F5 Networks third-quarter revenue rises 19 pct

July 23 Wed Jul 23, 2014 4:17pm EDT

July 23 (Reuters) - Network equipment maker F5 Networks Inc reported a 19 percent rise in third-quarter revenue, helped by strong sales of its data traffic management and network security products.

Net income for the quarter ended June 30 rose to $79.5 million, or $1.05 per share, from $68.2 million, or 86 cents per share, a year earlier.

Revenue rose to $440.3 million from $370.3 million.

(Reporting By Subrat Patnaik in Bangalore; Editing by Robin Paxton)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.