F5 Networks (FFIV) Tops Q2 EPS by 3c, Offers Guidance

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F5 Networks Announces Second Quarter Fiscal Year 2019 Results Including Software Revenue Growth of 30%

April 24, 2019 4:05 PM EDT

Delivers GAAP EPS of $1.93 and non-GAAP EPS of $2.57 per diluted share

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

The combination of demand for application security and our new software consumption models, including Enterprise Licensing Agreements, helped drive 30% software revenue growth in our second fiscal quarter, said François Locoh-Donou, F5 President and Chief Executive Officer. "Security use cases are at the forefront of our customer conversations and customers globally rely on F5 to provide consistent application... More