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 (1542)	10/24/2007 6:42:43 PM
From: Moonray	of 1801

F5 Networks 1Q Outlook Below Estimates AP - Wednesday October 24, 5:38 pm ET F5 Networks Issues 1st-Quarter Earnings Guidance Below Wall Street Estimates; Stock Falls SEATTLE (AP) -- F5 Networks Inc., which develops software that manages computer network traffic, on Wednesday issued first-quarter earnings guidance below Wall Street estimates and the company's stock fell in after-hours trading. F5 Networks expects quarterly earnings of 20 cents to 21 cents per share on revenue between $154 million and $156 million. Analysts polled by Thomson Financial expect a profit of 23 cents per share on sales of $164.1 million. Shares of F5 Networks, which also announced the resignation of a senior sales executive late Wednesday, dropped $3.27, or 8.1 percent, to $37.20 in aftermarket activity, after falling $3.80 to close the regular trading session at $40.47. The company's stock has traded between $27.84 and $46.94 in the past year. The company reported fourth-quarter net income of $12.9 million, or 15 cents per share, compared with $17.8 million, or 21 cents per share, last year. Revenue jumped to $145.6 million from $111.7 million. o~~~ O

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