networks has reported revenue of $254.3m for the fourth quarter of 2010, an increase of 45% compared to $175.1m in the year-ago quarter.

Revenue from products increased to $165m, compared to $109m and services revenue grew 34% to $89m compared to $66.3m for the same quarter last year

For the fourth quarter ended on 30 September 2010, operating income increased by 90% to $76.3m from $40.1m for the same quarter previous year.

Net income was $48.2m, compared to net income of $28.4m, while diluted EPS grew 63% to $0.59 compared to $0.36 for the same period last year.

The company posted revenue of $882m for the full year ended 30 September 2010, an increase of 64%, compared to $653.1m in 2009.

Operating income for the year was $230m, up 89% from $122m in 2009. Net income was up 64% to $151.2m from $92m in 2009, while net income per share increased to $1.86 from $1.14.

Content from our partners
Why all businesses must democratise data analytics
How start-ups can take the next step towards scaling up
Unlocking the value of artificial intelligence and machine learning

For the first quarter 2011, the company expects revenue between $265m and $270m and diluted EPS between $0.62 and $0.64.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy