F5 Networks (FFIV) Misses Q2 EPS by 2c, Q3 Guidance Fall Short

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Go back to F5 Networks (FFIV) Misses Q2 EPS by 2c, Q3 Guidance Fall Short

F5 Networks Announces Second Quarter Fiscal 2017 Results

April 26, 2017 4:06 PM EDT

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced revenue of $518.2 million for the second quarter of fiscal 2017, up 7.1% from $483.7 million in the second quarter of fiscal 2016. Growth compared with the second quarter of fiscal 2016 was driven by solid execution in the Americas and strong sales of security solutions. Partially offsetting these positive trends was continued soft demand in Europe.

GAAP net income for the second quarter of fiscal 2017 was $93.1 million, or $1.43 per diluted share, compared to $75.4 million, or $1.11 per diluted share in the second quarter of 2016. Non-GAAP net income for the... More