f5 is upbeat on results

During Q3, solid top line results marked F5’s 22^nd consecutive quarter of sequential growth, driven by strong execution in its core business. Revenue for the third quarter of fiscal 2008 was $165.6 million, above the guided range. Product revenue of $114.8 million represented 69% of total revenue. Service revenue of $50.8 million accounted for 31%. Book to bill for the quarter was greater than one.

On a geographic basis, the Americas represented 58% of revenue, EMEA accounted for 21% and APAC was 13%.

John McAdam, President and CEO: “EMEA we were very happy with. Their year over year growth has been fantastic, and the comparison was pretty tough. But they had a pretty solid quarter. Clearly, as we go into this Q4, EMEA tends to be somewhat flat to maybe slightly up given the seasonality, but that’s very normal so we’re very, very happy with that geography. We don’t see any issues – I think it’s going to keep growing aggressively year on year.”