8-KEarnings & ResultsOther EventsExhibits & Filings

F5, INC. 8-K Report, Financial Results (Jul 25, 2007)

Filed July 25, 2007For Securities:FFIV

Summary

F5 Networks, Inc. (FFIV) filed an 8-K on July 25, 2007, primarily to report its financial results for the third quarter ended June 30, 2007, and to announce a significant corporate action. The company's Board of Directors approved a two-for-one forward stock split of its common stock, effective with shares outstanding as of August 10, 2007. This split will also necessitate an increase in the company's authorized shares from 100 million to 200 million to accommodate the increased share count.

Key Highlights

  • 1F5 Networks announced its financial results for the third quarter ended June 30, 2007.
  • 2The company's Board of Directors approved a two-for-one forward stock split for its common stock.
  • 3The stock split will be executed as a stock dividend, with one additional share issued for every share held.
  • 4The record date for the stock split is August 10, 2007.
  • 5New shares from the stock split will begin trading on a split-adjusted basis on August 20, 2007.
  • 6The company will amend its articles of incorporation to increase authorized common stock from 100 million to 200 million.
  • 7The press release containing both earnings information and the stock split announcement is attached as Exhibit 99.1.

Frequently Asked Questions

The 8-K filing serves two main purposes: to report F5 Networks' financial results for the third quarter ended June 30, 2007, and to announce a two-for-one forward stock split approved by the Board of Directors.

The stock split will be effective for shareholders of record as of August 10, 2007. New shares will trade on a split-adjusted basis starting August 20, 2007.

F5 Networks is increasing its authorized number of common stock shares from 100 million to 200 million concurrently with the two-for-one stock split to ensure it has sufficient authorized shares to cover the increased number of shares outstanding after the split.

Yes, this filing refers to a press release (Exhibit 99.1) that contains the company's financial results for the third quarter ended June 30, 2007. Investors would need to refer to that attached press release for the specific financial figures.