F5, INC.


Associated tags: FFIV, API, Software, Security, Data Management, Internet, Apps, Applications, Networks, F5, Inc., Webcast, F5

Locations: UNITED STATES, NORTH AMERICA, CALIFORNIA, WASHINGTON, SAN FRANCISCO, ML, CANADA

F5 Recognized as API Security Visionary by Enterprise Management Associates

Retrieved on: 
Sunday, May 5, 2024

F5 (NASDAQ: FFIV) announced that it has been singled out as a visionary in API security for its F5 Distributed Cloud Web App and API Protection (WAAP) in Enterprise Management Associates’ Vendor Vision 2024 report.

Key Points: 
  • F5 (NASDAQ: FFIV) announced that it has been singled out as a visionary in API security for its F5 Distributed Cloud Web App and API Protection (WAAP) in Enterprise Management Associates’ Vendor Vision 2024 report.
  • In the report, F5 was lauded for its holistic approach to API and application security, eliminating the need for customers to pay for and manage disparate API security solutions.
  • “F5 invented API security.
  • Building on F5’s legendary BIG-IP for traditional apps, adding F5 NGINX and F5 Distributed Cloud Services for modern and hybrid apps makes F5 the only security partner that provides comprehensive, AI-ready API security in a holistic, easy-to-deploy solution.

F5 Delivers New Solutions that Radically Simplify Security for Every App and API

Retrieved on: 
Tuesday, April 30, 2024

“Modern organizations require high-efficacy app and API security that extends across their distributed environments,” said Kara Sprague, EVP and Chief Product Officer at F5.

Key Points: 
  • “Modern organizations require high-efficacy app and API security that extends across their distributed environments,” said Kara Sprague, EVP and Chief Product Officer at F5.
  • “APIs are now the target of most cyberattacks, and organizations of all sizes must complement their web app security solutions with comprehensive API security.
  • Looking forward, F5 will deepen this integration to deliver more adaptable app and API security through automated vulnerability discovery, threat identification, and remediation.
  • “Advanced app and API security have never been more important, especially with the coming wave of AI-based applications and services.

F5 Reports Strong Earnings Growth in its Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Earnings Outlook

Retrieved on: 
Monday, April 29, 2024

In addition, the Company expects fiscal year 2024 revenue growth that is flat to down 2% compared to fiscal year 2023.

Key Points: 
  • In addition, the Company expects fiscal year 2024 revenue growth that is flat to down 2% compared to fiscal year 2023.
  • This outlook is consistent with its prior outlook for fiscal year 2024 revenue growth of “flat to low-single-digit decline” compared to the prior year.
  • In addition, the Company raised its fiscal year 2024 non-GAAP earnings per share outlook to growth of 7% to 9% from its prior range of growth of 6% to 8%.
  • F5 will host a live webcast to review its financial results and outlook today, April 29, 2024, at 4:30 pm ET.

F5 to Report Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, April 9, 2024

F5, Inc. (NASDAQ: FFIV) announced it will report its second quarter fiscal year 2024 financial results on Monday, April 29, 2024 following the market close.

Key Points: 
  • F5, Inc. (NASDAQ: FFIV) announced it will report its second quarter fiscal year 2024 financial results on Monday, April 29, 2024 following the market close.
  • F5 also will host a live webcast to discuss its results with investors and analysts beginning at 4:30 p.m.
  • ET on April 29, 2024.
  • Replay Via Phone: +1 (877) 660-6853 (U.S. and Canada) or +1 (201) 612-7415 (outside of the U.S. and Canada) available April 29, 2024, through April 30, 2024.

F5 Recognized by KuppingerCole as a Leader in Web Application Firewall Market in 2024 Leadership Compass Report

Retrieved on: 
Tuesday, April 9, 2024

To address these challenges, F5 offers the most comprehensive WAF solutions on the market and is the only solution provider that secures, delivers, and optimizes any app, any API, anywhere. F5’s WAF capabilities -- across all of its product families -- are designed to solve its customers’ most difficult hybrid and multicloud pain points.

Key Points: 
  • F5 (NASDAQ: FFIV) today announced that it has been positioned as an Overall Leader in the 2024 KuppingerCole Leadership Compass Report for Web Application Firewalls (WAFs).
  • The report provides an overview of the WAF market and assesses vendors based on innovation, market presence, and technology.
  • The Leadership Compass report identifies F5 as outshining competitors in multiple expanded critical areas including API security, bot management, and Distributed Denial-of-Service (DDoS) defense.
  • “We are honored to be recognized by KuppingerCole as an overall leader in the 2024 Leadership Compass Report for WAFs,” said Greg Maudsley, senior director, product marketing at F5.

F5 Welcomes Lyra Schramm as Chief People Officer and Kunal Anand as Chief Technology Officer

Retrieved on: 
Tuesday, April 2, 2024

F5, Inc. (NASDAQ: FFIV) today announced the appointment of Lyra Schramm as Executive Vice President and Chief People Officer (CPO) and Kunal Anand as Executive Vice President and Chief Technology Officer (CTO).

Key Points: 
  • F5, Inc. (NASDAQ: FFIV) today announced the appointment of Lyra Schramm as Executive Vice President and Chief People Officer (CPO) and Kunal Anand as Executive Vice President and Chief Technology Officer (CTO).
  • Schramm and Anand join F5’s executive leadership team reporting to President and CEO, François Locoh-Donou.
  • "Lyra and Kunal not only bring business acumen and fresh perspectives that will raise the bar for F5, but they are also humble, generous, and authentic leaders who embody our culture of excellence,” said Locoh-Donou.
  • Most recently, Anand held the dual roles of CTO and Chief Information Security Officer (CISO) at Imperva.

F5 to Participate in the Morgan Stanley Technology, Media & Telecom Conference

Retrieved on: 
Wednesday, February 28, 2024

F5, Inc. (NASDAQ: FFIV) today announced that it will participate in the Morgan Stanley Technology, Media & Telecom Conference.

Key Points: 
  • F5, Inc. (NASDAQ: FFIV) today announced that it will participate in the Morgan Stanley Technology, Media & Telecom Conference.
  • F5’s fireside chat presentation will be webcast live beginning at 12:30 p.m.
  • Interested attendees can access the live webcast via the Investor Relations section of f5.com or via this link .
  • An archived version of the webcast will be available on F5’s Investor Relations page .

F5 Transforms Application Security for the AI Era

Retrieved on: 
Wednesday, February 7, 2024

As AI accelerates the growth of applications and the APIs that connect them, F5 is bringing API code testing and telemetry analysis to F5 Distributed Cloud Services , creating the industry’s most comprehensive and AI-ready API security solution.

Key Points: 
  • As AI accelerates the growth of applications and the APIs that connect them, F5 is bringing API code testing and telemetry analysis to F5 Distributed Cloud Services , creating the industry’s most comprehensive and AI-ready API security solution.
  • The added pressure to secure and deliver AI services compounds this, putting many security and IT teams in an untenable position,” said François Locoh-Donou, President and CEO, F5.
  • F5 Distributed Cloud Services offer the industry’s most comprehensive, AI-ready API security solution
    As AI drives growth in the volume of apps and APIs, it is adding significant security challenges that companies must solve.
  • Powered by the F5 AI Data Fabric, the tool will serve as an intelligent partner to stretched IT and security teams.

F5 Reports Strong Earnings Growth in its First Quarter of Fiscal Year 2024

Retrieved on: 
Monday, January 29, 2024

For the second quarter of fiscal year 2024, F5 expects to deliver revenue in the range of $675 million to $695 million, with non-GAAP earnings in the range of $2.79 to $2.91 per diluted share.

Key Points: 
  • For the second quarter of fiscal year 2024, F5 expects to deliver revenue in the range of $675 million to $695 million, with non-GAAP earnings in the range of $2.79 to $2.91 per diluted share.
  • In addition, the Company raised its fiscal year 2024 non-GAAP earnings per share outlook to growth of 6% to 8% from growth of 5% to 7%, as a result of a lower expected tax rate for fiscal year 2024.
  • Certain exclusions, such as amortization of intangible assets and share-based compensation expenses, are generally incurred each quarter, but the amounts have historically varied and may continue to vary significantly from quarter to quarter.
  • F5 will host a live webcast to review its financial results and outlook today, January 29, 2024, at 4:30 pm ET.

F5 Welcomes Samir Sherif as New Chief Information Security Officer

Retrieved on: 
Monday, January 22, 2024

F5 (NASDAQ: FFIV), today announced the appointment of Samir Sherif as Senior Vice President and Chief Information Security Officer (CISO).

Key Points: 
  • F5 (NASDAQ: FFIV), today announced the appointment of Samir Sherif as Senior Vice President and Chief Information Security Officer (CISO).
  • In this role, Sherif will lead F5’s enterprise cybersecurity strategy and security culture, evolve F5’s security capabilities and resilience, oversee cybersecurity standards and programs for F5’s products and services, and showcase to customers and the broader industry the value of F5’s security solutions.
  • As a seasoned CISO and an expert in application security, Sherif's arrival marks a significant addition to F5’s leadership team.
  • “As the new Chief Information Security Officer at F5, my mission is to harness our leadership in multi-cloud application security to further strengthen our enterprise cybersecurity initiatives,” said Sherif.