F5 Networks (FFIV) Tops Q1 EPS by 4c

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Go back to F5 Networks (FFIV) Tops Q1 EPS by 4c

F5 Networks Announces Results for First Quarter of Fiscal 2017

January 25, 2017 4:05 PM EST

SEATTLE--(BUSINESS WIRE)-- For the first quarter of fiscal 2017, F5 Networks, Inc. (NASDAQ: FFIV) announced revenue of $516.0 million, up 5.4 percent from $489.5 million in the first quarter of fiscal 2016.

GAAP net income was $94.2 million ($1.44 per diluted share), compared to $89.7 million ($1.28 per diluted share) in the first quarter a year ago. Excluding the impact of stock-based compensation and amortization of purchased intangible assets, non-GAAP net income was $130.3 million ($1.98 per diluted share), compared to $120.6 million ($1.73 per diluted share) in the first quarter of last year.

A reconciliation of GAAP net income to non-GAAP net... More