F5 Networks (FFIV) Tops Q4 EPS by 27c, Beats on Revenues; Offers 1Q19 EPS Outlook Above Consensus

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Go back to F5 Networks (FFIV) Tops Q4 EPS by 27c, Beats on Revenues; Offers 1Q19 EPS Outlook Above Consensus

F5 Networks Announces Fourth Quarter and Fiscal Year 2018 Results

October 24, 2018 4:05 PM EDT

Delivers fiscal year 2018 revenue growth of 3.4% with strong operational performance

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced revenue of $562.7 million for the fourth quarter of fiscal 2018, up 4.6% from $538.0 million in the fourth quarter of fiscal 2017. Growth compared with the fourth quarter of fiscal year 2017 was driven by continued momentum in software solutions, which powered continued year over year product revenue growth.

GAAP net income for the fourth quarter of fiscal year 2018 was $132.9 million, or $2.18 per diluted share, compared to $135.7 million, or $2.14 per... More