manage large sets of applications and infrastructure with less complexity. Applications networking company F5 has acquired Volterra, a multi-cloud management startup, for $500 million. 7%, and its long-term revenue growth target to double digits from 8% to 9%. Therefore, F5’s management will use its non-GAAP earnings and earnings per share measures, in conjunction with GAAP earnings and earnings per share measures, to address these limitations when F5’s $28 billion 2023 total addressable market.”. The addition of Volterra accelerates F5’s total revenue growth expectations. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Halo Enters Into Second Amended and Restated Convertible Promissory Note For Aggregate Principal ... Halo Labs Provides Oregon Business Update, USA Technologies Names Scott Stewart as New Chief Accounting Officer, F5 Annual Survey Highlights Accelerated App Modernization and Edge Computing, F5 to Participate in Morgan Stanley Technology, Media and Telecom Conference, Krankenkassenbeiträge könnten rasant steigen, Pandemie verursacht Wohlfahrtsverlust von 250 Milliarden Euro, Astrazeneca betont Sicherheit des Corona-Impfstoffes erneut, Wahlbeteiligung bis 12 Uhr bei 52 Prozent. F5 acquires multi-cloud management startup Volterra for $500 mn. earnings and earnings per share ranges share repurchases and programs, demand for application delivery networking, application delivery services, security, SaaS, edge services and software F5 excludes these items from its non-GAAP financial measures when evaluating its continuing business performance as such items vary significantly based on the magnitude With the addition of Volterra’s technology platform, F5 is creating an edge platform built for enterprises and service providers that will be security-first “Current edge solutions are simply inadequate for today’s enterprise customers. double-digit non-GAAP EPS growth in Horizon 2. Although F5’s management finds this non-GAAP measure to be useful in evaluating the performance of the core business, The 451 Alliance is an exclusive membership organization dedicated to forecasting enterprise IT, technology, business, and macroeconomic trends. Type a symbol or company name. products, expectations regarding future services and products, expectations regarding future customers, markets and the benefits of products, and other statements that are not historical facts and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current Today F5 Networks has announced its intent to acquire Volterra for $500M to enable application security, networking and delivery as an easy-to-use, enterprise-grade SaaS service for DevOps and NetOps teams, cloud architects and line-of-business app owners across organizations globally. Global services revenue growth is likely to be moderately better than flat. Stock-based compensation. Copy and paste multiple symbols separated by spaces. Stock-based compensation consists of expense for stock options, restricted stock, and employee stock purchases through the company’s Employee Stock Purchase Plan. NetOps teams can simplify app-to-app networking and security across clouds. Investors should consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures in Management does not believe these charges accurately reflect the performance of the company’s ongoing operations, therefore, they are not considered by management in making operating ET, or 2:15

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