Tech Company Stocks In Q1: Who Gained? Who Lost?

F5 Networks

CEO: Francois Locoh-Donou

Dec. 30, 2016:$144.72

March 31, 2017:$142.57

Change: -1.49%

In January F5 Networks named Francois Locoh-Donou, senior vice president and chief operating officer at networking vendor Ciena, to be the company's new president and CEO effective April 3. Locoh-Donou replaced longtime CEO John McAdams, who retired.

Also in January F5 Networks expanded beyond its application delivery product focus by launching a line of security products.

For its fiscal 2017 first quarter (ended Dec. 31) F5 Networks reported revenue of $516.0 million, up more than 5 percent from $489.5 million in the same quarter one year earlier. Net income for the quarter was $94.2 million, up 5 percent from $89.7 million one year before.