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TTMoon
2021-10-14
$SoFi Technologies Inc.(SOFI)$
great day
TTMoon
2021-09-23
Comment n like pls.
Microsoft shows off revamped line of Surface devices
TTMoon
2021-09-17
Like.
3 Top Growth Stocks You Can Buy and Hold Forever
TTMoon
2021-09-10
$Ford(F)$
come on!
TTMoon
2021-09-10
Agree
@Godddy:
$AMD(AMD)$
so slowww
TTMoon
2021-09-08
Agree! Patience!
@LilacDreams:
$UiPath(PATH)$
Patience patience , buy because value of Automation for productivity! Automation is the future ~~ 👍👍
TTMoon
2021-09-04
$Arcimoto, Inc.(FUV)$
when is your turn to fly
TTMoon
2021-09-02
$HIVE Blockchain Technologies Ltd.(HVBT)$
steady is the key.
TTMoon
2021-08-31
$HIVE Blockchain Technologies Ltd.(HVBT)$
steady steady
TTMoon
2021-08-29
Looking forward
抱歉,原内容已删除
TTMoon
2021-08-29
Comment!
This Unloved Tech Stock Could Make You Rich One Day
TTMoon
2021-08-27
$Euro Tech(CLWT)$
exactly..
TTMoon
2021-08-26
$X Financial(XYF)$
ohhhh dear... Why I didn't cut loss
TTMoon
2021-08-26
It will rise!
@MarcuzK:
$Alibaba(BABA)$
hold long long
TTMoon
2021-08-25
$Huya Inc.(HUYA)$
come on come on!!
TTMoon
2021-08-23
$NIO Inc.(NIO)$
shld I add positions?
TTMoon
2021-08-23
$Apple(AAPL)$
go on up
TTMoon
2021-08-17
$Starbucks(SBUX)$
this should be the model for all our stocks. Lol
TTMoon
2021-08-16
Interesting!
Here's Why This Small-Cap Is One of My Largest Stock Investments
TTMoon
2021-08-16
$Wideopenwest Inc.(WOW)$
wow.....
去老虎APP查看更多动态
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pls.","listText":"Comment n like pls.","text":"Comment n like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/863688503","repostId":"1163750612","repostType":4,"repost":{"id":"1163750612","kind":"news","pubTimestamp":1632383447,"share":"https://www.laohu8.com/m/news/1163750612?lang=&edition=full","pubTime":"2021-09-23 15:50","market":"us","language":"en","title":"Microsoft shows off revamped line of Surface devices","url":"https://stock-news.laohu8.com/highlight/detail?id=1163750612","media":"seekingalpha","summary":"Eight days after Apple(NASDAQ:AAPL)unveiled a revamped line of iPhones and iPads, Microsoft(NASDAQ:M","content":"<ul>\n <li>Eight days after Apple(NASDAQ:AAPL)unveiled a revamped line of iPhones and iPads, Microsoft(NASDAQ:MSFT)on Wednesdaytook the wraps off a new set of Surface productsas part of an effort to stoke enthusiasm for the upcoming release of the Windows 11 operating systems.</li>\n <li>Microsoft (MSFT) new products include the new Surface Laptop Studio that will replace the company's current Surface Laptop. 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The new smartphone will start at $1,500 and comes with two 5.8-inch screens that can be used individually, or as one 8.3 inch screen.</li>\n <li>The company said the new devices can be pre-ordered starting Wednesday, and will be available on Oct. 11, the same day that Windows 11 and upgrades to the Office suite of software will be released.</li>\n <li>Microsoft recently made some headlines when it hired an executive away from Amazon(NASDAQ:AMZN)to head up its cybersecurity business.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft shows off revamped line of Surface devices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft shows off revamped line of Surface devices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 15:50 GMT+8 <a href=https://seekingalpha.com/news/3742780-microsoft-shows-off-revamped-line-of-surface-devices><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Eight days after Apple(NASDAQ:AAPL)unveiled a revamped line of iPhones and iPads, Microsoft(NASDAQ:MSFT)on Wednesdaytook the wraps off a new set of Surface productsas part of an effort to stoke ...</p>\n\n<a href=\"https://seekingalpha.com/news/3742780-microsoft-shows-off-revamped-line-of-surface-devices\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/news/3742780-microsoft-shows-off-revamped-line-of-surface-devices","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1163750612","content_text":"Eight days after Apple(NASDAQ:AAPL)unveiled a revamped line of iPhones and iPads, Microsoft(NASDAQ:MSFT)on Wednesdaytook the wraps off a new set of Surface productsas part of an effort to stoke enthusiasm for the upcoming release of the Windows 11 operating systems.\nMicrosoft (MSFT) new products include the new Surface Laptop Studio that will replace the company's current Surface Laptop. The new notebook PC comes with a $1,600 price tag and a 14-inch screen that can be angled to cover its keyboard.\nThe company also debuted three new Surface tablets designed to cover different consumer needs. At the high end is the Surface Pro 8 tablet, with a 13-inch screen and $1,100 starting price tag. A new Surface Pro X tablet that is wi-fi only costs $900, and the new Surface Go 3, which is smaller version of the Surface Pro, will start at $400.\nMicrosoft also showed off a new, foldable, Surface Duo 2 smartphone in an effort to make up for last year's poorly received Surface Duo phone. The new smartphone will start at $1,500 and comes with two 5.8-inch screens that can be used individually, or as one 8.3 inch screen.\nThe company said the new devices can be pre-ordered starting Wednesday, and will be available on Oct. 11, the same day that Windows 11 and upgrades to the Office suite of software will be released.\nMicrosoft recently made some headlines when it hired an executive away from Amazon(NASDAQ:AMZN)to head up its cybersecurity business.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884839612,"gmtCreate":1631876457436,"gmtModify":1632805656017,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Like.","listText":"Like.","text":"Like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884839612","repostId":"2167465575","repostType":4,"repost":{"id":"2167465575","kind":"highlight","pubTimestamp":1631868391,"share":"https://www.laohu8.com/m/news/2167465575?lang=&edition=full","pubTime":"2021-09-17 16:46","market":"us","language":"en","title":"3 Top Growth Stocks You Can Buy and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2167465575","media":"Motley Fool","summary":"There will be no need to check on how they're doing every day.","content":"<p>Do you want an investment that you can just buy and forget about, regardless of what's happening in the stock market every day? You don't have to settle for boring old dividend stocks to fit that purpose. There are plenty of good growth investments that are not only safe but also likely to continue increasing in value over the years as their financials get stronger. And some of them even pay dividends, too.</p>\n<p>Three stocks to put on your list if you're a buy-and-hold investor are <b>Abbott Laboratories </b>(NYSE:ABT), <b>Palantir Technologies </b>(NYSE:PLTR), and <b>Walmart </b>(NYSE:WMT). These businesses have been generating strong results and make for safe long-term investments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a428385363a66df0dbd08bd021098d5\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>1. Abbott Laboratories</h2>\n<p>Abbott Laboratories is a robust healthcare business that makes for an ideal set-and-forget investment. While COVID-19 testing has given its top line some added growth, the company is diverse. That's <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the big reasons you can safely hang on to the stock for years or even decades.</p>\n<p>When Abbott last reported earnings on July 22, its sales for the period ending June 30 topped $10.2 billion, up by nearly 40% year over year. Much of that growth did come from its diagnostics segment, where sales of $3.3 billion increased by an impressive 63%. However, medical device revenue was higher at $3.7 billion, up more than 51%. The company gives investors the best of both worlds -- its stock can benefit both from an uptick in COVID-19 testing and from a post-pandemic return to normal (as indicated by an increase in medical device sales).</p>\n<p>Historically, Abbott has generated solid gross margins of at least 55% in each of the past five years. A strong margin is important to ensure that as the business grows, so too will its bottom line. In 2020, the company's operating profit of $5.4 billion was more than triple the $1.7 billion it earned just three years earlier.</p>\n<p>Another reason Abbott is a good buy-and-forget stock is its dividend. Today, it yields 1.4%, which isn't much higher than the <b>S&P 500 </b>average of 1.3%. However, with the company just one more dividend increase away from becoming a Dividend King, it's safe to assume that you'll likely collect more on your initial investment over time. Whether you like recurring income or long-term growth (or both!), odds are you'll love Abbott Laboratories stock.</p>\n<h2>2. Palantir</h2>\n<p>Tech company Palantir is another business that has the makings of a solid long-term investment. Not only is it growing at an impressive rate, but the company also has many government customers that rely on its software platform for help with counterterrorism operations, anchoring its financials. One of the company's opportunities for long-term growth is in expanding its commercial customers. Palantir has been doing this, though government-related revenue still makes up more than 60% of its top line.</p>\n<p>In its second-quarter results (for the period ending June 30), Palantir reported revenue of $376 million, up 49% from the prior-year period. Particularly impressive was its U.S. commercial revenue, which grew at a rate of 90%. And the number of commercial customers was up 61% from the start of the year. Palantir maintains that its revenue will grow at an annual rate of at least 30% though 2025.</p>\n<p>Although the company has continually reported net losses since going public a year ago, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q2 totaled $121 million, making up 32% of revenue. And over the trailing 12 months, Palantir has reported positive free cash flow of $62 million.</p>\n<p>With more growth on the horizon and the company already being cash flow positive, this is another promising stock that all growth investors should consider buying shares of.</p>\n<h2>3. Walmart</h2>\n<p>Big-box retail chain Walmart is a business you know isn't going anywhere. Like Abbott, it also pays a modest dividend (1.5%), and it is two years away from becoming a Dividend King. For investors who love a boring stock that they can count on for recurring revenue, Walmart's an easy pick.</p>\n<p>But that's not to say sales won't continue to grow. The business has been expanding into healthcare, and the launch of subscription service Walmart+ last year suggests that it is willing to take on e-commerce giant <b>Amazon</b> head-on for growth opportunities online.</p>\n<p>A company the size of Walmart, which generated nearly $26 billion in free cash flow in its most recent fiscal year, can afford to spend money on multiple growth initiatives. While its gross margin of 25% isn't great, Walmart can still do well and turn a profit because of its sheer size; a small 2% net margin on $559 billion in revenue for fiscal 2021 still resulted in more than $13 billion in net income.</p>\n<p>And while the surge in e-commerce sales may be slowing down from a year ago when consumers were stuck at home, the retailer still reported that U.S. e-commerce sales grew 6% year over year in its latest quarter, for the period ending July 31. Despite reopenings and more shopping options available to consumers, the company's sales growth remained positive, up 2.4% from the same period last year.</p>\n<p>Walmart is the ultimate safe stock to buy for investors who just want an investment they won't have to worry about over the years.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Growth Stocks You Can Buy and Hold Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Growth Stocks You Can Buy and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 16:46 GMT+8 <a href=https://www.fool.com/investing/2021/09/16/3-top-growth-stocks-you-can-buy-and-hold-forever/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Do you want an investment that you can just buy and forget about, regardless of what's happening in the stock market every day? You don't have to settle for boring old dividend stocks to fit that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/16/3-top-growth-stocks-you-can-buy-and-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","WMT":"沃尔玛","ABT":"雅培"},"source_url":"https://www.fool.com/investing/2021/09/16/3-top-growth-stocks-you-can-buy-and-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167465575","content_text":"Do you want an investment that you can just buy and forget about, regardless of what's happening in the stock market every day? You don't have to settle for boring old dividend stocks to fit that purpose. There are plenty of good growth investments that are not only safe but also likely to continue increasing in value over the years as their financials get stronger. And some of them even pay dividends, too.\nThree stocks to put on your list if you're a buy-and-hold investor are Abbott Laboratories (NYSE:ABT), Palantir Technologies (NYSE:PLTR), and Walmart (NYSE:WMT). These businesses have been generating strong results and make for safe long-term investments.\nImage source: Getty Images.\n1. Abbott Laboratories\nAbbott Laboratories is a robust healthcare business that makes for an ideal set-and-forget investment. While COVID-19 testing has given its top line some added growth, the company is diverse. That's one of the big reasons you can safely hang on to the stock for years or even decades.\nWhen Abbott last reported earnings on July 22, its sales for the period ending June 30 topped $10.2 billion, up by nearly 40% year over year. Much of that growth did come from its diagnostics segment, where sales of $3.3 billion increased by an impressive 63%. However, medical device revenue was higher at $3.7 billion, up more than 51%. The company gives investors the best of both worlds -- its stock can benefit both from an uptick in COVID-19 testing and from a post-pandemic return to normal (as indicated by an increase in medical device sales).\nHistorically, Abbott has generated solid gross margins of at least 55% in each of the past five years. A strong margin is important to ensure that as the business grows, so too will its bottom line. In 2020, the company's operating profit of $5.4 billion was more than triple the $1.7 billion it earned just three years earlier.\nAnother reason Abbott is a good buy-and-forget stock is its dividend. Today, it yields 1.4%, which isn't much higher than the S&P 500 average of 1.3%. However, with the company just one more dividend increase away from becoming a Dividend King, it's safe to assume that you'll likely collect more on your initial investment over time. Whether you like recurring income or long-term growth (or both!), odds are you'll love Abbott Laboratories stock.\n2. Palantir\nTech company Palantir is another business that has the makings of a solid long-term investment. Not only is it growing at an impressive rate, but the company also has many government customers that rely on its software platform for help with counterterrorism operations, anchoring its financials. One of the company's opportunities for long-term growth is in expanding its commercial customers. Palantir has been doing this, though government-related revenue still makes up more than 60% of its top line.\nIn its second-quarter results (for the period ending June 30), Palantir reported revenue of $376 million, up 49% from the prior-year period. Particularly impressive was its U.S. commercial revenue, which grew at a rate of 90%. And the number of commercial customers was up 61% from the start of the year. Palantir maintains that its revenue will grow at an annual rate of at least 30% though 2025.\nAlthough the company has continually reported net losses since going public a year ago, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q2 totaled $121 million, making up 32% of revenue. And over the trailing 12 months, Palantir has reported positive free cash flow of $62 million.\nWith more growth on the horizon and the company already being cash flow positive, this is another promising stock that all growth investors should consider buying shares of.\n3. Walmart\nBig-box retail chain Walmart is a business you know isn't going anywhere. Like Abbott, it also pays a modest dividend (1.5%), and it is two years away from becoming a Dividend King. For investors who love a boring stock that they can count on for recurring revenue, Walmart's an easy pick.\nBut that's not to say sales won't continue to grow. The business has been expanding into healthcare, and the launch of subscription service Walmart+ last year suggests that it is willing to take on e-commerce giant Amazon head-on for growth opportunities online.\nA company the size of Walmart, which generated nearly $26 billion in free cash flow in its most recent fiscal year, can afford to spend money on multiple growth initiatives. While its gross margin of 25% isn't great, Walmart can still do well and turn a profit because of its sheer size; a small 2% net margin on $559 billion in revenue for fiscal 2021 still resulted in more than $13 billion in net income.\nAnd while the surge in e-commerce sales may be slowing down from a year ago when consumers were stuck at home, the retailer still reported that U.S. e-commerce sales grew 6% year over year in its latest quarter, for the period ending July 31. Despite reopenings and more shopping options available to consumers, the company's sales growth remained positive, up 2.4% from the same period last year.\nWalmart is the ultimate safe stock to buy for investors who just want an investment they won't have to worry about over the years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881039101,"gmtCreate":1631280563503,"gmtModify":1631884993119,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>come on!","listText":"<a href=\"https://laohu8.com/S/F\">$Ford(F)$</a>come on!","text":"$Ford(F)$come on!","images":[{"img":"https://static.tigerbbs.com/c4b8e081f9d2f27cb95cb1b7dc65c7f2","width":"1080","height":"3680"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881039101","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":881030420,"gmtCreate":1631280522960,"gmtModify":1631888360583,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/881030420","repostId":"883461412","repostType":1,"repost":{"id":883461412,"gmtCreate":1631263698736,"gmtModify":1631884304948,"author":{"id":"3586414813423464","authorId":"3586414813423464","name":"Godddy","avatar":"https://static.tigerbbs.com/31cc8b9a10f9eb58e8842318945f46ae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586414813423464","authorIdStr":"3586414813423464"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>so slowww","listText":"<a href=\"https://laohu8.com/S/AMD\">$AMD(AMD)$</a>so slowww","text":"$AMD(AMD)$so slowww","images":[{"img":"https://static.tigerbbs.com/ecec0013d06e4dc366d5afe90675f388","width":"1080","height":"3255"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/883461412","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889312752,"gmtCreate":1631109430676,"gmtModify":1631891534692,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Agree! Patience!","listText":"Agree! Patience!","text":"Agree! Patience!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889312752","repostId":"889048615","repostType":1,"repost":{"id":889048615,"gmtCreate":1631096777537,"gmtModify":1631884338015,"author":{"id":"3562629420075347","authorId":"3562629420075347","name":"LilacDreams","avatar":"https://static.tigerbbs.com/100d6fc4267bdb062fd5eef0012f8692","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562629420075347","authorIdStr":"3562629420075347"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>Patience patience , buy because value of Automation for productivity! Automation is the future ~~ 👍👍","listText":"<a href=\"https://laohu8.com/S/PATH\">$UiPath(PATH)$</a>Patience patience , buy because value of Automation for productivity! Automation is the future ~~ 👍👍","text":"$UiPath(PATH)$Patience patience , buy because value of Automation for productivity! Automation is the future ~~ 👍👍","images":[{"img":"https://static.tigerbbs.com/2afcf7ed463da9c07c2a7112541a95f0","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/889048615","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814351990,"gmtCreate":1630768751010,"gmtModify":1631889002375,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FUV\">$Arcimoto, Inc.(FUV)$</a>when is your turn to fly","listText":"<a href=\"https://laohu8.com/S/FUV\">$Arcimoto, Inc.(FUV)$</a>when is your turn to fly","text":"$Arcimoto, Inc.(FUV)$when is your turn to fly","images":[{"img":"https://static.tigerbbs.com/7c3d38b478787bda5f4a5cae91a3752c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814351990","isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":812232005,"gmtCreate":1630589807407,"gmtModify":1631888248906,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HVBT\">$HIVE Blockchain Technologies Ltd.(HVBT)$</a>steady is the key. ","listText":"<a href=\"https://laohu8.com/S/HVBT\">$HIVE Blockchain Technologies Ltd.(HVBT)$</a>steady is the key. ","text":"$HIVE Blockchain Technologies Ltd.(HVBT)$steady is the key.","images":[{"img":"https://static.tigerbbs.com/19bdaeaf06e35df459e2d534121b48f7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/812232005","isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818595146,"gmtCreate":1630418102385,"gmtModify":1631888248915,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HVBT\">$HIVE Blockchain Technologies Ltd.(HVBT)$</a>steady steady","listText":"<a href=\"https://laohu8.com/S/HVBT\">$HIVE Blockchain Technologies Ltd.(HVBT)$</a>steady steady","text":"$HIVE Blockchain Technologies Ltd.(HVBT)$steady steady","images":[{"img":"https://static.tigerbbs.com/a85926b205dc6abf109a7bcd27771048","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/818595146","isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":813709636,"gmtCreate":1630240977925,"gmtModify":1704957374318,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Looking forward","listText":"Looking forward","text":"Looking forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/813709636","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813700970,"gmtCreate":1630240701790,"gmtModify":1704957372068,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Comment!","listText":"Comment!","text":"Comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813700970","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","kind":"news","pubTimestamp":1630201285,"share":"https://www.laohu8.com/m/news/1129129956?lang=&edition=full","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company merger. In a race to disrupt residential ","content":"<p>Key Points</p>\n<ul>\n <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>\n <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>\n <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li>\n</ul>\n<p></p>\n<p>Real estate iBuying company <b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p>\n<p>Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p>\n<h3>1. Opendoor is winning the iBuying battle</h3>\n<p>The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p>\n<p>Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p>\n<p>After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including <b>Zillow Group</b> and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p>\n<p>According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p>\n<h3>2. Revenue growth is ahead of schedule</h3>\n<p>When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p>\n<p>Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p>\n<p>In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p>\n<h3>3. SPACs are out of favor with the market... opportunity?</h3>\n<p>Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p>\n<p>Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p>\n<p>But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p>\n<p>Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p>\n<h3>Here's the bottom line</h3>\n<p>Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Unloved Tech Stock Could Make You Rich One Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Unloved Tech Stock Could Make You Rich One Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 09:41 GMT+8 <a href=https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819205387,"gmtCreate":1630070875849,"gmtModify":1704955489366,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLWT\">$Euro Tech(CLWT)$</a>exactly..","listText":"<a href=\"https://laohu8.com/S/CLWT\">$Euro Tech(CLWT)$</a>exactly..","text":"$Euro Tech(CLWT)$exactly..","images":[{"img":"https://static.tigerbbs.com/004ee1201977bb32d666ef995e6b2d3e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819205387","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810585778,"gmtCreate":1629986746594,"gmtModify":1704954218068,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XYF\">$X Financial(XYF)$</a>ohhhh dear... Why I didn't cut loss","listText":"<a href=\"https://laohu8.com/S/XYF\">$X Financial(XYF)$</a>ohhhh dear... Why I didn't cut loss","text":"$X Financial(XYF)$ohhhh dear... Why I didn't cut loss","images":[{"img":"https://static.tigerbbs.com/6b5ba3a8921fb644fba8acadfdd325cc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/810585778","isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810589451,"gmtCreate":1629986529673,"gmtModify":1704954208920,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"It will rise!","listText":"It will rise!","text":"It will rise!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810589451","repostId":"810268872","repostType":1,"repost":{"id":810268872,"gmtCreate":1629981567196,"gmtModify":1633681047460,"author":{"id":"3563243258535559","authorId":"3563243258535559","name":"MarcuzK","avatar":"https://static.tigerbbs.com/41fde116200c232379312d26e2768f6e","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3563243258535559","authorIdStr":"3563243258535559"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>hold long long","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>hold long long","text":"$Alibaba(BABA)$hold long long","images":[{"img":"https://static.tigerbbs.com/8b86a3c9ee0dfcc9befb96f59c7fb047","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810268872","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837483694,"gmtCreate":1629905228418,"gmtModify":1631883880124,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>come on come on!!","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>come on come on!!","text":"$Huya Inc.(HUYA)$come on come on!!","images":[{"img":"https://static.tigerbbs.com/8354451694ccb945eeb11d0d71b3986d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837483694","isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":835576643,"gmtCreate":1629729220582,"gmtModify":1631891534705,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>shld I add positions?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>shld I add positions?","text":"$NIO Inc.(NIO)$shld I add positions?","images":[{"img":"https://static.tigerbbs.com/4ec22f27d3a74b7111118cb197eb205c","width":"1080","height":"3693"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/835576643","isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":835578157,"gmtCreate":1629729180479,"gmtModify":1631891534711,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>go on up","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>go on up","text":"$Apple(AAPL)$go on up","images":[{"img":"https://static.tigerbbs.com/82c9ea56404cfee81918cdd9360d16fd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835578157","isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":833125819,"gmtCreate":1629211492931,"gmtModify":1631885855966,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>this should be the model for all our stocks. Lol","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>this should be the model for all our stocks. Lol","text":"$Starbucks(SBUX)$this should be the model for all our stocks. Lol","images":[{"img":"https://static.tigerbbs.com/2cf4c704c45b61a33301333cb1ab45c6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833125819","isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839164839,"gmtCreate":1629127632221,"gmtModify":1631891534711,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Interesting!","listText":"Interesting!","text":"Interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839164839","repostId":"2159722368","repostType":4,"repost":{"id":"2159722368","kind":"highlight","pubTimestamp":1629126780,"share":"https://www.laohu8.com/m/news/2159722368?lang=&edition=full","pubTime":"2021-08-16 23:13","market":"us","language":"en","title":"Here's Why This Small-Cap Is One of My Largest Stock Investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2159722368","media":"Motley Fool","summary":"Most of my large positions are big companies, but this is an exception.","content":"<p>Most of my stock portfolio is filled with larger companies that have been around for a decade or more, but <b><a href=\"https://laohu8.com/S/BOMN\">Boston Omaha Corporation</a></b> (NASDAQ:BOMN) is <a href=\"https://laohu8.com/S/AONE.U\">one</a> big exception. And not only do I have shares of Boston Omaha, but it's one of my largest stock positions. In this <i>Motley</i> <i>Fool Live</i> video clip, <b>recorded on Aug. 2</b>, I discuss why I'm such a big fan of Boston Omaha with <i>Industry Focus</i> host Jason Moser.</p>\n<p><b>Matt Frankel:</b> What do you think of Boston Omaha as a stand-alone company? I have a small position I might add to. Well, I mentioned earlier that that's my third largest stock holding, so that should tell you what I think of it. For a little more color, I like what they're trying to do and I feel like they're very misunderstood by the market. They're losing money right now, their businesses are not profitable. They have three main businesses, they have billboard advertising, surety insurance, which is something that a lot of professionals have to have, and they have rural broadband service. All of them have fantastic economics especially at scale, none of them are big enough in Boston Omaha's portfolio to really generate a good profit yet. For example, their rural broadband business has an 85% gross margin right now. A lot of upfront capital is required to get that service out to people. Over time, that should turn into a big high-margin stream of income. The same could be said for all of their business lines, I like that they are willing to invest in minority stakes in businesses. I like that they're being like a 21st century conglomerate and getting into the SPAC game. Like I mentioned, that they are pretty much the only company that has allowed investors to participate in the sponsor side of the SPAC business. I'm a big fan, it's not a low-risk investment. If it was easy to build the next Berkshire Hathaway, everybody would do it.</p>\n<p><b>Jason Moser:</b> It's a good point.</p>\n<p><b>Frankel:</b> Which is what they are trying to do essentially, is to build Berkshire like conglomerate over the years. That one could be a massive company when I'm ready to retire, or it could be a mediocre return over time. But I love what they're trying to do, I think their execution has been fantastic so far. Remember they invested $10 million in <b>Dream Finders Homes</b> (NASDAQ:DFH) and that stake is worth over a $100 million now, excellent capital allocation so far. On the surface, I'm a fan of the new SPAC deal they just announced, but I'd have to hear more before I can really comment on it. But I'm a big fan of Boston Omaha. I like their management, I like how down to earth they are. I read their shareholder letter recently which was delayed for a few reasons. You know what their big operational update was Jason?</p>\n<p><b>Moser:</b> What's that.</p>\n<p><b>Frankel:</b> They moved out of the CEO's mom's dining room this year, they were so cost-conscious. You know how Warren Buffett, even though they are a half trillion dollar conglomerate, they operate out of one single office in Omaha?</p>\n<p><b>Moser:</b> Yeah.</p>\n<p><b>Frankel:</b> Boston Omaha hasn't even had an office, they've been putting everything they had into the business. They finally got an office this year and that was the big operational update. The CEOs are so relatable and so down to Earth and you can just sense that they are all-in on this thing. They weren't thinking a salary up till I think last year, they were just working for free trying to really get this off the ground and build it the right way. Warren Buffett even takes a very nominal salary. One of the CEOs is Warren Buffett's grand nephew.</p>\n<p><b>Moser:</b> Yeah, I remember that.</p>\n<p><b>Frankel:</b> He even writes in the same tone. If you read the annual letter, there are parts where you could imagine Buffett saying the same words. I'm a big fan, I might even add to my position even though it's one of my largest, I just love it as a long-term investment. I think the downside risk is somewhat limited. It might not be the next <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B), it might not generate 20% annualized returns over the next 50 years, but that's OK. It should deliver nice returns, and I feel like the downside risk is somewhat limited based on what they are doing. Great capital allocation is one of the things I look for in CEOs, and they've done it so far. It's early, but they've done it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why This Small-Cap Is One of My Largest Stock Investments</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why This Small-Cap Is One of My Largest Stock Investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 23:13 GMT+8 <a href=https://www.fool.com/investing/2021/08/16/heres-why-this-small-cap-is-one-of-my-largest-stoc/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Most of my stock portfolio is filled with larger companies that have been around for a decade or more, but Boston Omaha Corporation (NASDAQ:BOMN) is one big exception. And not only do I have shares of...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/16/heres-why-this-small-cap-is-one-of-my-largest-stoc/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/08/16/heres-why-this-small-cap-is-one-of-my-largest-stoc/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159722368","content_text":"Most of my stock portfolio is filled with larger companies that have been around for a decade or more, but Boston Omaha Corporation (NASDAQ:BOMN) is one big exception. And not only do I have shares of Boston Omaha, but it's one of my largest stock positions. In this Motley Fool Live video clip, recorded on Aug. 2, I discuss why I'm such a big fan of Boston Omaha with Industry Focus host Jason Moser.\nMatt Frankel: What do you think of Boston Omaha as a stand-alone company? I have a small position I might add to. Well, I mentioned earlier that that's my third largest stock holding, so that should tell you what I think of it. For a little more color, I like what they're trying to do and I feel like they're very misunderstood by the market. They're losing money right now, their businesses are not profitable. They have three main businesses, they have billboard advertising, surety insurance, which is something that a lot of professionals have to have, and they have rural broadband service. All of them have fantastic economics especially at scale, none of them are big enough in Boston Omaha's portfolio to really generate a good profit yet. For example, their rural broadband business has an 85% gross margin right now. A lot of upfront capital is required to get that service out to people. Over time, that should turn into a big high-margin stream of income. The same could be said for all of their business lines, I like that they are willing to invest in minority stakes in businesses. I like that they're being like a 21st century conglomerate and getting into the SPAC game. Like I mentioned, that they are pretty much the only company that has allowed investors to participate in the sponsor side of the SPAC business. I'm a big fan, it's not a low-risk investment. If it was easy to build the next Berkshire Hathaway, everybody would do it.\nJason Moser: It's a good point.\nFrankel: Which is what they are trying to do essentially, is to build Berkshire like conglomerate over the years. That one could be a massive company when I'm ready to retire, or it could be a mediocre return over time. But I love what they're trying to do, I think their execution has been fantastic so far. Remember they invested $10 million in Dream Finders Homes (NASDAQ:DFH) and that stake is worth over a $100 million now, excellent capital allocation so far. On the surface, I'm a fan of the new SPAC deal they just announced, but I'd have to hear more before I can really comment on it. But I'm a big fan of Boston Omaha. I like their management, I like how down to earth they are. I read their shareholder letter recently which was delayed for a few reasons. You know what their big operational update was Jason?\nMoser: What's that.\nFrankel: They moved out of the CEO's mom's dining room this year, they were so cost-conscious. You know how Warren Buffett, even though they are a half trillion dollar conglomerate, they operate out of one single office in Omaha?\nMoser: Yeah.\nFrankel: Boston Omaha hasn't even had an office, they've been putting everything they had into the business. They finally got an office this year and that was the big operational update. The CEOs are so relatable and so down to Earth and you can just sense that they are all-in on this thing. They weren't thinking a salary up till I think last year, they were just working for free trying to really get this off the ground and build it the right way. Warren Buffett even takes a very nominal salary. One of the CEOs is Warren Buffett's grand nephew.\nMoser: Yeah, I remember that.\nFrankel: He even writes in the same tone. If you read the annual letter, there are parts where you could imagine Buffett saying the same words. I'm a big fan, I might even add to my position even though it's one of my largest, I just love it as a long-term investment. I think the downside risk is somewhat limited. It might not be the next Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B), it might not generate 20% annualized returns over the next 50 years, but that's OK. It should deliver nice returns, and I feel like the downside risk is somewhat limited based on what they are doing. Great capital allocation is one of the things I look for in CEOs, and they've done it so far. It's early, but they've done it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839166059,"gmtCreate":1629127395371,"gmtModify":1631891534715,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/WOW\">$Wideopenwest Inc.(WOW)$</a>wow.....","listText":"<a href=\"https://laohu8.com/S/WOW\">$Wideopenwest Inc.(WOW)$</a>wow.....","text":"$Wideopenwest Inc.(WOW)$wow.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/839166059","isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":151194250,"gmtCreate":1625066528970,"gmtModify":1631889143869,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RERE\">$AiHuiShou International Co. Ltd.(RERE)$</a>just when I lost all hope you rise again... Haizz.. Will wait for a good entry price again!!","listText":"<a href=\"https://laohu8.com/S/RERE\">$AiHuiShou International Co. Ltd.(RERE)$</a>just when I lost all hope you rise again... Haizz.. Will wait for a good entry price again!!","text":"$AiHuiShou International Co. Ltd.(RERE)$just when I lost all hope you rise again... Haizz.. Will wait for a good entry price again!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151194250","isVote":1,"tweetType":1,"viewCount":1356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835576643,"gmtCreate":1629729220582,"gmtModify":1631891534705,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>shld I add positions?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>shld I add positions?","text":"$NIO Inc.(NIO)$shld I add positions?","images":[{"img":"https://static.tigerbbs.com/4ec22f27d3a74b7111118cb197eb205c","width":"1080","height":"3693"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/835576643","isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":839168101,"gmtCreate":1629127356503,"gmtModify":1631891534721,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Like pls.","listText":"Like pls.","text":"Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/839168101","repostId":"2159246902","repostType":4,"repost":{"id":"2159246902","kind":"highlight","pubTimestamp":1629082874,"share":"https://www.laohu8.com/m/news/2159246902?lang=&edition=full","pubTime":"2021-08-16 11:01","market":"us","language":"en","title":"What the collapse of the Afghan government might mean for the U.S. stock market","url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","media":"MarketWatch","summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","content":"<p>After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.</p>\n<p>However, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.</p>\n<p>\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.</p>\n<p>\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.</p>\n<p>Futures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.</p>\n<p>The benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.</p>\n<p>Taliban fighters took over Kabul , fearing retaliation in the new regime.</p>\n<p>President Joe Biden has rushed 5,000 troops to Kabul .</p>\n<p>The U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .</p>\n<p>Biden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.</p>\n<p>For the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.</p>\n<p>The Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.</p>\n<p><img src=\"https://static.tigerbbs.com/502f052f480a29bd870006528642c220\" tg-width=\"1064\" tg-height=\"648\" referrerpolicy=\"no-referrer\"></p>\n<p>It's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.</p>\n<p>Historically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.</p>\n<p>The U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.</p>\n<p>Markets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.</p>\n<p>Still, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.</p>\n<p>Northrop Grumman Corp.'s stock <a href=\"https://laohu8.com/S/NOC\">$(NOC)$</a> is up nearly 880% and Lockeed Martin Corp.'s shares <a href=\"https://laohu8.com/S/LMT\">$(LMT)$</a> are up 834% since 2001, while Boeing Co. <a href=\"https://laohu8.com/S/BA\">$(BA)$</a> is up 439%, and General Dynamics Corp. <a href=\"https://laohu8.com/S/GD\">$(GD)$</a> is up over 422%, all of which outperformed the broader market during that period.</p>\n<p>So far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.</p>\n<p>One popular way to play defense contractors broadly is the <a href=\"https://laohu8.com/S/EEME\">iShares</a> U.S. Aerospace & Defense <a href=\"https://laohu8.com/S/ITA\">$(ITA)$</a> exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF <a href=\"https://laohu8.com/S/XAR.UK\">$(XAR.UK)$</a>, which kicked off in 2011, is up 7% year to date.</p>\n<p>Overall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.</p>\n<p>TDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"</p>\n<p>But don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.</p>\n<p>\"Markets don't always respond to geopolitical events the way you think.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 11:01 GMT+8 <a href=https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF","SH":"标普500反向ETF",".SPX":"S&P 500 Index","OEX":"标普100","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯","SSO":"两倍做多标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159246902","content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809539365,"gmtCreate":1627377211257,"gmtModify":1631888858793,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQBG\">$Sequential(SQBG)$</a>get ready for the.moon this week!!","listText":"<a href=\"https://laohu8.com/S/SQBG\">$Sequential(SQBG)$</a>get ready for the.moon this week!!","text":"$Sequential(SQBG)$get ready for the.moon this week!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/809539365","repostId":"2154964120","repostType":2,"repost":{"id":"2154964120","kind":"news","pubTimestamp":1627329900,"share":"https://www.laohu8.com/m/news/2154964120?lang=&edition=full","pubTime":"2021-07-27 04:05","market":"us","language":"en","title":"F5 Reports Third Quarter Fiscal Year 2021 Results Delivering Double-Digit Annual Revenue Growth for the Third Sequential Quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=2154964120","media":"Business Wire","summary":"SEATTLE, July 26, 2021--(BUSINESS WIRE)--F5 Networks, Inc. (NASDAQ: FFIV) today announced financial ","content":"<html><body><p><b>SEATTLE, July 26, 2021</b>--(BUSINESS WIRE)--F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal third quarter ended June 30, 2021.</p>\n<p>\"Our very strong third quarter results demonstrate the powerful alignment of F5’s expanded solution portfolio and our customers’ most important application needs,\" said François Locoh-Donou, F5’s President and CEO. \"Robust software growth and resilient demand for systems drove 12% GAAP revenue growth in our third quarter, and 11% revenue growth versus the prior year’s third quarter non-GAAP revenue.\"</p>\n<p>Locoh-Donou continued, \"Customers’ traditional applications are generating more revenue and more engagement than ever before. At the same time, customers also are accelerating adoption of modern application architectures, like Kubernetes, for new applications. With our expanded application security and delivery portfolio, we are uniquely positioned to solve our customers’ most significant modern and traditional application challenges on premises, in the cloud, and across multiple clouds.\"</p>\n<p><b>Third Quarter Performance Summary</b></p>\n<p>Third quarter fiscal year 2021 GAAP revenue was $652 million, up 12% from GAAP revenue of $583 million and up 11% from non-GAAP revenue of $586 million in the third quarter of fiscal year 2020. Third quarter fiscal year 2021 non-GAAP revenue growth was driven by 21% product revenue growth and 4% global services revenue growth over the prior year. Non-GAAP product revenue was driven by 34% software revenue growth and 13% systems revenue growth compared to the year ago period.</p>\n<p>GAAP net income for the third quarter of fiscal year 2021 was $90 million, or $1.46 per diluted share compared to third quarter fiscal year 2020 GAAP net income of $70 million, or $1.14 per diluted share.</p>\n<p>Non-GAAP net income for the third quarter of fiscal year 2021 was $169 million, or $2.76 per diluted share, compared to $134 million, or $2.18 per diluted share, in the third quarter of fiscal year 2020. Non-GAAP net income for the third quarter of fiscal year 2021 excludes $61 million in stock-based compensation, $24 million in acquisition-related charges, $13 million in amortization of purchased intangible assets, and $4 million in facility-exit costs.</p>\n<p>A reconciliation of revenue, net income, earnings per share, and other measures on a GAAP to non-GAAP basis is included in the attached Consolidated Income Statements. Additional information about non-GAAP financial information is included in this release.</p>\n<p><b>Business Outlook</b></p>\n<p>For the fourth quarter of fiscal year 2021 ending September 30, 2021, F5 expects to deliver revenue in the range of $660 million to $680 million, with non-GAAP earnings in the range of $2.68 to $2.80 per diluted share.</p>\n<p>All forward-looking non-GAAP measures included in the outlook exclude estimates for amortization of intangible assets, share-based compensation expenses, significant effects of tax legislation and judicial or administrative interpretation of tax regulations (including the impact of income tax reform), non-recurring income tax adjustments, valuation allowance on deferred tax assets, and the income tax effect of non-GAAP exclusions, and do not include the impact of any future acquisitions or divestitures, acquisition-related charges and write-downs, restructuring charges, facility exit costs, or other non-recurring charges that may occur in the period. F5 is unable to provide a reconciliation of non-GAAP earnings guidance measures to corresponding U.S. generally accepted accounting principles or GAAP measures on a forward-looking basis without unreasonable effort due to the overall high variability and low visibility of most of the foregoing items that have been excluded. Material changes to any <a href=\"https://laohu8.com/S/AONE.U\">one</a> of these items could have a significant effect on our guidance and future GAAP results. Certain exclusions, such as amortization of intangible assets and share-based compensation expenses, are generally incurred each quarter, but the amounts have historically varied and may continue to vary significantly from quarter to quarter.</p>\n<p><b>Live Webcast and Conference Call</b></p>\n<p>F5 will host a live webcast and conference call to review its financial results and outlook today, July 26, 2021, at 4:30 pm ET. The live webcast can be accessed from the investor relations portion of F5.com. To participate in the live call via telephone in the U.S. and Canada, dial (833) 714-0927. Outside the U.S. and Canada, dial +1 (778) 560-2886. Reference Meeting ID 529-4198. Please call at least 5 minutes prior to the call start time. The webcast replay will be archived on the investor relations portion of F5’s website.</p>\n<p><b>Forward Looking Statements </b></p>\n<p>This press release contains forward-looking statements including, among other things, statements regarding the continuing strength and momentum of F5’s business, past and future financial performance including revenue, operating targets, earnings and earnings per share ranges, demand for application security and delivery services, SaaS, and software products, expectations regarding future services and products, expectations regarding future customers, markets and the benefits of products, and other statements that are not historical facts and which are forward-looking statements. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors. Such forward-looking statements involve risks and uncertainties, as well as assumptions and other factors that, if they do not fully materialize or prove correct, could cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: customer acceptance of offerings; potential disruptions to F5’s business and distraction of management as F5 integrates acquired businesses, teams, and technologies; F5’s ability to successfully integrate acquired businesses’ products with F5 technologies; the ability of F5’s sales professionals and distribution partners to sell acquired businesses’ product and service offerings; the timely development, introduction and acceptance of additional new products and features by F5 or its competitors; competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into F5’s markets, and new product and marketing initiatives by our competitors; increased sales discounts; the business impact of the acquisition of Volterra and potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement of completion of the acquisition; uncertain global economic conditions which may result in reduced customer demand for our products and services and changes in customer payment patterns; potential disruptions to the global supply chain resulting in inability to source required parts for F5’s products or the ability to only do so at greatly increased prices thereby impacting our revenues and/or margins; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; litigation involving patents, intellectual property, shareholder and other matters, and governmental investigations; potential security flaws in the Company’s networks, products or services; cybersecurity attacks on its networks, products or services; natural catastrophic events; a pandemic or epidemic; F5’s ability to sustain, develop and effectively utilize distribution relationships; F5’s ability to attract, train and retain qualified product development, marketing, sales, professional services and customer support personnel; F5’s ability to expand in international markets; the unpredictability of F5’s sales cycle; the ability of F5 to execute on its share repurchase program including the timing of any repurchases; future prices of F5’s common stock; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K and other documents that we may file or furnish from time to time, which could cause actual results to vary from expectations. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in F5’s most recent reports on Forms 10-Q and 10-K as each may be amended from time to time. All forward-looking statements in this press release are based on information available as of the date hereof and qualified in their entirety by this cautionary statement. F5 assumes no obligation to revise or update these forward-looking statements.</p>\n<p><b>GAAP to non-GAAP Reconciliation</b></p>\n<p>F5’s management evaluates and makes operating decisions using various operating measures. These measures are generally based on the revenues of its products, services operations, and certain costs of those operations, such as cost of revenues, research and development, sales and marketing and general and administrative expenses. One such measure is GAAP net income excluding, as applicable, stock-based compensation, amortization of purchased intangible assets, acquisition-related charges, net of taxes, restructuring charges, facility-exit costs, significant litigation and other contingencies and certain non-recurring tax expenses and benefits, which is a non-GAAP financial measure under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. This measure of non-GAAP net income is adjusted by the amount of additional taxes or tax benefit that the company would accrue if it used non-GAAP results instead of GAAP results to calculate the company’s tax liability.</p>\n<p>The non-GAAP adjustments, and F5's basis for excluding them from non-GAAP financial measures, are outlined below:</p>\n<p><i>Acquisition-related write-downs of assumed deferred revenue. </i>Included in its GAAP financial statements, F5 records acquisition-related write-downs of assumed deferred revenue to fair value, which results in lower recognized revenue over the term of the contract. F5 includes revenue associated with acquisition-related write-downs of assumed deferred revenue in its non-GAAP financial measures as management believes it provides a more accurate depiction of revenue arising from our strategic acquisitions.</p>\n<p><i>Stock-based compensation.</i> Stock-based compensation consists of expense for stock options, restricted stock, and employee stock purchases through the company’s Employee Stock Purchase Plan. Although stock-based compensation is an important aspect of the compensation of F5’s employees and executives, management believes it is useful to exclude stock-based compensation expenses to better understand the long-term performance of the company’s core business and to facilitate comparison of the company’s results to those of peer companies.</p>\n<p><i>Amortization of purchased intangible assets.</i> Purchased intangible assets are amortized over their estimated useful lives and generally cannot be changed or influenced by management after the acquisition. Management does not believe these charges accurately reflect the performance of the company’s ongoing operations, therefore, they are not considered by management in making operating decisions. However, investors should note that the use of intangible assets contributed to F5’s revenues earned during the periods presented and will contribute to F5’s future period revenues as well.</p>\n<p><i>Facility-exit costs. </i>In fiscal year 2019, F5 relocated its headquarters in Seattle, Washington, and recorded charges in connection with this facility exit as well as other non-recurring lease activity. These charges are not representative of ongoing costs to the business and are not expected to recur. As a result, these charges are being excluded to provide investors with a more comparable measure of costs associated with ongoing operations.</p>\n<p><i>Acquisition-related charges, net.</i> F5 does not acquire businesses on a predictable cycle and the terms and scope of each transaction can vary significantly and are unique to each transaction. F5 excludes acquisition-related charges from its non-GAAP financial measures to provide a useful comparison of the company’s operating results to prior periods and to its peer companies. Acquisition-related charges consist of planning, execution and integration costs incurred directly as a result of an acquisition.</p>\n<p><i>Impairment charges. </i>In fiscal year 2021, F5 recorded impairment charges related to the permanent exit of certain floors at its Seattle headquarters. These charges are not representative of ongoing costs to the business and are not expected to recur. As a result, these charges are being excluded to provide investors with a more comparable measure of costs associated with ongoing operations.</p>\n<p><i>Restructuring charges.</i> F5 has incurred restructuring charges that are included in its GAAP financial statements, primarily related to workforce reductions and costs associated with exiting facility-lease commitments. F5 excludes these items from its non-GAAP financial measures when evaluating its continuing business performance as such items vary significantly based on the magnitude of the restructuring action and do not reflect expected future operating expenses. In addition, these charges do not necessarily provide meaningful insight into the fundamentals of current or past operations of its business.</p>\n<p>Management believes that non-GAAP net income per share provides useful supplemental information to management and investors regarding the performance of the company’s core business operations and facilitates comparisons to the company’s historical operating results. Although F5’s management finds this non-GAAP measure to be useful in evaluating the performance of the core business, management’s reliance on this measure is limited because items excluded from such measures could have a material effect on F5’s earnings and earnings per share calculated in accordance with GAAP. Therefore, F5’s management will use its non-GAAP earnings and earnings per share measures, in conjunction with GAAP earnings and earnings per share measures, to address these limitations when evaluating the performance of the company’s core business. Investors should consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures in accordance with GAAP.</p>\n<p>F5 believes that presenting its non-GAAP measures of earnings and earnings per share provides investors with an additional tool for evaluating the performance of the company’s core business and is used by management in its own evaluation of the company’s performance. Investors are encouraged to look at GAAP results as the best measure of financial performance. However, while the GAAP results are more complete, the company provides investors these supplemental measures since, with reconciliation to GAAP, it may provide additional insight into the company’s operational performance and financial results.</p>\n<p>For reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the section in our attached Condensed Consolidated Income Statements entitled \"Non-GAAP Financial Measures.\"</p>\n<p><b>About F5</b></p>\n<p>F5 (NASDAQ: FFIV) is a multi-cloud application security and delivery company that enables<b> </b>our customers—which include the world’s largest enterprises, financial institutions, service providers, and governments—to bring extraordinary digital experiences to life. For more information, go to f5.com. You can also follow @F5 on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> or visit us on LinkedIn and <a href=\"https://laohu8.com/S/FB\">Facebook</a> for more information about F5, its partners, and technologies.</p>\n<p>F5 is a trademark, service mark, or tradename of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.</p>\n<p>Source: F5 Networks</p>\n<table cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"8\" rowspan=\"1\"><b>F5 Networks, Inc.</b></td>\n</tr>\n<tr>\n<td colspan=\"8\" rowspan=\"1\"><b>Consolidated Balance Sheets</b></td>\n</tr>\n<tr>\n<td colspan=\"8\" rowspan=\"1\"><b>(unaudited, in thousands)</b></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"><p><b>June 30,</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"><p><b>September 30,</b></p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2021</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2020</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Assets</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Current assets</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cash and cash equivalents</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>583,811</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>849,556</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Short-term investments</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>184,108</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>360,333</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Accounts receivable, net of allowances of $3,866 and $3,105</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>382,897</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>296,183</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Inventories</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>22,649</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>27,898</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other current assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>293,246</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>259,506</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total current assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,466,711</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,793,476</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Property and equipment, net</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>196,780</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>229,239</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Operating lease right-of-use assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>253,163</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>300,680</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Long-term investments</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>95,222</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>102,939</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Deferred tax assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>128,809</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>45,173</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Goodwill</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,209,639</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,858,966</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other assets, net</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>434,797</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>347,447</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total assets</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,785,121</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,677,920</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Liabilities and Shareholders’ Equity </b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Current liabilities</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Accounts payable</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>49,372</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>64,472</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Accrued liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>334,288</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>321,398</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Deferred revenue</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>952,029</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>883,134</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Current portion of long-term debt</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>19,275</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>19,275</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total current liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,354,964</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,288,279</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Deferred tax liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,923</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>602</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Deferred revenue, long-term</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>488,581</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>389,498</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Operating lease liabilities, long-term</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>308,156</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>338,715</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Long-term debt</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>354,591</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>369,047</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other long-term liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>84,737</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>59,511</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total long-term liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,237,988</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,157,373</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Commitments and contingencies</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Shareholders’ equity</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Preferred stock, no par value; 10,000 shares authorized, no shares outstanding</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Common stock, no par value; 200,000 shares authorized, 60,299 and 61,099 shares issued and outstanding</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>133,994</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>305,453</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Accumulated other comprehensive loss</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(18,935</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(18,716</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Retained earnings</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,077,110</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,945,531</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total shareholders' equity</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,192,169</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,232,268</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total liabilities and shareholders' equity</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,785,121</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,677,920</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n</tbody>\n</table>\n<table cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"16\" rowspan=\"1\"><b>F5 Networks, Inc.</b></td>\n</tr>\n<tr>\n<td colspan=\"16\" rowspan=\"1\"><b>Consolidated Income Statements</b></td>\n</tr>\n<tr>\n<td colspan=\"16\" rowspan=\"1\"><b>(unaudited, in thousands, except per share amounts)</b></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"7\" rowspan=\"1\"><p><b>Three Months Ended</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"7\" rowspan=\"1\"><p><b>Nine Months Ended</b></p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"7\" rowspan=\"1\"><p><b>June 30,</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"7\" rowspan=\"1\"><p><b>June 30,</b></p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2021</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2020</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2021</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2020</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net revenues</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Products (1)</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>309,929</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>253,331</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>907,163</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>747,405</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Services</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>341,586</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>329,921</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,014,256</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>988,601</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>651,515</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>583,252</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,921,419</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,736,006</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cost of net revenues (2)(3)(4)(5)(6)</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Products</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>68,974</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>57,437</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>209,301</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>152,641</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Services</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>51,930</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>48,603</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>155,167</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>143,279</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>120,904</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>106,040</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>364,468</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>295,920</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Gross profit</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>530,611</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>477,212</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,556,951</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,440,086</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Operating expenses (2)(3)(4)(5)(6)</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales and marketing</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>237,375</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>211,808</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>696,829</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>622,799</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Research and development</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>133,283</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>115,991</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>387,927</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>321,024</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">General and administrative</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>63,541</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,792</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>204,534</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>194,809</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Restructuring charges</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>7,800</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>434,199</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>389,591</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,289,290</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,146,432</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Income from operations</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>96,412</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>87,621</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>267,661</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>293,654</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other income, net</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(2,163</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>141</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(4,223</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,220</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Income before income taxes</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>94,249</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>87,762</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>263,438</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>298,874</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Provision for income taxes</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,645</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>17,890</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>42,915</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>69,096</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>89,604</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>69,872</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>220,523</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>229,778</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income per share - basic</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1.49</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1.15</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3.63</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3.78</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Weighted average shares - basic</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>60,186</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>60,978</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>60,768</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>60,831</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income per share - diluted</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1.46</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1.14</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3.55</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3.76</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Weighted average shares - diluted</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,351</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,415</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>62,064</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,182</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Non-GAAP Financial Measures</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income as reported</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>89,604</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>69,872</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>220,523</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>229,778</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Acquisition-related write-downs of assumed deferred revenue</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,670</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,283</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,861</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Stock-based compensation expense</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,468</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>50,868</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>182,757</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>149,751</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Amortization of purchased intangible assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>12,931</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>10,676</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>35,843</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>23,884</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Facility-exit costs</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,472</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,545</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>10,873</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,556</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Acquisiton-related charges</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>23,584</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>13,443</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>69,227</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>45,162</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Impairment charges</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>33,825</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Restructuring charges</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>7,800</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Tax effects related to above items</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(22,943</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(16,044</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(68,604</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(41,450</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income excluding acquisition-related write-downs of assumed deferred revenue, stock-based compensation expense, amortization of purchased intangible assets, facility-exit costs, acquisition-related charges, impairment charges and restructuring charges (non-GAAP) - diluted</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>169,116</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>134,030</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>485,727</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>425,342</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income per share excluding acquisition-related write-downs of assumed deferred revenue, stock-based compensation expense, amortization of purchased intangible assets, facility-exit costs, acquisition-related charges, impairment charges and restructuring charges (non-GAAP) - diluted</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2.76</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2.18</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>7.83</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>6.95</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Weighted average shares - diluted</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,351</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,415</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>62,064</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,182</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">(1) GAAP net product revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>309,929</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>253,331</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>907,163</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>747,405</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Acquisition-related write-downs of assumed deferred revenue</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,670</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,283</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,861</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Non-GAAP net product revenues</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>309,929</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>256,001</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>908,446</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>752,266</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">GAAP net service revenues</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>341,586</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>329,921</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,014,256</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>988,601</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Acquisition-related write-downs of assumed deferred revenue</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Non-GAAP net service revenues</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>341,586</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>329,921</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,014,256</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>988,601</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Total non-GAAP net revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>651,515</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>585,922</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,922,702</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,740,867</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">(2) Includes stock-based compensation expense as follows:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cost of net revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>7,209</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>6,771</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>21,903</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>18,694</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales and marketing</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>26,399</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>21,784</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>78,682</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>66,188</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Research and development</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>17,342</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>13,145</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>50,046</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>36,904</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">General and administrative</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>10,518</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>9,168</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>32,126</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>27,965</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>61,468</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>50,868</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>182,757</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>149,751</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">(3) Includes amortization of purchased intangible assets as follows:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cost of net revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>9,507</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>7,382</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>25,688</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>16,432</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales and marketing</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,849</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,749</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>8,430</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,863</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">General and administrative</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>575</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>545</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,725</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,589</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>12,931</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>10,676</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>35,843</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>23,884</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">(4) Includes facility-exit costs as follows:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cost of net revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>770</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>342</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,926</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>843</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales and marketing</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,188</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>751</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3,051</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,828</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Research and development</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,474</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>776</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3,352</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,929</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">General and administrative</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,040</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>676</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,544</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>956</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,472</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,545</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>10,873</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,556</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">(5) Includes acquisition-related charges as follows:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cost of net revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>2,522</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>13</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales and marketing</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>8,525</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,675</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>23,213</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>9,448</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Research and development</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>11,681</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>547</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>25,120</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,327</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">General and administrative</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>3,378</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>7,221</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>18,372</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>34,374</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>23,584</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>13,443</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>69,227</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>45,162</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">(6) Includes impairment charges as follows:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cost of net revenues</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,388</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales and marketing</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>10,256</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Research and development</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>9,845</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">General and administrative</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>9,336</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>33,825</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n</tbody>\n</table>\n<table cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"8\" rowspan=\"1\"><b>F5 Networks, Inc.</b></td>\n</tr>\n<tr>\n<td colspan=\"8\" rowspan=\"1\"><b>Consolidated Statements of Cash Flows</b></td>\n</tr>\n<tr>\n<td colspan=\"8\" rowspan=\"1\"><b>(unaudited, in thousands)</b></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"7\" rowspan=\"1\"><p><b>Nine Months Ended</b></p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"7\" rowspan=\"1\"><p><b>June 30,</b></p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2021</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p><b>2020</b></p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Operating activities</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net income</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>220,523</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>229,778</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Adjustments to reconcile net income to net cash provided by operating activities:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Stock-based compensation</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>182,757</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>149,315</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Depreciation and amortization</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>84,985</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>69,337</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Non-cash operating lease costs</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>28,937</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>29,731</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Deferred income taxes</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(78,092</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,357</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Impairment of assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>40,698</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Non-cash provisions for exit costs</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>604</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>168</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Changes in operating assets and liabilities:</td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Accounts receivable</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(88,685</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>38,024</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Inventories</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,249</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>5,575</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other current assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(32,670</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(33,572</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Other assets</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(58,565</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(5,659</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Accounts payable and accrued liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>13,586</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(1,538</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Deferred revenue</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>167,199</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>37,934</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Lease liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(38,383</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(38,456</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net cash provided by operating activities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>448,143</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>484,994</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Investing activities</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Purchases of investments</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(255,259</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(390,696</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Maturities of investments</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>164,900</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>322,271</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Sales of investments</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>271,521</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>309,040</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Acquisition of businesses, net of cash acquired</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(411,319</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(955,574</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Purchases of property and equipment</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(23,534</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(47,857</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net cash used in investing activities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(253,691</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(762,816</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Financing activities</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>64,698</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>51,999</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Repurchase of common stock</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(500,000</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(50,009</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Proceeds from term debt agreement</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>400,000</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Payments on term debt agreement</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(15,000</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(5,000</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Payments for debt issuance costs</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(3,040</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Taxes paid related to net share settlement of equity awards</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(10,920</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>-</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net cash (used in) provided by financing activities</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(461,222</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>393,950</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Net (decrease) increase in cash, cash equivalents and restricted cash</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(266,770</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>116,128</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Effect of exchange rate changes on cash, cash equivalents and restricted cash</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>1,107</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>(856</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>)</p></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cash, cash equivalents and restricted cash, beginning of period</td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>852,826</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>602,254</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cash, cash equivalents and restricted cash, end of period</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>587,163</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>717,526</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"> </td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Supplemental disclosures of cash flow information</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cash paid for amounts included in the measurement of lease liabilities</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>46,178</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>45,399</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Cash paid for interest on long-term debt</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,003</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>4,330</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><b>Supplemental disclosures of non-cash activities</b></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"3\" rowspan=\"1\"></td>\n</tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Right-of-use assets obtained in exchange for lease obligations</td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>11,622</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n<td colspan=\"1\" rowspan=\"1\"><p>$</p></td>\n<td colspan=\"1\" rowspan=\"1\"><p>399,203</p></td>\n<td colspan=\"1\" rowspan=\"1\"></td>\n</tr>\n</tbody>\n</table>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20210726005763/en/</span></p>\n<p><b>Contacts</b></p>\n<p><i>Investors </i><br/>Suzanne DuLong<br/>(206) 272-7049<br/>s.dulong@f5.com</p>\n<p><i>Media </i><br/>Rob Gruening<br/>(206) 272-6208<br/>r.gruening@f5.com</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>F5 Reports Third Quarter Fiscal Year 2021 Results Delivering Double-Digit Annual Revenue Growth for the Third Sequential Quarter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nF5 Reports Third Quarter Fiscal Year 2021 Results Delivering Double-Digit Annual Revenue Growth for the Third Sequential Quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 04:05 GMT+8 <a href=https://finance.yahoo.com/news/f5-reports-third-quarter-fiscal-200500597.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SEATTLE, July 26, 2021--(BUSINESS WIRE)--F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal third quarter ended June 30, 2021.\n\"Our very strong third quarter results ...</p>\n\n<a href=\"https://finance.yahoo.com/news/f5-reports-third-quarter-fiscal-200500597.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/OKW62YzUYg1oPCHGdbDrfg--~B/aD0xODk7dz0xODk7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/lw9xCED_dV0k00WqkyGeuw--~B/aD0xODk7dz0xODk7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/384d3155f5554a96aa6104196a37ddd0","relate_stocks":{"FFIV":"F5 Inc"},"source_url":"https://finance.yahoo.com/news/f5-reports-third-quarter-fiscal-200500597.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2154964120","content_text":"SEATTLE, July 26, 2021--(BUSINESS WIRE)--F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal third quarter ended June 30, 2021.\n\"Our very strong third quarter results demonstrate the powerful alignment of F5’s expanded solution portfolio and our customers’ most important application needs,\" said François Locoh-Donou, F5’s President and CEO. \"Robust software growth and resilient demand for systems drove 12% GAAP revenue growth in our third quarter, and 11% revenue growth versus the prior year’s third quarter non-GAAP revenue.\"\nLocoh-Donou continued, \"Customers’ traditional applications are generating more revenue and more engagement than ever before. At the same time, customers also are accelerating adoption of modern application architectures, like Kubernetes, for new applications. With our expanded application security and delivery portfolio, we are uniquely positioned to solve our customers’ most significant modern and traditional application challenges on premises, in the cloud, and across multiple clouds.\"\nThird Quarter Performance Summary\nThird quarter fiscal year 2021 GAAP revenue was $652 million, up 12% from GAAP revenue of $583 million and up 11% from non-GAAP revenue of $586 million in the third quarter of fiscal year 2020. Third quarter fiscal year 2021 non-GAAP revenue growth was driven by 21% product revenue growth and 4% global services revenue growth over the prior year. Non-GAAP product revenue was driven by 34% software revenue growth and 13% systems revenue growth compared to the year ago period.\nGAAP net income for the third quarter of fiscal year 2021 was $90 million, or $1.46 per diluted share compared to third quarter fiscal year 2020 GAAP net income of $70 million, or $1.14 per diluted share.\nNon-GAAP net income for the third quarter of fiscal year 2021 was $169 million, or $2.76 per diluted share, compared to $134 million, or $2.18 per diluted share, in the third quarter of fiscal year 2020. Non-GAAP net income for the third quarter of fiscal year 2021 excludes $61 million in stock-based compensation, $24 million in acquisition-related charges, $13 million in amortization of purchased intangible assets, and $4 million in facility-exit costs.\nA reconciliation of revenue, net income, earnings per share, and other measures on a GAAP to non-GAAP basis is included in the attached Consolidated Income Statements. Additional information about non-GAAP financial information is included in this release.\nBusiness Outlook\nFor the fourth quarter of fiscal year 2021 ending September 30, 2021, F5 expects to deliver revenue in the range of $660 million to $680 million, with non-GAAP earnings in the range of $2.68 to $2.80 per diluted share.\nAll forward-looking non-GAAP measures included in the outlook exclude estimates for amortization of intangible assets, share-based compensation expenses, significant effects of tax legislation and judicial or administrative interpretation of tax regulations (including the impact of income tax reform), non-recurring income tax adjustments, valuation allowance on deferred tax assets, and the income tax effect of non-GAAP exclusions, and do not include the impact of any future acquisitions or divestitures, acquisition-related charges and write-downs, restructuring charges, facility exit costs, or other non-recurring charges that may occur in the period. F5 is unable to provide a reconciliation of non-GAAP earnings guidance measures to corresponding U.S. generally accepted accounting principles or GAAP measures on a forward-looking basis without unreasonable effort due to the overall high variability and low visibility of most of the foregoing items that have been excluded. Material changes to any one of these items could have a significant effect on our guidance and future GAAP results. Certain exclusions, such as amortization of intangible assets and share-based compensation expenses, are generally incurred each quarter, but the amounts have historically varied and may continue to vary significantly from quarter to quarter.\nLive Webcast and Conference Call\nF5 will host a live webcast and conference call to review its financial results and outlook today, July 26, 2021, at 4:30 pm ET. The live webcast can be accessed from the investor relations portion of F5.com. To participate in the live call via telephone in the U.S. and Canada, dial (833) 714-0927. Outside the U.S. and Canada, dial +1 (778) 560-2886. Reference Meeting ID 529-4198. Please call at least 5 minutes prior to the call start time. The webcast replay will be archived on the investor relations portion of F5’s website.\nForward Looking Statements \nThis press release contains forward-looking statements including, among other things, statements regarding the continuing strength and momentum of F5’s business, past and future financial performance including revenue, operating targets, earnings and earnings per share ranges, demand for application security and delivery services, SaaS, and software products, expectations regarding future services and products, expectations regarding future customers, markets and the benefits of products, and other statements that are not historical facts and which are forward-looking statements. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors. Such forward-looking statements involve risks and uncertainties, as well as assumptions and other factors that, if they do not fully materialize or prove correct, could cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: customer acceptance of offerings; potential disruptions to F5’s business and distraction of management as F5 integrates acquired businesses, teams, and technologies; F5’s ability to successfully integrate acquired businesses’ products with F5 technologies; the ability of F5’s sales professionals and distribution partners to sell acquired businesses’ product and service offerings; the timely development, introduction and acceptance of additional new products and features by F5 or its competitors; competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into F5’s markets, and new product and marketing initiatives by our competitors; increased sales discounts; the business impact of the acquisition of Volterra and potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement of completion of the acquisition; uncertain global economic conditions which may result in reduced customer demand for our products and services and changes in customer payment patterns; potential disruptions to the global supply chain resulting in inability to source required parts for F5’s products or the ability to only do so at greatly increased prices thereby impacting our revenues and/or margins; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; litigation involving patents, intellectual property, shareholder and other matters, and governmental investigations; potential security flaws in the Company’s networks, products or services; cybersecurity attacks on its networks, products or services; natural catastrophic events; a pandemic or epidemic; F5’s ability to sustain, develop and effectively utilize distribution relationships; F5’s ability to attract, train and retain qualified product development, marketing, sales, professional services and customer support personnel; F5’s ability to expand in international markets; the unpredictability of F5’s sales cycle; the ability of F5 to execute on its share repurchase program including the timing of any repurchases; future prices of F5’s common stock; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K and other documents that we may file or furnish from time to time, which could cause actual results to vary from expectations. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in F5’s most recent reports on Forms 10-Q and 10-K as each may be amended from time to time. All forward-looking statements in this press release are based on information available as of the date hereof and qualified in their entirety by this cautionary statement. F5 assumes no obligation to revise or update these forward-looking statements.\nGAAP to non-GAAP Reconciliation\nF5’s management evaluates and makes operating decisions using various operating measures. These measures are generally based on the revenues of its products, services operations, and certain costs of those operations, such as cost of revenues, research and development, sales and marketing and general and administrative expenses. One such measure is GAAP net income excluding, as applicable, stock-based compensation, amortization of purchased intangible assets, acquisition-related charges, net of taxes, restructuring charges, facility-exit costs, significant litigation and other contingencies and certain non-recurring tax expenses and benefits, which is a non-GAAP financial measure under Section 101 of Regulation G under the Securities Exchange Act of 1934, as amended. This measure of non-GAAP net income is adjusted by the amount of additional taxes or tax benefit that the company would accrue if it used non-GAAP results instead of GAAP results to calculate the company’s tax liability.\nThe non-GAAP adjustments, and F5's basis for excluding them from non-GAAP financial measures, are outlined below:\nAcquisition-related write-downs of assumed deferred revenue. Included in its GAAP financial statements, F5 records acquisition-related write-downs of assumed deferred revenue to fair value, which results in lower recognized revenue over the term of the contract. F5 includes revenue associated with acquisition-related write-downs of assumed deferred revenue in its non-GAAP financial measures as management believes it provides a more accurate depiction of revenue arising from our strategic acquisitions.\nStock-based compensation. Stock-based compensation consists of expense for stock options, restricted stock, and employee stock purchases through the company’s Employee Stock Purchase Plan. Although stock-based compensation is an important aspect of the compensation of F5’s employees and executives, management believes it is useful to exclude stock-based compensation expenses to better understand the long-term performance of the company’s core business and to facilitate comparison of the company’s results to those of peer companies.\nAmortization of purchased intangible assets. Purchased intangible assets are amortized over their estimated useful lives and generally cannot be changed or influenced by management after the acquisition. Management does not believe these charges accurately reflect the performance of the company’s ongoing operations, therefore, they are not considered by management in making operating decisions. However, investors should note that the use of intangible assets contributed to F5’s revenues earned during the periods presented and will contribute to F5’s future period revenues as well.\nFacility-exit costs. In fiscal year 2019, F5 relocated its headquarters in Seattle, Washington, and recorded charges in connection with this facility exit as well as other non-recurring lease activity. These charges are not representative of ongoing costs to the business and are not expected to recur. As a result, these charges are being excluded to provide investors with a more comparable measure of costs associated with ongoing operations.\nAcquisition-related charges, net. F5 does not acquire businesses on a predictable cycle and the terms and scope of each transaction can vary significantly and are unique to each transaction. F5 excludes acquisition-related charges from its non-GAAP financial measures to provide a useful comparison of the company’s operating results to prior periods and to its peer companies. Acquisition-related charges consist of planning, execution and integration costs incurred directly as a result of an acquisition.\nImpairment charges. In fiscal year 2021, F5 recorded impairment charges related to the permanent exit of certain floors at its Seattle headquarters. These charges are not representative of ongoing costs to the business and are not expected to recur. As a result, these charges are being excluded to provide investors with a more comparable measure of costs associated with ongoing operations.\nRestructuring charges. F5 has incurred restructuring charges that are included in its GAAP financial statements, primarily related to workforce reductions and costs associated with exiting facility-lease commitments. F5 excludes these items from its non-GAAP financial measures when evaluating its continuing business performance as such items vary significantly based on the magnitude of the restructuring action and do not reflect expected future operating expenses. In addition, these charges do not necessarily provide meaningful insight into the fundamentals of current or past operations of its business.\nManagement believes that non-GAAP net income per share provides useful supplemental information to management and investors regarding the performance of the company’s core business operations and facilitates comparisons to the company’s historical operating results. Although F5’s management finds this non-GAAP measure to be useful in evaluating the performance of the core business, management’s reliance on this measure is limited because items excluded from such measures could have a material effect on F5’s earnings and earnings per share calculated in accordance with GAAP. Therefore, F5’s management will use its non-GAAP earnings and earnings per share measures, in conjunction with GAAP earnings and earnings per share measures, to address these limitations when evaluating the performance of the company’s core business. Investors should consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures in accordance with GAAP.\nF5 believes that presenting its non-GAAP measures of earnings and earnings per share provides investors with an additional tool for evaluating the performance of the company’s core business and is used by management in its own evaluation of the company’s performance. Investors are encouraged to look at GAAP results as the best measure of financial performance. However, while the GAAP results are more complete, the company provides investors these supplemental measures since, with reconciliation to GAAP, it may provide additional insight into the company’s operational performance and financial results.\nFor reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the section in our attached Condensed Consolidated Income Statements entitled \"Non-GAAP Financial Measures.\"\nAbout F5\nF5 (NASDAQ: FFIV) is a multi-cloud application security and delivery company that enables our customers—which include the world’s largest enterprises, financial institutions, service providers, and governments—to bring extraordinary digital experiences to life. For more information, go to f5.com. You can also follow @F5 on Twitter or visit us on LinkedIn and Facebook for more information about F5, its partners, and technologies.\nF5 is a trademark, service mark, or tradename of F5 Networks, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.\nSource: F5 Networks\n\n\n\n\n\n\n \n\n\nF5 Networks, Inc.\n\n\nConsolidated Balance Sheets\n\n\n(unaudited, in thousands)\n\n\n\n\n\n \n\n\n\n\n\n \n\n\n\nJune 30,\n\nSeptember 30,\n\n\n\n\n2021\n\n\n\n2020\n\n\n\n\n\n\n \n\n\nAssets\n\n\n\n\n\nCurrent assets\n\n\n\n\n\nCash and cash equivalents\n$\n583,811\n\n\n$\n849,556\n\n\n\nShort-term investments\n\n184,108\n\n\n\n360,333\n\n\n\nAccounts receivable, net of allowances of $3,866 and $3,105\n\n382,897\n\n\n\n296,183\n\n\n\nInventories\n\n22,649\n\n\n\n27,898\n\n\n\nOther current assets\n\n293,246\n\n\n\n259,506\n\n\n\nTotal current assets\n\n1,466,711\n\n\n\n1,793,476\n\n\n\n\n\n\n \n\n\nProperty and equipment, net\n\n196,780\n\n\n\n229,239\n\n\n\nOperating lease right-of-use assets\n\n253,163\n\n\n\n300,680\n\n\n\nLong-term investments\n\n95,222\n\n\n\n102,939\n\n\n\nDeferred tax assets\n\n128,809\n\n\n\n45,173\n\n\n\nGoodwill\n\n2,209,639\n\n\n\n1,858,966\n\n\n\nOther assets, net\n\n434,797\n\n\n\n347,447\n\n\n\nTotal assets\n$\n4,785,121\n\n\n$\n4,677,920\n\n\n\n\n\n\n \n\n\nLiabilities and Shareholders’ Equity \n\n\n\n\n\nCurrent liabilities\n\n\n\n\n\nAccounts payable\n$\n49,372\n\n\n$\n64,472\n\n\n\nAccrued liabilities\n\n334,288\n\n\n\n321,398\n\n\n\nDeferred revenue\n\n952,029\n\n\n\n883,134\n\n\n\nCurrent portion of long-term debt\n\n19,275\n\n\n\n19,275\n\n\n\nTotal current liabilities\n\n1,354,964\n\n\n\n1,288,279\n\n\n\n\n\n\n \n\n\nDeferred tax liabilities\n\n1,923\n\n\n\n602\n\n\n\nDeferred revenue, long-term\n\n488,581\n\n\n\n389,498\n\n\n\nOperating lease liabilities, long-term\n\n308,156\n\n\n\n338,715\n\n\n\nLong-term debt\n\n354,591\n\n\n\n369,047\n\n\n\nOther long-term liabilities\n\n84,737\n\n\n\n59,511\n\n\n\nTotal long-term liabilities\n\n1,237,988\n\n\n\n1,157,373\n\n\n\n\n\n\n \n\n\nCommitments and contingencies\n\n\n\n\n\n\n\n\n \n\n\nShareholders’ equity\n\n\n\n\n\nPreferred stock, no par value; 10,000 shares authorized, no shares outstanding\n\n-\n\n\n\n-\n\n\n\nCommon stock, no par value; 200,000 shares authorized, 60,299 and 61,099 shares issued and outstanding\n\n133,994\n\n\n\n305,453\n\n\n\nAccumulated other comprehensive loss\n\n(18,935\n)\n\n\n(18,716\n)\n\n\nRetained earnings\n\n2,077,110\n\n\n\n1,945,531\n\n\n\nTotal shareholders' equity\n\n2,192,169\n\n\n\n2,232,268\n\n\n\nTotal liabilities and shareholders' equity\n$\n4,785,121\n\n\n$\n4,677,920\n\n\n\n\n\n\n \n\n\n\n\n\n\nF5 Networks, Inc.\n\n\nConsolidated Income Statements\n\n\n(unaudited, in thousands, except per share amounts)\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n \n\n\n\nThree Months Ended\n\nNine Months Ended\n\n\n\nJune 30,\n\nJune 30,\n\n\n\n\n2021\n\n\n\n2020\n\n\n\n2021\n\n\n\n2020\n\n\n\n\n\n\n\n\n\n\n \n\n\nNet revenues\n\n\n\n\n\n\n\n\n\nProducts (1)\n$\n309,929\n\n\n$\n253,331\n\n\n$\n907,163\n\n\n$\n747,405\n\n\n\nServices\n\n341,586\n\n\n\n329,921\n\n\n\n1,014,256\n\n\n\n988,601\n\n\n\nTotal\n\n651,515\n\n\n\n583,252\n\n\n\n1,921,419\n\n\n\n1,736,006\n\n\n\n\n\n\n\n\n\n\n \n\n\nCost of net revenues (2)(3)(4)(5)(6)\n\n\n\n\n\n\n\n\n\nProducts\n\n68,974\n\n\n\n57,437\n\n\n\n209,301\n\n\n\n152,641\n\n\n\nServices\n\n51,930\n\n\n\n48,603\n\n\n\n155,167\n\n\n\n143,279\n\n\n\nTotal\n\n120,904\n\n\n\n106,040\n\n\n\n364,468\n\n\n\n295,920\n\n\n\nGross profit\n\n530,611\n\n\n\n477,212\n\n\n\n1,556,951\n\n\n\n1,440,086\n\n\n\n\n\n\n\n\n\n\n \n\n\nOperating expenses (2)(3)(4)(5)(6)\n\n\n\n\n\n\n\n\n\nSales and marketing\n\n237,375\n\n\n\n211,808\n\n\n\n696,829\n\n\n\n622,799\n\n\n\nResearch and development\n\n133,283\n\n\n\n115,991\n\n\n\n387,927\n\n\n\n321,024\n\n\n\nGeneral and administrative\n\n63,541\n\n\n\n61,792\n\n\n\n204,534\n\n\n\n194,809\n\n\n\nRestructuring charges\n\n-\n\n\n\n-\n\n\n\n-\n\n\n\n7,800\n\n\n\nTotal\n\n434,199\n\n\n\n389,591\n\n\n\n1,289,290\n\n\n\n1,146,432\n\n\n\n\n\n\n\n\n\n\n \n\n\nIncome from operations\n\n96,412\n\n\n\n87,621\n\n\n\n267,661\n\n\n\n293,654\n\n\n\nOther income, net\n\n(2,163\n)\n\n\n141\n\n\n\n(4,223\n)\n\n\n5,220\n\n\n\nIncome before income taxes\n\n94,249\n\n\n\n87,762\n\n\n\n263,438\n\n\n\n298,874\n\n\n\nProvision for income taxes\n\n4,645\n\n\n\n17,890\n\n\n\n42,915\n\n\n\n69,096\n\n\n\nNet income\n$\n89,604\n\n\n$\n69,872\n\n\n$\n220,523\n\n\n$\n229,778\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n \n\n\nNet income per share - basic\n$\n1.49\n\n\n$\n1.15\n\n\n$\n3.63\n\n\n$\n3.78\n\n\n\nWeighted average shares - basic\n\n60,186\n\n\n\n60,978\n\n\n\n60,768\n\n\n\n60,831\n\n\n\n\n\n\n\n\n\n\n \n\n\nNet income per share - diluted\n$\n1.46\n\n\n$\n1.14\n\n\n$\n3.55\n\n\n$\n3.76\n\n\n\nWeighted average shares - diluted\n\n61,351\n\n\n\n61,415\n\n\n\n62,064\n\n\n\n61,182\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n \n\n\nNon-GAAP Financial Measures\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\nNet income as reported\n$\n89,604\n\n\n$\n69,872\n\n\n$\n220,523\n\n\n$\n229,778\n\n\n\nAcquisition-related write-downs of assumed deferred revenue\n\n-\n\n\n\n2,670\n\n\n\n1,283\n\n\n\n4,861\n\n\n\nStock-based compensation expense\n\n61,468\n\n\n\n50,868\n\n\n\n182,757\n\n\n\n149,751\n\n\n\nAmortization of purchased intangible assets\n\n12,931\n\n\n\n10,676\n\n\n\n35,843\n\n\n\n23,884\n\n\n\nFacility-exit costs\n\n4,472\n\n\n\n2,545\n\n\n\n10,873\n\n\n\n5,556\n\n\n\nAcquisiton-related charges\n\n23,584\n\n\n\n13,443\n\n\n\n69,227\n\n\n\n45,162\n\n\n\nImpairment charges\n\n-\n\n\n\n-\n\n\n\n33,825\n\n\n\n-\n\n\n\nRestructuring charges\n\n-\n\n\n\n-\n\n\n\n-\n\n\n\n7,800\n\n\n\nTax effects related to above items\n\n(22,943\n)\n\n\n(16,044\n)\n\n\n(68,604\n)\n\n\n(41,450\n)\n\n\nNet income excluding acquisition-related write-downs of assumed deferred revenue, stock-based compensation expense, amortization of purchased intangible assets, facility-exit costs, acquisition-related charges, impairment charges and restructuring charges (non-GAAP) - diluted\n$\n169,116\n\n\n$\n134,030\n\n\n$\n485,727\n\n\n$\n425,342\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\nNet income per share excluding acquisition-related write-downs of assumed deferred revenue, stock-based compensation expense, amortization of purchased intangible assets, facility-exit costs, acquisition-related charges, impairment charges and restructuring charges (non-GAAP) - diluted\n$\n2.76\n\n\n$\n2.18\n\n\n$\n7.83\n\n\n$\n6.95\n\n\n\n\n\n\n\n\n\n\n \n\n\nWeighted average shares - diluted\n\n61,351\n\n\n\n61,415\n\n\n\n62,064\n\n\n\n61,182\n\n\n\n\n\n\n\n\n\n\n \n\n\n(1) GAAP net product revenues\n$\n309,929\n\n\n$\n253,331\n\n\n$\n907,163\n\n\n$\n747,405\n\n\n\nAcquisition-related write-downs of assumed deferred revenue\n\n-\n\n\n\n2,670\n\n\n\n1,283\n\n\n\n4,861\n\n\n\nNon-GAAP net product revenues\n\n309,929\n\n\n\n256,001\n\n\n\n908,446\n\n\n\n752,266\n\n\n\nGAAP net service revenues\n\n341,586\n\n\n\n329,921\n\n\n\n1,014,256\n\n\n\n988,601\n\n\n\nAcquisition-related write-downs of assumed deferred revenue\n\n-\n\n\n\n-\n\n\n\n-\n\n\n\n-\n\n\n\nNon-GAAP net service revenues\n\n341,586\n\n\n\n329,921\n\n\n\n1,014,256\n\n\n\n988,601\n\n\n\nTotal non-GAAP net revenues\n$\n651,515\n\n\n$\n585,922\n\n\n$\n1,922,702\n\n\n$\n1,740,867\n\n\n\n\n\n\n\n\n\n\n \n\n\n(2) Includes stock-based compensation expense as follows:\n\n\n\n\n\n\n\n\n\nCost of net revenues\n$\n7,209\n\n\n$\n6,771\n\n\n$\n21,903\n\n\n$\n18,694\n\n\n\nSales and marketing\n\n26,399\n\n\n\n21,784\n\n\n\n78,682\n\n\n\n66,188\n\n\n\nResearch and development\n\n17,342\n\n\n\n13,145\n\n\n\n50,046\n\n\n\n36,904\n\n\n\nGeneral and administrative\n\n10,518\n\n\n\n9,168\n\n\n\n32,126\n\n\n\n27,965\n\n\n\n\n$\n61,468\n\n\n$\n50,868\n\n\n$\n182,757\n\n\n$\n149,751\n\n\n\n\n\n\n\n\n\n\n \n\n\n(3) Includes amortization of purchased intangible assets as follows:\n\n\n\n\n\n\n\n\n\nCost of net revenues\n$\n9,507\n\n\n$\n7,382\n\n\n$\n25,688\n\n\n$\n16,432\n\n\n\nSales and marketing\n\n2,849\n\n\n\n2,749\n\n\n\n8,430\n\n\n\n5,863\n\n\n\nGeneral and administrative\n\n575\n\n\n\n545\n\n\n\n1,725\n\n\n\n1,589\n\n\n\n\n$\n12,931\n\n\n$\n10,676\n\n\n$\n35,843\n\n\n$\n23,884\n\n\n\n\n\n\n\n\n\n\n \n\n\n(4) Includes facility-exit costs as follows:\n\n\n\n\n\n\n\n\n\nCost of net revenues\n$\n770\n\n\n$\n342\n\n\n$\n1,926\n\n\n$\n843\n\n\n\nSales and marketing\n\n1,188\n\n\n\n751\n\n\n\n3,051\n\n\n\n1,828\n\n\n\nResearch and development\n\n1,474\n\n\n\n776\n\n\n\n3,352\n\n\n\n1,929\n\n\n\nGeneral and administrative\n\n1,040\n\n\n\n676\n\n\n\n2,544\n\n\n\n956\n\n\n\n\n$\n4,472\n\n\n$\n2,545\n\n\n$\n10,873\n\n\n$\n5,556\n\n\n\n\n\n\n\n\n\n\n \n\n\n(5) Includes acquisition-related charges as follows:\n\n\n\n\n\n\n\n\n\nCost of net revenues\n$\n-\n\n\n$\n-\n\n\n$\n2,522\n\n\n$\n13\n\n\n\nSales and marketing\n\n8,525\n\n\n\n5,675\n\n\n\n23,213\n\n\n\n9,448\n\n\n\nResearch and development\n\n11,681\n\n\n\n547\n\n\n\n25,120\n\n\n\n1,327\n\n\n\nGeneral and administrative\n\n3,378\n\n\n\n7,221\n\n\n\n18,372\n\n\n\n34,374\n\n\n\n\n$\n23,584\n\n\n$\n13,443\n\n\n$\n69,227\n\n\n$\n45,162\n\n\n\n\n\n\n\n\n\n\n \n\n\n(6) Includes impairment charges as follows:\n\n\n\n\n\n\n\n\n\nCost of net revenues\n$\n-\n\n\n$\n-\n\n\n$\n4,388\n\n\n$\n-\n\n\n\nSales and marketing\n\n-\n\n\n\n-\n\n\n\n10,256\n\n\n\n-\n\n\n\nResearch and development\n\n-\n\n\n\n-\n\n\n\n9,845\n\n\n\n-\n\n\n\nGeneral and administrative\n\n-\n\n\n\n-\n\n\n\n9,336\n\n\n\n-\n\n\n\n\n$\n-\n\n\n$\n-\n\n\n$\n33,825\n\n\n$\n-\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nF5 Networks, Inc.\n\n\nConsolidated Statements of Cash Flows\n\n\n(unaudited, in thousands)\n\n\n\n\n\n \n\n\n\n\n\n \n\n\n\nNine Months Ended\n\n\n\nJune 30,\n\n\n\n\n2021\n\n\n\n2020\n\n\n\n\n\n\n \n\n\nOperating activities\n\n\n\n\n\nNet income\n$\n220,523\n\n\n$\n229,778\n\n\n\nAdjustments to reconcile net income to net cash provided by operating activities:\n\n\n\n\n\nStock-based compensation\n\n182,757\n\n\n\n149,315\n\n\n\nDepreciation and amortization\n\n84,985\n\n\n\n69,337\n\n\n\nNon-cash operating lease costs\n\n28,937\n\n\n\n29,731\n\n\n\nDeferred income taxes\n\n(78,092\n)\n\n\n4,357\n\n\n\nImpairment of assets\n\n40,698\n\n\n\n-\n\n\n\nNon-cash provisions for exit costs\n\n-\n\n\n\n-\n\n\n\nOther\n\n604\n\n\n\n168\n\n\n\nChanges in operating assets and liabilities:\n\n\n\n\n\nAccounts receivable\n\n(88,685\n)\n\n\n38,024\n\n\n\nInventories\n\n5,249\n\n\n\n5,575\n\n\n\nOther current assets\n\n(32,670\n)\n\n\n(33,572\n)\n\n\nOther assets\n\n(58,565\n)\n\n\n(5,659\n)\n\n\nAccounts payable and accrued liabilities\n\n13,586\n\n\n\n(1,538\n)\n\n\nDeferred revenue\n\n167,199\n\n\n\n37,934\n\n\n\nLease liabilities\n\n(38,383\n)\n\n\n(38,456\n)\n\n\nNet cash provided by operating activities\n\n448,143\n\n\n\n484,994\n\n\n\n\n\n\n \n\n\nInvesting activities\n\n\n\n\n\nPurchases of investments\n\n(255,259\n)\n\n\n(390,696\n)\n\n\nMaturities of investments\n\n164,900\n\n\n\n322,271\n\n\n\nSales of investments\n\n271,521\n\n\n\n309,040\n\n\n\nAcquisition of businesses, net of cash acquired\n\n(411,319\n)\n\n\n(955,574\n)\n\n\nPurchases of property and equipment\n\n(23,534\n)\n\n\n(47,857\n)\n\n\nNet cash used in investing activities\n\n(253,691\n)\n\n\n(762,816\n)\n\n\n\n\n\n \n\n\nFinancing activities\n\n\n\n\n\nProceeds from the exercise of stock options and purchases of stock under employee stock purchase plan\n\n64,698\n\n\n\n51,999\n\n\n\nRepurchase of common stock\n\n(500,000\n)\n\n\n(50,009\n)\n\n\nProceeds from term debt agreement\n\n-\n\n\n\n400,000\n\n\n\nPayments on term debt agreement\n\n(15,000\n)\n\n\n(5,000\n)\n\n\nPayments for debt issuance costs\n\n-\n\n\n\n(3,040\n)\n\n\nTaxes paid related to net share settlement of equity awards\n\n(10,920\n)\n\n\n-\n\n\n\nNet cash (used in) provided by financing activities\n\n(461,222\n)\n\n\n393,950\n\n\n\n\n\n\n \n\n\nNet (decrease) increase in cash, cash equivalents and restricted cash\n\n(266,770\n)\n\n\n116,128\n\n\n\nEffect of exchange rate changes on cash, cash equivalents and restricted cash\n\n1,107\n\n\n\n(856\n)\n\n\nCash, cash equivalents and restricted cash, beginning of period\n\n852,826\n\n\n\n602,254\n\n\n\nCash, cash equivalents and restricted cash, end of period\n$\n587,163\n\n\n$\n717,526\n\n\n\n\n\n\n \n\n\nSupplemental disclosures of cash flow information\n\n\n\n\n\nCash paid for amounts included in the measurement of lease liabilities\n$\n46,178\n\n\n$\n45,399\n\n\n\nCash paid for interest on long-term debt\n$\n4,003\n\n\n$\n4,330\n\n\n\nSupplemental disclosures of non-cash activities\n\n\n\n\n\nRight-of-use assets obtained in exchange for lease obligations\n$\n11,622\n\n\n$\n399,203\n\n\n\n\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210726005763/en/\nContacts\nInvestors Suzanne DuLong(206) 272-7049s.dulong@f5.com\nMedia Rob Gruening(206) 272-6208r.gruening@f5.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121843785,"gmtCreate":1624459751747,"gmtModify":1634005790670,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Buy and hold!","listText":"Buy and hold!","text":"Buy and hold!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/121843785","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","kind":"news","pubTimestamp":1624433586,"share":"https://www.laohu8.com/m/news/1145825451?lang=&edition=full","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about <b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I Believe NIO Will Beat Out Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8 <a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801320729,"gmtCreate":1627483569561,"gmtModify":1631893988086,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>I'm waiting","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>I'm waiting","text":"$Tiger Brokers(TIGR)$I'm waiting","images":[{"img":"https://static.tigerbbs.com/e8f0070bee8d4307e2e9137cca0db0ef","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801320729","isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141167866,"gmtCreate":1625842540655,"gmtModify":1631884027225,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>should have bought more during the dip!","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>should have bought more during the dip!","text":"$Exela Technologies, Inc.(XELA)$should have bought more during the dip!","images":[{"img":"https://static.tigerbbs.com/cfca358416ba370e869cb5620cfa3a91","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141167866","isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163510897,"gmtCreate":1623888547719,"gmtModify":1631890066399,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Good or bad <a href=\"https://laohu8.com/S/NVCR\">$NovoCure(NVCR)$</a>? Pls comment","listText":"Good or bad <a href=\"https://laohu8.com/S/NVCR\">$NovoCure(NVCR)$</a>? Pls comment","text":"Good or bad $NovoCure(NVCR)$? Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/163510897","repostId":"2144713861","repostType":4,"repost":{"id":"2144713861","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623883569,"share":"https://www.laohu8.com/m/news/2144713861?lang=&edition=full","pubTime":"2021-06-17 06:46","market":"us","language":"en","title":"Wall Street closes lower as Fed officials project rate hikes for 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713861","media":"Reuters","summary":"June 16 - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr","content":"<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as Fed officials project rate hikes for 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower as Fed officials project rate hikes for 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 06:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.</p>\n<p>New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.</p>\n<p>The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.</p>\n<p>\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at <a href=\"https://laohu8.com/S/BNPQF\">BNP Paribas</a>.</p>\n<p>The benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.</p>\n<p>With inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.</p>\n<p>The Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.</p>\n<p>\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.</p>\n<p>The Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.</p>\n<p>Only two of the S&P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.</p>\n<p>The decliners were led by utilities, materials, and consumer staples.</p>\n<p>Volume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DOG":"道指反向ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","DJX":"1/100道琼斯","SH":"标普500反向ETF","QID":"纳指两倍做空ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","DXD":"道指两倍做空ETF","SPXU":"三倍做空标普500ETF","SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF","IVV":"标普500指数ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF","OEX":"标普100",".SPX":"S&P 500 Index","QQQ":"纳指100ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713861","content_text":"June 16 (Reuters) - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.\nNew projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.\nThe Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year. Still, investors were surprised to learn officials were mulling rate hikes earlier than 2024.\n\"At first blush, the dot plot which projected two hikes by 2023 was more hawkish than expected, and markets reacted as such,\" said Daniel Ahn, chief U.S. economist at BNP Paribas.\nThe benchmark 10-year Treasury yield rose on the Fed news, while the dollar index , which tracks the greenback against six major currencies, rose to a six-week peak.\nWith inflation rising faster than expected and the economy bouncing back quickly, the market had been looking for clues of when the Fed may alter the policies put into place last year to combat the economic fallout from the pandemic, including a massive bond-buying program.\nThe Fed reiterated its promise to await \"substantial further progress\" before beginning to shift to policies tuned to a fully open economy. It also held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery.\n\"Chair Powell has signaled, while the committee is not yet ready to taper, it is now in the minds of the committee. They've retired the phrase 'thinking about thinking about tapering', and we expect that in the next few meetings, the committee will likely formally start discussions of tapering,\" BNP's Ahn said.\nThe Dow Jones Industrial Average fell 265.66 points, or 0.77%, to 34,033.67, the S&P 500 lost 22.89 points, or 0.54%, to 4,223.7 and the Nasdaq Composite dropped 33.17 points, or 0.24%, to 14,039.68.\nOnly two of the S&P's 11 main sector indexes ended in positive territory: consumer discretionary and retail.\nThe decliners were led by utilities, materials, and consumer staples.\nVolume on U.S. exchanges was 10.90 billion shares, compared with the 10.38 billion average over the last 20 trading days.\nThe S&P 500 posted 25 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 95 new highs and 30 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174987771,"gmtCreate":1627058520293,"gmtModify":1631893988117,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Commented","listText":"Commented","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174987771","repostId":"2153983997","repostType":4,"repost":{"id":"2153983997","kind":"highlight","pubTimestamp":1627045860,"share":"https://www.laohu8.com/m/news/2153983997?lang=&edition=full","pubTime":"2021-07-23 21:11","market":"us","language":"en","title":"3 Stocks to Buy Whether or Not a Market Crash Is Near","url":"https://stock-news.laohu8.com/highlight/detail?id=2153983997","media":"Motley Fool","summary":"Maybe the market is about to crash, and maybe it isn't. These stocks look like good picks either way.","content":"<p>Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors that a stock market crash could be on the way.</p>\n<p>One of the biggest stock market bears, Harry Dent Jr., who predicted the dot.com bubble collapsing, even thinks that a market meltdown is likely within the next three months. Is all of the pessimism warranted? Maybe, maybe not.</p>\n<p>If you're leery about what's around the corner, here are three stocks to buy if a market crash is coming soon. And the great news about these stocks is that they're solid picks even if it doesn't happen.</p>\n<p><img src=\"https://static.tigerbbs.com/3105d12ec8b203883b5e91a709172e8b\" tg-width=\"700\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h3>BioNTech</h3>\n<p>I personally don't think a stock market crash is just around the corner. If <a href=\"https://laohu8.com/S/AONE.U\">one</a> is, though, I suspect the cause will be the combination of the COVID-19 pandemic and sky-high market valuations. Assuming I'm right, <b>BioNTech</b> (NASDAQ:BNTX) should soar if the market crashes.</p>\n<p>A massive market sell-off due to COVID-19 worries would almost certainly light a fire beneath the stocks of the leading vaccine makers. My view is that BioNTech would be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest winners in the group.</p>\n<p>BioNTech and its partner <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b> (NYSE:PFE) are already moving forward with plans to test a vaccine that specifically targets the delta variant. That gives the companies a head start. BioNTech is by far the smallest of the companies with COVID-19 vaccines already on the market, which makes its shares more likely to jump higher on a positive catalyst. It's also easily the cheapest of these vaccine stocks, based on forward earnings multiples.</p>\n<p>What if there isn't an imminent market crash? BioNTech is still set to rake in billions of dollars with sales of its COVID-19 vaccine. The company will almost certainly use its growing cash stockpile to invest in expanding its pipeline. I think that BioNTech will be a winner over the long term, regardless of what happens over the short term.</p>\n<h3><a href=\"https://laohu8.com/S/DG\">Dollar General</a></h3>\n<p>I've maintained for a long time that <b>Dollar <a href=\"https://laohu8.com/S/BGC\">General</a></b> (NYSE:DG) is one of the best stocks to own during a market downturn. That view seemed to be confirmed during the big market meltdown last year.</p>\n<p><img src=\"https://static.tigerbbs.com/b0e75aa27d2d22b4296c80687da5be97\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p>\n<p>DG data by YCharts.</p>\n<p>Shares of Dollar General fell at first, but not nearly as much as most stocks did. Dollar General stock also rebounded much more quickly and trounced the overall market's return throughout the rest of the year.</p>\n<p>During uncertain times, consumers tighten their purse strings. That makes discount retailers such as Dollar General more attractive than ever.</p>\n<p>Even when the overall market performs well, though, Dollar General should still be able to grow. As a case in point, the company's shares delivered more than double the gain that the <b>S&P 500</b> index did in the five years leading up to 2020 when the market was roaring.</p>\n<p>I think that Dollar General will be able to continue to beat the market. It's moving forward with an aggressive expansion strategy. The company is also undertaking a major initiative to \"establish itself as a health destination.\" While Dollar General didn't provide many details on exactly what its plans are, moving more into healthcare sounds like a smart move to me.</p>\n<h3>Viatris</h3>\n<p>There are at least two reasons why a given stock might hold up well during a big market sell-off. One is that its underlying business isn't impacted much by the reason behind the broader plunge. Another is that the stock is so cheap that investors scoop up shares if it falls much below its existing price. My take is that <b>Viatris</b> (NASDAQ:VTRS) qualifies on both of these criteria.</p>\n<p>Viatris specializes in biosimilars and generic drugs. Patients need these drugs, regardless of what the stock market does. The drugs are also less expensive than branded prescription drugs.</p>\n<p>The stock is irrefutably dirt cheap. Viatris' shares trade at a little over four times expected earnings. It's unlikely that the stock is going to move much lower because it would simply be too much of a steal for investors to ignore.</p>\n<p>Granted, Viatris probably won't keep up with the overall stock market's performance if the current uptrend continues. However, the company's dividend is attractive. And over the next several years, Viatris should achieve synergies resulting from the merger of Pfizer's Upjohn unit and Mylan, as well as launch new products that should drive growth.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Buy Whether or Not a Market Crash Is Near</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy Whether or Not a Market Crash Is Near\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 21:11 GMT+8 <a href=https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTRS":"Viatris Inc.","BNTX":"BioNTech SE","DG":"美国达乐公司"},"source_url":"https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153983997","content_text":"Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors that a stock market crash could be on the way.\nOne of the biggest stock market bears, Harry Dent Jr., who predicted the dot.com bubble collapsing, even thinks that a market meltdown is likely within the next three months. Is all of the pessimism warranted? Maybe, maybe not.\nIf you're leery about what's around the corner, here are three stocks to buy if a market crash is coming soon. And the great news about these stocks is that they're solid picks even if it doesn't happen.\n\nImage source: Getty Images.\nBioNTech\nI personally don't think a stock market crash is just around the corner. If one is, though, I suspect the cause will be the combination of the COVID-19 pandemic and sky-high market valuations. Assuming I'm right, BioNTech (NASDAQ:BNTX) should soar if the market crashes.\nA massive market sell-off due to COVID-19 worries would almost certainly light a fire beneath the stocks of the leading vaccine makers. My view is that BioNTech would be one of the biggest winners in the group.\nBioNTech and its partner Pfizer (NYSE:PFE) are already moving forward with plans to test a vaccine that specifically targets the delta variant. That gives the companies a head start. BioNTech is by far the smallest of the companies with COVID-19 vaccines already on the market, which makes its shares more likely to jump higher on a positive catalyst. It's also easily the cheapest of these vaccine stocks, based on forward earnings multiples.\nWhat if there isn't an imminent market crash? BioNTech is still set to rake in billions of dollars with sales of its COVID-19 vaccine. The company will almost certainly use its growing cash stockpile to invest in expanding its pipeline. I think that BioNTech will be a winner over the long term, regardless of what happens over the short term.\nDollar General\nI've maintained for a long time that Dollar General (NYSE:DG) is one of the best stocks to own during a market downturn. That view seemed to be confirmed during the big market meltdown last year.\n\nDG data by YCharts.\nShares of Dollar General fell at first, but not nearly as much as most stocks did. Dollar General stock also rebounded much more quickly and trounced the overall market's return throughout the rest of the year.\nDuring uncertain times, consumers tighten their purse strings. That makes discount retailers such as Dollar General more attractive than ever.\nEven when the overall market performs well, though, Dollar General should still be able to grow. As a case in point, the company's shares delivered more than double the gain that the S&P 500 index did in the five years leading up to 2020 when the market was roaring.\nI think that Dollar General will be able to continue to beat the market. It's moving forward with an aggressive expansion strategy. The company is also undertaking a major initiative to \"establish itself as a health destination.\" While Dollar General didn't provide many details on exactly what its plans are, moving more into healthcare sounds like a smart move to me.\nViatris\nThere are at least two reasons why a given stock might hold up well during a big market sell-off. One is that its underlying business isn't impacted much by the reason behind the broader plunge. Another is that the stock is so cheap that investors scoop up shares if it falls much below its existing price. My take is that Viatris (NASDAQ:VTRS) qualifies on both of these criteria.\nViatris specializes in biosimilars and generic drugs. Patients need these drugs, regardless of what the stock market does. The drugs are also less expensive than branded prescription drugs.\nThe stock is irrefutably dirt cheap. Viatris' shares trade at a little over four times expected earnings. It's unlikely that the stock is going to move much lower because it would simply be too much of a steal for investors to ignore.\nGranted, Viatris probably won't keep up with the overall stock market's performance if the current uptrend continues. However, the company's dividend is attractive. And over the next several years, Viatris should achieve synergies resulting from the merger of Pfizer's Upjohn unit and Mylan, as well as launch new products that should drive growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155529620,"gmtCreate":1625445587360,"gmtModify":1633940677217,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"Comment n like plz","listText":"Comment n like plz","text":"Comment n like plz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/155529620","repostId":"1138258779","repostType":4,"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810585778,"gmtCreate":1629986746594,"gmtModify":1704954218068,"author":{"id":"3585965670291801","authorId":"3585965670291801","name":"TTMoon","avatar":"https://static.tigerbbs.com/b4cb7a324440115c1386ea07b04e9bd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585965670291801","authorIdStr":"3585965670291801"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XYF\">$X Financial(XYF)$</a>ohhhh dear... Why I didn't cut loss","listText":"<a href=\"https://laohu8.com/S/XYF\">$X Financial(XYF)$</a>ohhhh dear... Why I didn't cut loss","text":"$X Financial(XYF)$ohhhh dear... 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Haizzz","listText":"<a href=\"https://laohu8.com/S/PBTS\">$Powerbridge Technologies Co., Ltd.(PBTS)$</a>should I run now? Haizzz","text":"$Powerbridge Technologies Co., Ltd.(PBTS)$should I run now? 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