Ups And Downs: The Best And Worst Tech Stocks In The First Half Of 2017
Submitted by Rick Whiting on
F5 Networks
CEO: Francois Locoh-Donou
Dec. 30, 2016: $144.72
June 30, 2017: $127.06
Change: -12.20%
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.
For its 2017 fiscal second quarter (ended March 31), secure application delivery vendor F5 Networks reported revenue of $518.2 million, up more than 7 percent from $483.7 million in the second quarter of fiscal 2016. Net income for the quarter was $93.1 million, up 23.5 percent from $75.4 million one year earlier.