F5 fatura US$ 2,1 bilhões no ano fiscal de 2017
Resultado representa um aumento de 4,8% em relação ao total de US$ 2,0 bilhões do ano anterior; o ano fiscal da F5 Networks terminou em 30 de setembro
A F5, líder em soluções de ADN (Application Delivery Networking) – tecnologia que garante a entrega de aplicações rodando em ambiente Web – anuncia receita de US$ 2,1 bilhões de dólares em 2017. Isso significa um aumento de 4,8% acima dos US$ 2 bilhões no ano anterior. O faturamento do último quarter foi de US$ 538 milhões de dólares. Este resultado representa um acréscimo de US$ 20,2 milhões em relação ao terceiro trimestre desse ano e um salto de 2,4% sobre o faturamento do mesmo período em 2016.
A F5 encerrou seu ano fiscal no último dia de setembro de 2017.
De acordo com François Locoh-Donou, presidente e diretor executivo da F5, esse crescimento foi impulsionado graças as ofertas de serviços e soluções baseadas em software da companhia. “Isso mostra que estamos conseguimos, cada vez mais, ajudar nossos clientes a resolver a complexidade da implantação de aplicativos em ambientes on-premise e multi-nuvem”, disse.
Observando um interesse, cada vez mais crescente, dos clientes nas ofertas de virtual edition e nas soluções de segurança de aplicações multi-nuvens, Locoh-Donou conta que a F5 estabeleceu uma meta de receita de US$ 515 milhões a US$ 525 milhões para o primeiro trimestre do ano fiscal de 2018, que termina em 31 de dezembro. “Acreditamos que o aumento de nossos serviços de aplicações baseadas em software será um dos principais fatores para a conquista dessa receita no ano fiscal de 2018, disse o executivo.
Lucro GAAP x Não-GAAP
O lucro líquido GAAP do ano fiscal de 2017 foi de $420,8 milhões, ou $6,50 diluído por ação, comparado a $365,9 milhões, ou $5,38 diluído por ação no ano fiscal de 2016. O lucro líquido não-GAAP do ano fiscal de 2017 foi de $542,9 milhões, ou $8,38 diluído por ação, comparado a $496,2 milhões, ou $7,30 diluído por ação no ano fiscal de 2016.
O lucro líquido GAAP do quarto trimestre de 2017 foi de $135,7 milhões, ou $2,14 diluído por ação, comparado a $108,9 milhões, ou $1,64 diluído por ação no quarto trimestre de 2016. Excluindo o impacto de remuneração em ações, amortização da compra de ativos intangíveis, despesas com reestruturação, custas judiciais e benefício fiscal não recorrente, o lucro líquido não-GAAP do quarto trimestre de 2017 foi de $154,9 milhões, ou $2,44 diluído por ação, comparado a $139,9 milhões, ou $2,11 diluído por ação no quarto trimestre de 2016.
Uma reconciliação dos lucros GAAP e não-GAAP esperados pela empresa aparece na tabela abaixo:
|Three months ended December 31, 2017|
|Reconciliation of Expected Non-GAAP Fourth Quarter Earnings||Low||High|
|Stock-based compensation expense||$43.5||$43.5|
|Amortization of purchased intangible assets||$2.8||$2.8|
|Tax effects related to above items||$(11.6)||$(11.6)|
|Non-GAAP net income excluding stock-based compensation expense and amortization of purchased intangible assets||$127.4||$129.2|
|Net income per share – diluted||$1.47||$1.50|
|Non-GAAP net income per share – diluted||$2.02||$2.05|
Share Repurchase Program
The company also announced today that its board of directors had authorized an additional $1 billion for the company’s common stock share repurchase program. This new authorization is incremental to the $173.7 million currently unused in the existing program which was initially authorized in October 2010.
Acquisitions for the share repurchase program will be made from time to time in private transactions or open market purchases as permitted by securities laws and other legal requirements. The timing and amounts of any purchases will be based on market conditions and other factors including but not limited to price, regulatory requirements and capital availability. The program does not require the purchase of any minimum number of shares and the program may be modified, suspended or discontinued at any time.
Forward Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding the continuing strength and momentum of F5’s business, future financial performance, sequential growth, projected revenues including target revenue and earnings ranges, income, earnings per share, share amount and share price assumptions, demand for application delivery networking, application delivery services, security, virtualization and diameter 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 which are forward-looking statements. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors. Such forward-looking statements involve risks and uncertainties, as well as assumptions and other factors that, if they do not fully materialize or prove correct, could cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: customer acceptance of our new traffic management, security, application delivery, optimization, diameter and virtualization offerings; the timely development, introduction and acceptance of additional new products and features by F5 or its competitors; competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into F5’s markets, and new product and marketing initiatives by our competitors; increased sales discounts; uncertain global economic conditions which may result in reduced customer demand for our products and services and changes in customer payment patterns; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; litigation involving patents, intellectual property, shareholder and other matters, and governmental investigations; natural catastrophic events; a pandemic or epidemic; F5’s ability to sustain, develop and effectively utilize distribution relationships; F5’s ability to attract, train and retain qualified product development, marketing, sales, professional services and customer support personnel; F5’s ability to expand in international markets; the unpredictability of F5’s sales cycle; F5’s share repurchase program; future prices of F5’s common stock; and other risks 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 reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in F5’s most recent reports on Forms 10-Q and 10-K as each may be amended from time to time. All forward-looking statements in this press release are based on information available as of the date hereof and qualified in their entirety by this cautionary statement. F5 assumes no obligation to revise or update these forward-looking statements.
GAAP to non-GAAP Reconciliation
F5’s management evaluates and makes operating decisions using various operating measures. These measures are generally based on the revenues of its products, services operations and certain costs of those operations, such as cost of revenues, research and development, sales and marketing and general and administrative expenses. One such measure is net income excluding stock-based compensation, amortization of purchased intangible assets and acquisition-related charges, net of taxes, which is a non-GAAP financial measure under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. This measure consists of GAAP net income excluding, as applicable, stock-based compensation, amortization of purchased intangible assets and acquisition-related charges. This measure of non-GAAP net income is adjusted by the amount of additional taxes or tax benefit that the company would accrue if it used non-GAAP results instead of GAAP results to calculate the company’s tax liability. Stock-based compensation is a non-cash expense that F5 has accounted for since July 1, 2005 in accordance with the fair value recognition provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718 Compensation—Stock Compensation (“FASB ASC Topic 718”). Amortization of intangible assets is a non-cash expense. Investors should note that the use of intangible assets contribute to revenues earned during the periods presented and will contribute to revenues in future periods. Acquisition-related expenses consist of professional services fees incurred in connection with acquisitions. In addition, restructuring charges and a non-recurring foreign tax credit benefit have been excluded from GAAP net income for the purpose of measuring non-GAAP earnings and earnings per share in fiscal 2017, and litigation expenses primarily related to a jury verdict and other associated costs of that patent litigation have been excluded in fiscal 2016 and 2017.
Management believes that non-GAAP net income per share provides useful supplemental information to management and investors regarding the performance of the company’s core business operations and facilitates comparisons to the company’s historical operating results. Although F5’s management finds this non-GAAP measure to be useful in evaluating the performance of the core business, management’s reliance on this measure is limited because items excluded from such measures could have a material effect on F5’s earnings and earnings per share calculated in accordance with GAAP. 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 evaluating the performance of the company’s core business. Investors should consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures in accordance with GAAP.
F5 believes that presenting its non-GAAP measure of earnings and earnings per share provides investors with an additional tool for evaluating the performance of the company’s core business and which management uses in its own evaluation of the company’s performance. Investors are encouraged to look at GAAP results as the best measure of financial performance. However, while the GAAP results are more complete, the company provides investors this supplemental measure since, with reconciliation to GAAP, it may provide additional insight into the company’s operational performance and financial results.
For reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure, please see the section in our Consolidated Income Statements entitled “Non-GAAP Financial Measures”.
- Consolidated Balance Sheets
- Consolidated Statement of Operations
- Consolidated Statements of Cash Flows
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Sobre a F5
A F5 aumenta a velocidade, a inteligência e a segurança das aplicações de algumas das maiores organizações do mundo: corporações, provedores de serviços de Telecomunicações, órgãos governamentais e grandes empresas consumer. A F5 entrega soluções de nuvem e de segurança que permitem às organizações atender às demandas da sua infraestrutura de aplicações; isso é feito com rapidez e controle. Para mais informações, visite www.f5.com. Você pode, também, seguir @f5networks no Twitter ou nos encontrar no LinkedIn e no Facebook.