Welcome to our dedicated page for F5 news (Ticker: FFIV), a resource for investors and traders seeking the latest updates and insights on F5 stock.
F5, Inc. provides application delivery, application security, performance, and automation technologies for enterprises, service providers, and government customers. Company news centers on the F5 Application Delivery and Security Platform, app and API protection, hybrid multicloud deployments, Kubernetes-native security, NGINX offerings, and AI application security for production workloads.
Recurring updates also include technology collaborations with cloud, data security, and open-source platform partners; threat research and security testing frameworks; quarterly earnings releases across products, systems, software, and services; investor events; and board governance changes.
F5 (NASDAQ: FFIV) enhances its Distributed Cloud Services to bolster security for digital experiences, crucial in daily interactions, entertainment, and shopping. New features include the Distributed Cloud Bot Defense for BIG-IP and Salesforce Commerce Cloud, a Client-Side Defense tool to combat digital supply chain threats, Distributed Cloud DNS for faster and secure DNS services, and Rate Limiting for API Endpoints to prevent API attacks. These advancements aim to empower organizations in complex multi-cloud environments while strengthening security measures.
F5 (NASDAQ: FFIV) has partnered with SoftBank Corp. to enhance Multi-access Edge Computing (MEC) services in Japan and beyond. The collaboration focuses on leveraging F5 Distributed Cloud Services to support SoftBank's 5G MEC deployment initiated in May 2022. This partnership aims to improve application performance and security for various use cases including IoT and smart retail. Benefits of F5's services include rapid deployment, scalability, and operational simplicity, fostering digital transformation for enterprises.
F5, Inc. (NASDAQ: FFIV) will participate in the BofA Securities 2022 Global Technology Conference, with a presentation scheduled for June 9, 2022, at 2:50 p.m. ET. The event will be webcast live and accessible through the Investor Relations section on F5's website. An archived version will also be available afterward. F5 is a leader in multi-cloud application security and delivery, catering to major enterprises, financial institutions, service providers, and governments, enhancing their digital experiences.
F5 announced the launch of F5 NGINX for Microsoft Azure, a new service that simplifies application delivery on Azure. This Azure-native service enables customers to lift and shift applications with ease, leveraging existing NGINX configurations. The offering supports advanced traffic management and integrates with Azure services like Monitor and Key Vault for enhanced security. This move aligns with growing cloud adoption, as highlighted in F5's 2022 report, which showed over 75% of organizations deploying applications in public cloud environments.
F5, Inc. (NASDAQ: FFIV) will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 24, 2022. The live webcast of F5's presentation will start at 10:10 a.m. ET and can be accessed through the Investor Relations section of F5's website or direct link. An archived version will also be available post-event on the Investor Relations page.
F5, Inc. (NASDAQ: FFIV) reported fiscal Q2 2022 revenue of $634 million, down 2% year-over-year. Software revenue surged 40%, while system revenue fell 27% due to semiconductor shortages. GAAP net income rose to $56 million ($0.92/share), up from $43 million ($0.70/share) a year earlier. However, non-GAAP net income decreased to $131 million ($2.13/share), compared to $155 million ($2.50/share) in Q2 2021. The company revised its FY 2022 revenue growth forecast to 1.5%-4% from 4.5%-8%, citing ongoing supply chain constraints. Q3 revenue is expected between $660-$680 million.
F5 (NASDAQ: FFIV) has released its 2022 State of Application Strategy Report, highlighting the pressing challenges organizations face as they modernize IT infrastructures. The survey of nearly 1,500 IT decision-makers reveals a push towards AI and site reliability engineering (SRE) for better operational insights, with 90% planning AI implementation. However, 95% struggle to extract actionable insights from current systems. A significant trend is the rise of application repatriation, with 67% of organizations moving applications back to data centers, up from 27% the previous year.
F5, Inc. (NASDAQ: FFIV) is set to announce its second quarter fiscal year 2022 financial results on April 26, 2022, after market close. A live webcast and conference call will take place at 4:30 p.m. ET on the same day, aimed at discussing the financial results with investors and analysts. The audio-only version can be accessed by dialing specific numbers for U.S. and international callers. Webcast replays will be available shortly after the event.
For more information, visit the F5 investor relations website.
F5, Inc. (NASDAQ: FFIV) will participate in the Morgan Stanley Global Technology, Media & Telecom Conference on March 9, 2022, with a live webcast starting at 6:00 p.m. ET. Attendees can access the presentation via the Investor Relations section of F5's website or through a provided link. An archived version of the webcast will also be available after the event.
F5 specializes in multi-cloud application security and delivery for large enterprises, financial institutions, and governments.
F5 (NASDAQ: FFIV) has unveiled its new SaaS platform, F5 Distributed Cloud Services, enhancing its application security portfolio. Launched at the Agility conference, this platform addresses complex application security with unified security and multi-cloud networking capabilities. The inaugural solution, F5 Distributed Cloud WAAP, combines advanced web application firewall, bot mitigation, and DDoS protection into a single offering. With 88% of organizations managing both legacy and modern architectures, this solution simplifies security management across diverse environments.