F5 Networks (FFIV) Tops Q1 EPS by 22c, Q2 Guidance Beats Views

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Go back to F5 Networks (FFIV) Tops Q1 EPS by 22c, Q2 Guidance Beats Views

F5 Networks Announces First Quarter Fiscal 2018 Results

January 24, 2018 4:05 PM EST

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced revenue of $523.2 million for the first quarter of fiscal 2018, up 1.4% from $516.0 million in the first quarter of fiscal 2017. Growth compared with the first quarter of fiscal 2017 was driven by Services and software solutions.

GAAP net income for the first quarter of fiscal 2018 was $88.4 million, or $1.41 per diluted share, compared to $94.2 million, or $1.44 per diluted share in the first quarter of fiscal 2017. Excluding the impact of stock-based compensation, amortization of purchased intangible assets, and non-recurring tax expenses, non-GAAP net income for the first quarter... More