Here's Why F5 (FFIV) is a Strong Contender for Portfolio Pick

No result found, try new keyword!F5's FFIV shares jumped 21.2% post fourth-quarter fiscal 2023 earnings release, buoyed by strong performance. The surge showcases investors' trust in F5's solid finances and its strategic position in ...

F5 Networks To Buy Edge-As-A-Service Specialist Volterra

F5 Networks is buying startup Volterra for about $500 million for its distributed cloud services expertise. The deal will strengthen F5’s leadership position in enterprise application security and delivery, according to the company.

ARTICLE TITLE HERE

Application delivery specialist F5 Networks revealed its plans to acquire Volterra, a four-year old startup with an edge-as-a-service platform, for about $500 million.

The definitive agreement, announced Thursday afternoon, will involve F5 acquiring all issued and outstanding shares of privately held Volterra for approximately $440 million in cash and approximately $60 million in deferred consideration and assumed unvested incentive compensation to founders and employees, according to the two companies.

The deal will strengthen F5’s leadership position in enterprise application security and delivery. Together with the Volterra platform, F5 will be building a secure, app-driven edge platform -- Edge 2.0 -- with “unlimited scale” for enterprises and service providers, F5 said in a statement.

[Related: F5 Networks’ NGINX Portfolio Won’t Slow Down ‘Modern’ App Developers]

“Current edge solutions are simply inadequate for today’s enterprise customers. It’s time to break out of closed edge systems that only perpetuate the pain of building, running, and securing apps,” said François Locoh-Donou, president and CEO of F5 in a statement. “With Volterra, we advance our Adaptive Applications vision with an Edge 2.0 platform that solves the complex multi-cloud reality enterprise customers confront.”

Founded in Santa Clara, Calif., Volterra owns a platform that lets enterprises build, deploy, secure and operate applications and data in a uniform fashion across all public and private clouds and edge compute environments.

“The need to deliver rich digital experiences has meant that more and more of our customers are asking for expanded security and reliability features that are seamlessly integrated across their clouds and edge deployments,” Ankur Singla, Volterra‘s founder and CEO said in a blog post on the announcement. “As part of F5, we will have access to industry-leading app security capabilities to augment our unique SaaS-based networking, security and app management platform. We also get immediate access to a top-tier go-to-market team that has the deep industry experience in the app delivery and security market.”

Prior to starting Volterra, Singla founded and let software-defined networking company Contrail, which was purchased by Juniper in 2012 for $176 million.

As a result of the deal, F5 is expanding its total revenue growth expectations for its fiscal years 2021 and 2022. F5 is also repeating its commitment to $1 billion in share repurchases in the next two years, including a $500 million accelerated share repurchase in fiscal year 2021.


Here's Why F5 (FFIV) is a Strong Contender for Portfolio Pick

F5's FFIV shares jumped 21.2% post fourth-quarter fiscal 2023 earnings release, buoyed by strong performance. The surge showcases investors' trust in F5's solid finances and its strategic position in application delivery, networking and security solutions.

FFIV's earnings has outpaced estimates in each of the trailing four quarters, delivering an average surprise of 7.76%. This indicates an impressive track record of exceeding earnings estimates. Moreover, the company has a long-term earnings growth expectation of 5.4%.

The stock carries a Zacks Rank #2 (Buy) and has a Growth Score of B at present. The Growth Style Score condenses all the essential metrics from a company’s financial statements to get a true sense of the quality and sustainability of its growth. Per Zacks’ proprietary methodology, stocks with a combination of a Zacks Rank #1 (Strong Buy) or #2 and a Growth Score of A or B offer solid investment opportunities.

With healthy fundamentals, the stock appears to be a solid investment option at the moment.

F5, Inc. Price and Consensus

F5, Inc. price-consensus-chart | F5, Inc. Quote

Growth Drivers

F5’s stronger-than-expected fourth-quarter fiscal 2023 results have boosted investors’ confidence. F5 Networks stands out to benefit from the booming application networking market. With a strong hold in Layer 4-7 content switching and a solid position in data centers, the company is poised to expand market share, especially given the increasing demands for capacity and security in next-gen applications.

F5 is one of the major players in the application delivery controller (ADC) market, offering vital products for data center consolidation, virtualization and cloud services. Additionally, F5 has gained significant market share due to Cisco's shift away from the core ADC market. It is also a major developer and provider of software-defined application services, ensuring secure, speedy and accessible applications across IP networks on any device and at any time.

Story continues

FFIV collaborated with industry leaders, including Microsoft, Oracle, VMware, Cisco Systems and HP, to offer integrated application services for their Software Defined Networking offerings. It has also partnered with Amazon Web Services, Microsoft Azure, VMware vCloud Air, Cisco ACI and others for cloud-based application services. These partnerships increase access to new tech, aid product innovation, strengthen F5's cybersecurity suite, support joint sales and marketing efforts, and enhance its competitive edge.

The company is altering its business model by focusing on subscription-based services, which generate steady revenues and increase profits. The company has also made cost-saving moves like reducing staff, trimming facility space and cutting travel. These initiatives are aimed at lowering operating expenses and improving margins in the short run. Moreover, F5 boasts a strong balance sheet, ample liquidity and reduced debt, making it lucrative to investors.

Other Key Picks

Logitech LOGI, carrying a Zacks Rank #2 at present, is capitalizing on the surge of hybrid work patterns, which are expected to increase the need for its video collaboration tools, keyboards, combos and pointing devices. The thriving cloud-based video conferencing services remain a primary driving force behind this. You can see the complete list of today’s Zacks #1 Rank stocks here.

The growing adoption of new mobile platforms in both mature and emerging markets is driving Logitech's peripherals and accessories demand. Additionally, the company has been able to leverage its software and go-to-market capabilities to increase its market share.

The consensus mark for fiscal 2024 earnings has moved north 11 cents to $3.43 per share over the past 60 days, indicating a 6.52% increase from the fiscal 2023 level. LOGI has a Growth Score of A.

NVIDIA Corporation NVDA, carrying a Zacks Rank #2 at present, is reaping the rewards of increased investments in generative AI. The surge in generative AI technology is poised to create substantial demand for its next-gen high-performance computing chips. With rising investments in AI across the data center sector, NVDA anticipates its fourth-quarter fiscal 2024 revenues to soar to $20 billion from $6.05 billion in the previous year’s quarter.

NVIDIA maintains a dominant position in the AI chip market, with its GPUs already integrated into AI models. This expansion of NVDA’s reach is extending into previously untapped sectors, such as automotive, healthcare and manufacturing. Collaborations with Mercedes-Benz and Audi are poised to further bolster NVIDIA's presence in autonomous vehicles and other automotive electronics domains.

The consensus mark for fiscal 2024 earnings has been revised upward by 12 cents to $12.29 per share over the past 30 days, indicating a whopping 268% increase from fiscal 2023. The stock has a Growth Score of A and has a long-term earnings growth expectation of 13.5%.

CrowdStrike CRWD carries a Zacks Rank #2 and has a Growth Score of A. CRWD is capitalizing on heightened demand for cyber-security solutions, driven by numerous data breaches and the growing necessity for security and networking products amid the rise of hybrid work practices.

Ongoing digital transformations and the migration to cloud services within organizations serve as pivotal factors driving growth. The company's robust portfolio, including the Falcon platform's 10 cloud modules, fortifies its competitive advantage and attracts new users. Furthermore, strategic acquisitions like Bionic and Reposify are anticipated to propel further growth.

The Zacks Consensus Estimate for CrowdStrike’s fiscal 2024 earnings has moved north 12 cents in the past 30 days to $2.94 per share, indicating growth of 90.9% on a year-over-year basis. The long-term expected earnings growth rate for CRWD is pegged at 36.1%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Logitech International S.A. (LOGI) : Free Stock Analysis Report

NVIDIA Corporation (NVDA) : Free Stock Analysis Report

F5, Inc. (FFIV) : Free Stock Analysis Report

CrowdStrike (CRWD) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research


 




Whilst it is very hard task to choose reliable exam Questions and Answers resources regarding review, reputation and validity because people get ripoff due to choosing incorrect service. Killexams make it sure to provide its clients far better to their resources with respect to cheat sheet update and validity. Most of other peoples ripoff report complaint clients come to us for the brain dumps and pass their exams enjoyably and easily. We never compromise on our review, reputation and quality because killexams review, killexams reputation and killexams client self confidence is important to all of us. Specially we manage killexams.com review, killexams.com reputation, killexams.com ripoff report complaint, killexams.com trust, killexams.com validity, killexams.com report and killexams scam. If perhaps you see any bogus report posted by our competitor with the name killexams ripoff report complaint internet, killexams.com ripoff report, killexams.com scam, killexams.com complaint or something like this, just keep in mind that there are always bad people damaging reputation of good services due to their benefits. There are a large number of satisfied customers that pass their exams using killexams.com brain dumps, killexams PDF questions, killexams practice questions, killexams exam simulator. Visit our test questions and demo brain dumps, our exam simulator and you will definitely know that killexams.com is the best brain dumps site.

Which is the best dumps website?
Indeed, Killexams is fully legit and fully efficient. There are several features that makes killexams.com traditional and straight. It provides up to date and fully valid cheat sheet that contains real exams questions and answers. Price is really low as compared to almost all of the services on internet. The Questions and Answers are updated on normal basis utilizing most latest brain dumps. Killexams account make and solution delivery is quite fast. Submit downloading can be unlimited and fast. Support is avaiable via Livechat and Electronic mail. These are the features that makes killexams.com a strong website that come with cheat sheet with real exams questions.



Is killexams.com test material dependable?
There are several Questions and Answers provider in the market claiming that they provide real exam Questions, Braindumps, Practice Tests, Study Guides, cheat sheet and many other names, but most of them are re-sellers that do not update their contents frequently. Killexams.com is best website of Year 2024 that understands the issue candidates face when they spend their time studying obsolete contents taken from free pdf download sites or reseller sites. Thats why killexams.com update exam Questions and Answers with the same frequency as they are updated in Real Test. cheat sheet provided by killexams.com are Reliable, Up-to-date and validated by Certified Professionals. They maintain question bank of valid Questions that is kept up-to-date by checking update on daily basis.

If you want to Pass your exam Fast with improvement in your knowledge about latest course contents and subjects of new syllabus, We recommend to download PDF exam Questions from killexams.com and get ready for real exam. When you feel that you should register for Premium Version, Just choose visit killexams.com and register, you will receive your Username/Password in your Email within 5 to 10 minutes. All the future updates and changes in Questions and Answers will be provided in your download Account. You can download Premium cheat sheet files as many times as you want, There is no limit.

Killexams.com has provided VCE VCE exam Software to Practice your exam by Taking Test Frequently. It asks the Real exam Questions and Marks Your Progress. You can take test as many times as you want. There is no limit. It will make your test prep very fast and effective. When you start getting 100% Marks with complete Pool of Questions, you will be ready to take real Test. Go register for Test in Exam Center and Enjoy your Success.




ICTS questions download | PEGACPRSAV22 practice exam | 700-680 demo test questions | NCLEX-PN online exam | DEE-1721 exam preparation | 2B0-023 certification demo | WSO2-CEID cheat sheet | Google-PDE Questions and Answers | PANCE braindumps | 2V0-33.22 VCE exam | ASVAB-Mechanical-Comp test example | Okta-Certified-Pro exam prep | CRNE VCE exam | TFNSTRETEICT1100 free prep | DES-5221 exam papers | COG-310 PDF download | PR000005 Latest Questions | DEX-403 study questions | AZ-204 actual questions | MBLEX demo test |


101 - Application Delivery Fundamentals 2023 education
101 - Application Delivery Fundamentals 2023 exam Questions
101 - Application Delivery Fundamentals 2023 exam Questions
101 - Application Delivery Fundamentals 2023 Question Bank
101 - Application Delivery Fundamentals 2023 study help
101 - Application Delivery Fundamentals 2023 answers
101 - Application Delivery Fundamentals 2023 Dumps
101 - Application Delivery Fundamentals 2023 Questions and Answers
101 - Application Delivery Fundamentals 2023 Study Guide
101 - Application Delivery Fundamentals 2023 Latest Questions
101 - Application Delivery Fundamentals 2023 Free PDF
101 - Application Delivery Fundamentals 2023 exam Questions
101 - Application Delivery Fundamentals 2023 exam success
101 - Application Delivery Fundamentals 2023 PDF Questions
101 - Application Delivery Fundamentals 2023 study help
101 - Application Delivery Fundamentals 2023 book
101 - Application Delivery Fundamentals 2023 real questions
101 - Application Delivery Fundamentals 2023 tricks
101 - Application Delivery Fundamentals 2023 Free exam PDF
101 - Application Delivery Fundamentals 2023 book
101 - Application Delivery Fundamentals 2023 outline
101 - Application Delivery Fundamentals 2023 study help
101 - Application Delivery Fundamentals 2023 exam success
101 - Application Delivery Fundamentals 2023 exam format
101 - Application Delivery Fundamentals 2023 PDF Braindumps
101 - Application Delivery Fundamentals 2023 exam Cram
101 - Application Delivery Fundamentals 2023 Latest Topics
101 - Application Delivery Fundamentals 2023 book
101 - Application Delivery Fundamentals 2023 book
101 - Application Delivery Fundamentals 2023 exam
101 - Application Delivery Fundamentals 2023 syllabus
101 - Application Delivery Fundamentals 2023 Study Guide
101 - Application Delivery Fundamentals 2023 techniques
101 - Application Delivery Fundamentals 2023 information source
101 - Application Delivery Fundamentals 2023 real questions
101 - Application Delivery Fundamentals 2023 test
101 - Application Delivery Fundamentals 2023 certification
101 - Application Delivery Fundamentals 2023 exam success
101 - Application Delivery Fundamentals 2023 cheat sheet
101 - Application Delivery Fundamentals 2023 syllabus
101 - Application Delivery Fundamentals 2023 test prep
101 - Application Delivery Fundamentals 2023 exam syllabus
101 - Application Delivery Fundamentals 2023 braindumps
101 - Application Delivery Fundamentals 2023 outline

Other F5-Networks exam Dumps


301b Dumps | 201 Cheatsheet | 101 exam Questions | F50-528 question test | F50-522 exam questions | 001-ARXConfig exam dumps | F50-532 VCE | F50-536 download | 301 cram |


Best cheat sheet You Ever Experienced


PMP study guide | OG0-061 free pdf | DMF-1220 exam questions | 3X0-102 test prep | ASVAB-Paragraph-comp exam answers | 3312 PDF Download | 050-701 download | AP0-001 test example | TA-002-P Dumps | 350-801 cheat sheet pdf | CBDE demo questions | JN0-213 Test Prep | HCE-5920 english test questions | CCFH-202 demo test questions | H12-721 examcollection | HPE6-A68 bootcamp | 7495X Cheatsheet | C90.01 free pdf | ABV practice test | HPE6-A85 Questions and Answers |





References :


https://www.instapaper.com/read/1317015723
https://killexams-posting.dropmark.com/817438/23668425
http://killexams-braindumps.blogspot.com/2020/07/0day-updated-free-101-questions-and.html
http://feeds.feedburner.com/SimplyRetainThese101QuestionsBeforeYouGoForTest
https://drp.mk/i/Qdsbjj46z9
https://www.coursehero.com/file/66636164/101pdf/
https://killexams-101.jimdofree.com/
http://killexamstestprep3.blogdigy.com/101-application-delivery-fundamentals-2021-updated-dumps-by-killexams-com-11439349
https://files.fm/f/z8bc93adt
https://sites.google.com/view/killexams-101-exam-dumps
https://youtu.be/gyxbaTZhkKg



Similar Websites :
Pass4sure Certification exam dumps
Pass4Sure exam Questions and Dumps




Back to Main Page