Posts Tagged ‘F5 Networks’
SK Net Service Company Ltd: F5 Networks announced the third quarter financial results in 2008
Posted July 29, 2008
on:This International news is provided from the SK Net Service Company Ltd
F5 Networks, Inc. today report 165.6 million U.S. dollars gain in the third quarter increased 4 percent compared with the second quarter of 159.1 million U.S. dollars and 25 percent with the same period of 132.4 million U.S. dollars last year.
GAAP net income of 19.1 million U.S. dollars (0.23 U.S. dollars per diluted share), while the second quarter of 17.7 million U.S. dollars (0.21 U.S. dollars per diluted share), compared with the same period last year, 21.8 million U.S. dollars (0.26 U.S. dollars per diluted share).
Get rid of after-tax stock-based compensation programme costs, non-GAAP net income of 30.2 million U.S. dollars (0.37 U.S. dollars per diluted share), while the second quarter of 28.9 million U.S. dollars (0.35 U.S. dollars per diluted share), compared with the same period last year, 30.3 million U.S. dollars (per diluted Unit 0.36 U.S. dollars).
F5 president and chief executive officer John McAdam said: “In the third quarter, our core application delivery controller (ADC) business further growth.”
“As we expected, Jigui Shi Wei Pu-long (VIPRION) controller is to promote income growth products a key element. Weipu Dragon’s sales in the large-scale Internet content and service provider market, especially popular, is expected exuberant The market demand will continue until the end of fiscal year 2008. Weipu-high-end product line for us the strength to make a significant contribution to sales, we believe that, today introduced a new entry-level ADC products will be on the low-end product sales Have a positive impact. BIG-IP 1600 and BIG-IP 3600 on behalf of the 2009 fiscal year will launch a new platform for the first batch of products, for the whole ADC product line lead to higher performance and more features. “
In addition to a stable revenue and earnings growth, in the third quarter the account receivables increased by 13 percent to 139 million U.S. dollars, while operating cash flow amounted to 56 million U.S. dollars. Deducted 50 million U.S. dollars which was used by the company to repurchase parts of ordinary shares, F5’s cash and investments amounted to 447 million U.S. dollars at the end of the quarter.
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