F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 245.91

-0.9%

Nov 7 9:30 AM EST

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To: Moonray who wrote (1502)	1/24/2007 6:00:11 PM
From: Moonray	Read Replies (1) of 1801

F5 Networks forecasts Q2 outlook below analysts' view Market View - Wed Jan 24, 2007 5:27pm ET Jan 24 (Reuters) - F5 Networks Inc. (FFIV.O: Quote, Profile , Research) said it posted higher first-quarter results, driven primarily by strong enterprise sales in North America, but forecast second-quarter earnings below analysts' expectations. Shares of the company fell over 6 percent to $69.90 in late electronic trade, after closing at $74.48 on the Nasdaq. The network equipment maker forecast second-quarter earnings of 44 cents to 46 cents a share, on revenue of $124 million to $126 million. Analysts were expecting a profit of 48 cents a share, before items, and revenue of $123.2 million, according to Reuters Estimates. Earnings for the first-quarter rose to 53 cents a share, from 37 cents a year earlier. Analysts were expecting 45 cents a share. Revenue for the first-quarter rose 36 percent from the year-ago period to $120 million. (Reporting by Anant Vijay Kala in Bangalore) o~~~ O

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