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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (2567)	10/26/2000 4:22:15 PM
From: steve susko	Read Replies (1) of 19633

FFIV good report ... a bit of delay reaction after hour.. Fifth Consecutive Quarterly Profit 25 Percent Sequential Revenue Growth Helps Drive Annual Revenue Up 290 Percent SEATTLE--(BUSINESS WIRE)--Oct. 26, 2000-- F5 Networks, Inc. (Nasdaq: FFIV - news), the leading provider of internet traffic and content management products, today announced record revenue for the fourth quarter and the fiscal year ended September 30, 2000. Strong sales of the company's core products and growing demand for services drove fourth quarter revenue to $36.6 million, up 25 percent from the prior quarter and 166 percent from the fourth quarter of 1999. After taxes and before non-recurring expenses, quarterly net income was $3.7 million ($0.16 per share on a diluted basis). Reflecting strong sequential growth throughout the year, fiscal 2000 revenue of $108.6 million was nearly four times 1999 revenue of $27.8 million. After taxes and before non-recurring expenses taken in the fourth quarter, net income for the year was $16.0 million ($0.69 per share on a diluted basis).

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