F5 Networks (FFIV) Tops Q1 EPS by 16c; Guides Modestly Below the Street

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F5 Networks Announces First Quarter Fiscal Year 2019 Results

January 23, 2019 4:05 PM EST

Delivers GAAP EPS of $2.16 and non-GAAP EPS of $2.70 per diluted share

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal 2019 first quarter ended December 31, 2018.

"F5 continues to advance its position in multi-cloud architectures with growing demand for software solutions driving 4% year over year total revenue growth in our first quarter," said François Locoh-Donou, F5 President and Chief Executive Officer. "We also delivered continued product and services revenue growth and stronger than expected non-GAAP earnings in the quarter.

As customers deploy applications... More