F5 Networks (FFIV) Tops Q2 EPS by 4c, Offers Q3 Guidance

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F5 Networks Announces Second Quarter Fiscal 2018 Results

April 25, 2018 4:05 PM EDT

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced revenue of $533.3 million for the second quarter of fiscal 2018, up 2.9% from $518.2 million in the second quarter of fiscal 2017. Growth compared with the second quarter of fiscal 2017 was driven by our software solutions and Services business.

GAAP net income for the second quarter of fiscal 2018 was $109.6 million, or $1.77 per diluted share, compared to $93.1 million, or $1.43 per diluted share in the second quarter of fiscal 2017. Excluding the impact of stock-based compensation, amortization of purchased intangible assets, and litigation expenses, non-GAAP net income for the second... More