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301b BIG-IP Local Traffic Manager (LTM) Specialist : Maintain & Troubleshoot

The 301a-LTM Specialist: Architect, Set-up & Deploy test is one of two exams

required to achieve Certified F5 Technology Specialist, LTM status.

Individuals who pass this test possess an of underlying principles – from SSLbased VPN implementation to symmetric and asymmetric acceleration – and can

draw on that insight to integrate BIG-IP Local Traffic Manager (LTM) into existing
networks as well as new implementations. This is test 1 of 2 and is based on
TMOS v11.



Objective 1.01 Given an expected traffic volume, determine the appropriate SNAT
configuration

Explain when SNAT is required

Describe the benefit of using SNAT pools

Objective 1.02 Given a scenario, determine the minimum profiles for an application U/A

Explain security options available for the application

Explain how to use LTM as a service proxy

Describe how a given service is deployed on an LTM

Objective 1.03 Given an application configuration, determine which functions can be
offloaded to the LTM device

Explain how to offload HTTP servers for SSL compression and caching

Objective 1.04 Given an application configuration, determine which functions can be
offloaded to the LTM device

Explain how to create an HTTP configuration to handle an HTTP server error

Objective 1.05 Given an application configuration, determine the appropriate profile and
persistence options

Explain how to create an HTTP configuration for mobile clients

Explain how to create an HTTP configuration to optimize WAN connectivity

Determine when connection mirroring is required

Objective 1.06 Explain the steps necessary to configure AVR U/A

Explain the steps necessary to configure the AVR

Explain how to create an AVR profile and options

Objective 1.07 Given a set of reporting requirements, determine the AVR metrics and entities
to collect

Explain the sizing implications of AVR on the LTM device

Explain the logging and notifications options of AVR

Explain the uses of the collected metrics and entities

Objective 1.08 Given a scenario, determine the appropriate monitor type and parameters to use

Explain how to create an application specific monitor

Given a desired outcome, determine where to apply health monitors

Determine under which circumstances an external monitor is required

Objective 1.09 Given a set of parameters, predict an outcome of a monitor status on other
LTM device objects

Determine the effect of a monitor on the virtual server status

Determine the effect of active versus inline monitors on the application status or on the LTM device

Objective 1.10 Given a set of SSL requirements, determine the appropriate profile options to
create or modify in the SSL profile

Describe the difference between client and server SSL profiles

Describe the difference between client and server SSL processing

Objective 1.11 Given a set of application requirements, describe the steps necessary to
configure SSL

Describe the process to update expired SSL certificates

Describe the steps to incorporate client authentication to the SSL process

Objective 1.12 Given a set of application requirements, determine the appropriate virtual
server type to use

Describe the process to update expired SSL certificates

Describe the steps to incorporate client authentication to the SSL process

Objective 1.13 Given a set of application requirements, determine the appropriate virtual

server configuration settings

Describe which steps are necessary to complete prior to creating the virtual server

Describe the security options when creating a virtual server (i.e., VLAN limitation, route domains, packet
filters, iRules)

Objective 1.14 Explain the matching order of multiple virtual servers U/A

Objective 1.15 Given a scenario, determine the appropriate load balancing method(s) U/A

Identify the behavior of the application to be load balanced

Differentiate different load balancing methods

Explain how to perform outbound load balancing

Explain CARP persistence

Objective 1.16 Explain the effect of LTM device configuration parameters on load balancing
decisions

Differentiate between members and nodes

Explain the effect of the load balancing method on the LTM platform

Explain the effect of CMP on load balancing methods

Explain the effect of OneConnect/MBLB on load balancing

Explain how monitors and load balancing methods interact

Section 2: Set-up, administer, and secure LTM devices Cognitive
Complexity

Objective 2.01 Distinguish between the management interface configuration and application
traffic interface configuration

Explain the requirements for management of the LTM devices

Explain the requirements for the application traffic traversing the LTM devices

Explain how to configure management connectivity options: AOM, serial console, USB & Management
Ethernet Port

Objective 2.02 Given a network diagram, determine the appropriate network and system

settings (i.e., VLANs, selfIPs, trunks, routes, NTP servers, DNS servers,
SNMP receivers and syslog servers)

Explain the requirements for self IPs (including port lockdown)

Explain routing requirements for management and application traffic (including route domains and IPv6)

Explain the effect of system time on LTM devices

Objective 2.03 Given a network diagram, determine the appropriate physical connectivity U/A

Explain physical network connectivity options of LTM devices

Objective 2.04 Explain how to configure remote authentication and multiple administration
roles on the LTM device

Explain the relationship between route domains, user roles and administrative partitions

Explain the mapping between remote users and remote role groups

Explain the options for partition access and terminal access

Objective 2.05 Given a scenario, determine an appropriate high availability configuration (i.e.,
failsafe, failover and timers)

Explain the relationship between route domains, user roles and administrative partitions

Explain the mapping between remote users and remote role groups

Explain the options for partition access and terminal access

Objective 2.06 Given a scenario, describe the steps necessary to set up a device group,
traffic group and HA group

Explain how to set up sync-only and sync-failover device service cluster

Explain how to configure HA groups

Explain how to assign virtual servers to traffic groups

Objective 2.07 Predict the behavior of an LTM device group or traffic groups in a given failure
scenario

Objective 2.08 Determine the effect of LTM features and/or modules on LTM device
performance and/or memory

Determine the effect of iRules on performance

Determine the effect of RAM cache on performance and memory

Determine the effect of compression on performance

Determine the effect of modules on performance and memory

Objective 2.09 Determine the effect of traffic flow on LTM device performance and/or
utilization

Explain how to use traffic groups to maximize capacity

Objective 2.10 Determine the effect of virtual server settings on LTM device performance
and/or utilization

Determine the effect of connection mirroring on performance

Objective 2.11 Describe how to deploy vCMP guests and how the resources are distributed R

Identify platforms that support vCMP

Identify the limitations of vCMP

Describe the effect of licensing and/or provisioning on the vCMP host and vCMP guest

Describe how to deploy vCMP guests

Explain how resources are assigned to vCMP guests (e.g., SSL, memory, CPU, disk)

Objective 2.12 Determine the appropriate LTM device security configuration to protect
against a security threat

Explain the implications of SNAT and NAT on network promiscuity

Explain the implications of forwarding virtual servers on the environment security

Describe how to disable services

Describe how to disable ARP

Explain how to set up logging for security events on the LTM device

Explain how route domains can be used to enforce network segmentation

Section 3: Deploy applications Cognitive

Complexity

Objective 3.01 Describe how to deploy and modify applications using existing and/or updated
iApp application templates

Identify the appropriate application template to use to deploy the application

Describe how to locate, retrieve and import new and updated application templates

Identify use cases for deploying the application templates

Objective 3.02 Given application requirements, determine the appropriate profiles and profile
settings to use

Describe the connections between profiles and virtual servers

Describe profile inheritance

Explain how to configure the different SSL profile settings

Explain the effect of changing protocol settings

Explain the use cases for the fast protocols (e.g. fastL4, fastHTTP)

Explain the persistence overrides

Describe the use of HTTP classes and profiles

Describe the link between iRules and statistics, iRules and stream, and iRule events and profiles

Describe the link between iRules and persistence

Describe hashing persistence methods

Describe the cookie persistence options

Determine which profiles are appropriate for a given application

Determine when an iRule is preferred over a profile or vice versa

Explain how to manipulate the packet contents using profiles

Objective 3.03 Determine the effect of traffic flow on LTM device performance and/or
utilization

Describe the effect of priority groups on load balancing

Explain the effects of SNAT settings on pools

Explain how persistence settings can override connection limits

Describe the relationship between monitors and state

Describe the functionality of Action On Service Down

Describe the functionality of Priority Group Activation

Describe the persistence across pools and services (e.g., Match Across Services, Match Across vs Match
Across Pools)

Describe how connection limits are affected by node, pool and virtual server settings

Describe how priority groups are affected by connection limits

BIG-IP Local Traffic Manager (LTM) Specialist : Maintain & Troubleshoot
F5-Networks Troubleshoot information search
Killexams : F5-Networks Troubleshoot information search - BingNews https://killexams.com/pass4sure/exam-detail/301b Search results Killexams : F5-Networks Troubleshoot information search - BingNews https://killexams.com/pass4sure/exam-detail/301b https://killexams.com/exam_list/F5-Networks Killexams : F5 Networks in Focus as Next Activist Target After Infoblox Deal No result found, try new keyword!The big question is where the activists will go to next, said Needham & Co. analyst Alex Henderson, adding that F5 Networks could be among the next to receive spotlight simply because it fits the ... Mon, 21 Aug 2023 12:00:00 -0500 text/html https://www.thestreet.com/investing/stocks/f5-networks-in-focus-as-next-activist-target-after-infoblox-deal-13744247 Killexams : F5 Networks (FFIV) Earnings Dates & Reports  

On this page, you can find detailed information about the financial performance of F5 Networks, including the latest F5 Networks earnings report and upcoming earnings date. The page provides an overview of the company's financial health, with key data points such as the current stock price, earnings per share, and revenue compared against the forecast.

Sun, 23 Jul 2023 12:00:00 -0500 en text/html https://www.investing.com/equities/f5-networks-inc-earnings
Killexams : F5: Fiscal Q3 Earnings Snapshot No result found, try new keyword!SEATTLE (AP) — F5 Networks Inc. (FFIV) on Monday reported fiscal third-quarter earnings of $89 million. On a per-share basis, the Seattle-based company said it had net income of $1.48. Mon, 24 Jul 2023 21:44:00 -0500 text/html https://www.seattletimes.com/business/f5-fiscal-q3-earnings-snapshot/ Killexams : How to use the Netstat command to troubleshoot network issues in Windows 11/10

Netstat (Network Statistics) is a command-line tool for monitoring and troubleshooting computer network issues. This tool shows you all your device’s connections in as much detail as you need.

With Netstat, you can view all your connections and their ports and stats. This information is valuable when setting up or fixing your connectivity. This article will introduce you to the Netstat command and the main parameters for filtering information displayed about your connections.

We’ll explore the following subjects in this section:

  1. How to use the Netstat command.
  2. Use netstat parameters to filter connection information.
  3. Combining Netstat parameters.

Join me as we go through the above subjects to help you better understand this tool and learn how to use it to troubleshoot your network issues.

1] How to use the netstat command

netstat command

Click on the Start button and search for Command Prompt. Open Command Prompt with elevated privileges by right-clicking on it and selecting the Run as administrator option.

You can open Netstat by typing the following command and pressing ENTER:

netstat

You may not understand what the columns mean if you’re new to networking.

  • Proto: The network protocol. It could be either TCP or UDP.
  • Local Address: The IP addresses and ports of your computer’s network interfaces for the given connections.
  • Foreign Address: The IP addresses and port names of the remote devices.
  • StateIndicates the state of the connection. For example, find out active and closed connections.

The netstat command shows you your active connections and their details. However, you’d notice that the foreign address column prints the IP address and port names.

To show the connections’ port numbers instead of the port names next to the IP addresses, use the following command:

netstat -n

Further, the system can disconnect or connect to networks, and the network details can change at intervals. Hence, we can use the following command to refresh the netstat network details at intervals using this command:

netstat -n 5

To stop the refreshing, press the CTRL + C key combination.

NOTE: The 5 in the command above refreshes the command every 5 seconds. If you wish to increase or shorten the interval, you can modify this value.

2] Use netstat parameters to filter connection information

The netstat command is a powerful command that can show you every detail about your device’s connections. Explore the most commonly used netstat parameters to find specific network details.

  • Display active and inactive connections

Show the networks that are active or inactive.

netstat -a
  • Display applications information

List all applications that are associated with the connections.

netstat -b
  • View network adapter stats

Show statistics on incoming and outgoing network packets.

netstat -e
  • Display foreign addresses’ fully qualified domain name (FQDNS)

If you don’t want to see the port numbers or names, the following netstat parameter will show your foreign addresses’ fully qualified domain names.

netstat -f
  • Show port numbers instead of names

Change the foreign address port names to port numbers.

netstat -n

Similar to netstat, and it has an extra column for every connection’s Process ID (PID).

netstat -o
  • Filter connections by protocol

Display the connections for the protocol you specify – UDP, TCP, tcpv6, or udpv6.

netstat -p udp

NOTE: You should change the udp part to the protocol whose connections you want to view.

  • View non-listening and listing port

Show connections and their listening and bound non-listening ports.

netstat -q

Categorize networks by available protocols – UDP, TCP, ICMP, IPv4, and IPv6.

netstat -s

Show the routing table of your current network. It lists every route to the destination and matrix available on your system. Similar to the route print command.

netstat -r
  • Display offload state connections

Show a list of connection offload states of your current connection.

netstat -t
  • See NetworkDirect connections

Shows all NetworkDirect connections.

netstat -x
  • Display connection Templates

Show your networks’ TCP connection templates.

netstat -y

3] Combining Netstat parameters

You can further filter the Netstat parameters to show you information about your connections any way you want. From the above commands, you only have to add a second parameter to show a combined view.

For instance, you can combine the -s and -e parameters to view the statistics for every protocol. This way, you can combine other parameters to get the desired results.

When mixing multiple Netstat parameters, you don’t need to include two dashes (-). You can use one dash (-) and append the parameter letters without a second one.

For example, instead of typing the following command:

netstat -s -e

You can write it as:

netstat - se

netstat se command

If you forget the parameters, a quick way to remember them is by asking netstat to help. Simply run the following command:

netstat /?

To stop the netstat query process, press the CTRL + C key combination.

Can we check network connectivity using netstat?

We can check network connectivity using the netstat or network statistics command. This allows us to see active network connections and their status. The tool can view incoming and outgoing network connections, routing tables, port listening, and usage statistics. This command can be handy for network administrators when troubleshooting network issues. By understanding how to use this command, you can quickly and efficiently diagnose problems with your network.

How do I see network issues in Windows?

You can check your network connection status in Windows quickly and easily. Select the Start button to do so and type “settings” into the search bar. Once you’re in the Settings menu, select “Network & internet.” The status of your network connection will be displayed at the top of the page. If you’re having trouble connecting to the internet, this is a helpful first step in troubleshooting the issue. You also check quickly, and if you see the wifi icon missing, you have a network issue.

netstat command
Tue, 31 Aug 2021 12:16:00 -0500 en-us text/html https://www.thewindowsclub.com/using-the-netstat-command-to-troubleshoot-network-issues
Killexams : F5 Can Deliver 10%+ EPS Growth On Expanding Margins Despite Macro Woes: Analyst

Needham analyst Alex Henderson reiterated a Buy rating on F5, Inc (NASDAQ:FFIV), raising the price target to $180 from $175.

The company recently reported 4% revenue growth in the third quarter, to $702.64 million beating the analyst consensus of $699.39 million.

While macro pressures have weakened demand and revenue growth in the near term, F5 is still expanding GM and Operating Margins, and the analyst believes that EPS is likely to grow at or near double-digits in the foreseeable future.

Despite the current macro conditions, F5 can deliver 10%+ EPS growth on expanding margins while returning capital to shareholders, the analyst adds.

F5 has now worked off its Systems backlog and reiterated that by shipping to the Backlog, the analyst notes that Systems have a 6%-8% headwind in FY24.

The company has a strong Balance Sheet with $11.55/share in cash, nearly $1 billion in authorized share repurchases, and superb cash flow generation, Henderson adds. 

Longer-term, the company is a strong play on Kubernetes, modern application workloads, and Security, notes the analyst. 

When the macro improves and overdue replacement cycles occur, Henderson expects the revenue to re-accelerate.

Based on the above, the analyst increased EPS Estimates for FY23 to $11.39 from $11.02 and for FY24 to $12.38 from $12.11.

Price Action: FFIV shares are trading higher by 6.4% to $159.85 on the last check Tuesday.

Tue, 25 Jul 2023 07:29:00 -0500 en text/html https://markets.businessinsider.com/news/stocks/f5-can-deliver-10-+-eps-growth-on-expanding-margins-despite-macro-woes-analyst-1032475922
Killexams : Connect to the Network

Select your platform to see instructions.

Sun, 16 Aug 2020 05:31:00 -0500 en text/html https://www.brandeis.edu/its/services/network-connectivity/connect-to-the-network.html
Killexams : Analysts Have Conflicting Sentiments on These Technology Companies: Alphabet Class A (GOOGL) and F5 Networks (FFIV)

Analysts have been eager to weigh in on the Technology sector with new ratings on Alphabet Class A (GOOGLResearch Report) and F5 Networks (FFIVResearch Report).

Alphabet Class A (GOOGL)

In a report released today, Eric Sheridan from Goldman Sachs reiterated a Buy rating on Alphabet Class A, with a price target of $152.00. The company’s shares closed last Tuesday at $122.21, close to its 52-week high of $129.04.

According to TipRanks.com, Sheridan is a 5-star analyst with an average return of 13.6% and a 60.6% success rate. Sheridan covers the Technology sector, focusing on stocks such as Spotify Technology SA, DoubleVerify Holdings, and Fiverr International.

Currently, the analyst consensus on Alphabet Class A is a Strong Buy with an average price target of $139.60, a 15.0% upside from current levels. In a report issued on July 20, Mizuho Securities also maintained a Buy rating on the stock with a $135.00 price target.

See the top stocks recommended by analysts >>

F5 Networks (FFIV)

In a report released yesterday, Meta Marshall from Morgan Stanley maintained a Hold rating on F5 Networks, with a price target of $165.00. The company’s shares closed last Tuesday at $158.98.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 5.5% and a 54.9% success rate. Marshall covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and Keysight Technologies.

Currently, the analyst consensus on F5 Networks is a Hold with an average price target of $167.33, implying a 1.4% upside from current levels. In a report issued on July 24, Jefferies also maintained a Hold rating on the stock with a $150.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on GOOGL:

Tue, 25 Jul 2023 16:34:00 -0500 en text/html https://markets.businessinsider.com/news/stocks/analysts-have-conflicting-sentiments-on-these-technology-companies-alphabet-class-a-googl-and-f5-networks-ffiv-1032476898
Killexams : F5, Inc. Common Stock (FFIV) No result found, try new keyword!Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Register for your free account today at data ... Tue, 18 Sep 2012 04:04:00 -0500 text/html https://www.nasdaq.com/market-activity/stocks/ffiv Killexams : F5 Networks surges 11% on Q3 beat; Goldman flags software strength

F5 Networks (NASDAQ:) shares jumped more than 11% in pre-market Tuesday after the company reported Q3 , with EPS of $3.21 coming in better than the consensus estimate of $2.86.

Revenue grew 4% year-over-year to $703 million, beating the consensus estimate of $698.81M. Global services revenue increased 8% year-over-year, while product revenue was up 1%, reflecting 5% systems revenue growth and software revenue that was down 3%.

“We are delivering the gross margin improvement and operating leverage we committed to, and we are confident in our ability to achieve our target of double-digit non-GAAP earnings growth for fiscal year 2023,” said CEO François Locoh-Donou.

For Q4/23, the company expects EPS in the range of $3.15-$3.27, compared to the consensus of $3.22, and revenue in the range of $690-$710M, compared to the consensus estimate of $702M.

Goldman Sachs analysts highlighted software strength.

"FFIV’s has demonstrated effective cost discipline with opex better-than-expected, driven in part by headcount reductions in April. Cost savings should be the primary driver of FFIV’s reiterated F2024 target of DD% EPS growth and at least 300 bps of margin expansion," the analysts wrote.

Additional reporting by Senad Karaahmetovic

Mon, 24 Jul 2023 08:34:00 -0500 en text/html https://www.investing.com/news/stock-market-news/f5-networks-stock-surges-8-following-q3-beat-432SI-3132729
Killexams : F5 (FFIV) Soars 11% on Q3 Earnings Beat, Impressive Guidance

F5, Inc. FFIV shares gained 10.6% during Monday’s extended trading session after the application security solution provider reported better-than-expected third-quarter fiscal 2023 earnings and provided impressive guidance for the fourth quarter.

This Seattle, WA-based company’s non-GAAP earnings of $3.21 per share beat the Zacks Consensus Estimate of $2.86. The bottom line increased 24.9% from the year-ago quarter’s $2.57 per share and was way higher than management’s guided range of $2.78-$2.90 per share. The robust bottom-line performance was mainly driven by higher revenues, the benefits of price realization and easing supply-chain constraints and related costs.

F5 revenues of $702.6 million for the third quarter fell short of the consensus mark of $703.2 million. However, on a year-over-year basis, revenues increased 4.2% and came well above the midpoint of management’s guidance range of $690-$710 million despite persistent macroeconomic uncertainties and tight budgets of customers.

F5 stated that better sales execution mainly boosted the top-line performance. The company also noted that it is witnessing early signs of stabilization in demand as third-quarter demand remained above what it had expected at the beginning of the quarter. Moreover, though third-quarter demand was way lower than the year-ago quarter level, it remained higher than the first and second quarters of the current fiscal.

F5, Inc. Price, Consensus and EPS Surprise

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

Top Line in Detail

Product revenues (47% of total revenues), which comprise the Software and Systems sub-divisions, increased 1% year over year to $328.2 million. The rise in Product revenues was mainly driven by increased sales of Systems, partially offset by a decline in Software sales. The company’s reported non-GAAP Product revenues were slightly lower than our estimates of $333.8 million.

Systems revenues grew 5% year over year to $155 million, accounting for approximately 47% of the total Product revenues. Though the demand for Systems products remained constrained, the segment benefited from supply-chain normalization and better execution in reducing the backlog. Our estimates for Systems revenues were pegged at $190.1 million.

Industry-wide supply-chain constraints for components in 2022 had severely hurt F5’s Systems segment’s overall performance. However, a continuously improving supply chain for the past couple of quarters has been helping the company clear its backlog, thereby boosting its Systems top line.

However, the benefits of higher Systems sales were partially offset by weak performance in Software. Software revenues declined 3% year over year to $174 million in the third quarter, mainly due to tough comparisons. Nonetheless, Software sales improved 32% sequentially, reflecting strong growth in renewals. Our estimates for Software’s third-quarter revenues were pegged at $143.7 million.

Global Service revenues (53% of the total revenues) grew 8% to $374 million. The robust growth was mainly driven by price increases introduced last year and the benefits of high-maintenance renewals. Our estimates for Global Services revenues were pegged at $362.4 million.

F5 Networks registered sales growth across the Americas and EMEA regions, witnessing a year-over-year increase of 3% and 16%, respectively. However, revenues from the APAC region plunged 6% on a year-over-year basis. Revenue contributions from the Americas, EMEA and APAC regions were 57%, 26% and 18%, respectively.

Customer-wise, Enterprises, Service providers and Government represented 66%, 13% and 21% of product bookings, respectively.

Margins

On a year-over-year basis, GAAP and non-GAAP gross margins contracted 80 basis points (bps) and 70 bps to 79.8% and 82.5%, respectively. However, sequentially, GAAP and non-GAAP gross margins expanded 190 bps and 210 bps, respectively. The company noted that the sequential improvement was primarily driven by price realization and ease in supply-chain constraints, as well as reductions in ancillary supply-chain costs.

While GAAP operating expenses went up 4.8% to $457.4 million, non-GAAP operating expenses declined 5.7% to $346 million. GAAP operating expenses as a percentage of revenues increased to 65.1% in the third quarter of fiscal 2023 from 64.7% in the year-ago quarter. Meanwhile, non-GAAP operating expenses as a percentage of revenues declined to 49.2% from 54.4% in the year-ago quarter.

F5 Networks’ GAAP operating profit declined 2.8% to $104 million, while the margin contracted 120 bps to 14.7% However, the non-GAAP operating profit jumped 20% year over year to $233 million, while the margin improved 440 bps to 33.2%. An increase in the non-GAAP operating margin was primarily driven by higher revenues and lower operating expenses as a percentage of revenues, partially offset by a contraction in the gross margin.

Balance Sheet & Cash Flow

F5 Networks exited the June-ended quarter with cash and short-term investments of $690.6 million compared with the previous quarter’s $755.3 million.

The company generated operating cash flow of $165 million in the third quarter and $463.6 million in the first nine months of fiscal 2023.

During the quarter, FFIV repurchased shares worth $250 million. In the first nine months of fiscal 2023, it bought back common stocks worth $290 million. As of Jul 24, 2023, F5 had $982 million remaining under its current authorized share repurchase program. So far in fiscal 2023, the company has utilized about 68% of its free cash flow toward share buybacks compared with its commitment of using at least 50% of free cash flow for share buybacks announced at the beginning of fiscal 2023.

Guidance

F5 Networks projects non-GAAP revenues in the $690-$710 million band (midpoint of $700 million) and non-GAAP earnings per share in the $3.15-$3.27 band (midpoint of $3.21) for the fourth quarter of fiscal 2023. The non-GAAP gross margin is forecast to be around 83%.

Considering the full-quarter benefits of cost-reduction initiatives announced in April 2023, the company expects fourth-quarter non-GAAP operating expenses between $338 million and $350 million. Share-based compensation expenses are anticipated in the range of $55-$57 million.

Zacks Rank & Stocks to Consider

F5 currently carries a Zacks Rank #4 (Sell). Shares of FFIV have risen 4.7% year to date (YTD).

Some better-ranked stocks from the broader technology sector are Salesforce CRM, Fortinet FTNT and Meta Platforms META. Salesforce and Fortinet each sport a Zacks Rank #1 (Strong Buy), while Meta carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Salesforce's second-quarter fiscal 2024 earnings has been revised upward by 21 cents to $1.90 per share for the past 60 days. For fiscal 2024, earnings estimates have moved upward by 33 cents to $7.44 per share in the past 60 days.

Salesforce's earnings beat the Zacks Consensus Estimate in the preceding four quarters, the average surprise being 15.5%. Shares of CRM have surged 70.2% YTD.

The Zacks Consensus Estimate for Fortinet’s second-quarter 2023 earnings has remained unchanged at 34 cents per share in the past 60 days. For 2023, earnings estimates have remained unchanged at $1.46 per share in the past 60 days.

Fortinet’s earnings beat the Zacks Consensus Estimate in the preceding four quarters, the average surprise being 16.4%. Shares of FTNT have rallied 58.1% YTD.

The Zacks Consensus Estimate for Meta's second-quarter 2023 earnings has been revised northward by a couple of cents to $2.87 per share in the past seven days. For 2023, earnings estimates have increased by 2 cents to $12.03 per share in the past seven days.

Meta’s earnings beat the Zacks Consensus Estimate twice in the preceding four quarters while missing the same on two occasions, the average surprise being 15.5%. Shares of META have surged 142.5% YTD.

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Tue, 25 Jul 2023 03:03:00 -0500 en-US text/html https://finance.yahoo.com/news/f5-ffiv-soars-11-q3-122200466.html
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