F5 Networks' quarterly revenue rises 20 pct

April 23 Wed Apr 23, 2014 4:13pm EDT

April 23 (Reuters) - Network equipment maker F5 Networks Inc reported a 20 percent rise in quarterly revenue due to higher demand for its software-defined application services and security software.

The company's net income rose to $69.6 million, or 91 cents per share, in the second quarter ended March 31 from $63.4 million, or 80 cents per share, a year earlier.

Revenue rose to $420 million from $350.2 million.

F5 supplies data traffic management equipment to companies such as Facebook Inc, Pandora Media Ltd, MakeMyTrip Ltd and to the U.S. government. (Reporting by Lehar Maan in Bangalore; Editing by Kirti Pandey)

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