F5 Networks, Inc. is a multinational company that focuses on providing application delivery services. The business, based in Seattle, Washington, is publicly listed on the NASDAQ Stock Market under the stock ticker symbol ‘FFIV’.
F5’s core technology is a programmable, full-proxy, highly-scalable software platform called TMOS (Traffic Management Operating System).
Its main products are Application Delivery Controllers (ADCs), used in network and application security, access management, web acceleration and other network and application services.
The company also provides consulting, training, installation, maintenance and other technical support services.
Its goal is “to lead the industry in providing application and network services that ensure the safe, fast and reliable delivery of applications to any user, anywhere, anytime.”
F5 Networks was established in 1996 under the named F5 Labs. Its first product was BIG-IP, which drove traffic away from a targeted server to other servers that could handle the load. The company went public as F5 Networks on NASDAQ in June, 1999.
F5 Networks, Inc. – Live Stock Market Data
F5 Networks, Inc. – Overview
- President and CEO: John McAdam
- CFO: Andy Reinland
- Type: Public
- Industry: Technology
- Publicly listed on the NASDAQ Stock Market
- NYSE stock ticker symbol: FFIV
- S&P 500 Component
- Revenue: $1.481 billion USD (2013)
- Net income: $277 million USD (2013)
- Diluted earnings per share: $3.50 USD (2013)
- Founded: 1996
- Employees: 64,000 (2013)
- Corporate headquarters: 401 Elliott Ave West, Seattle, Washington, USA
- Corporate contact number: (206) 272-5555
- Website: https://f5.com
F5 Networks, Inc. – Financial Results
Operating data (in $ thousands) | 2013 | 2012 |
Net revenues | $1,481,314 | $1,377,247 |
Cost of net revenues | $1,228,267 | $1,141,079 |
Operating expenses | $797,449 | $714,776 |
Income from operations | $430,818 | $426,303 |
Other income, net | $7,274 | $5,911 |
Income before income taxes | $438,092 | $432,214 |
Provision for income taxes | $160,778 | $157,028 |
Net income | $277,314 | $275,186 |
Comprehensive income | $273,729 | $277,779 |
Balance sheet data (in $ thousands) | ||
Total assets | $2,230,554 | $1,911,201 |
Total long-term liabilities | $140,492 | $115,772 |
Total stockholders’ equity | $1,538,712 | $1,329,400 |
Cash flow data (in $ thousands) | ||
Net cash provided by operating activities | $499,693 | $495,437 |
Net cash used in investing activities | $(352,470) | $(352,279) |
Net cash used in financing activities | $(166,318) | $(149,231) |
Cash and cash equivalents at end of period | $189,693 | $211,181 |
Common share data (in $) | ||
Basic earnings (loss) per common share | $3.53 | $3.48 |
Diluted earnings (loss) per common share | $3.50 | $3.45 |
Source: “F5 Networks, Inc. 2013 Annual Report FORM 10-K”