F5 Networks (FFIV) Tops Q1 EPS by 12c, Q2 EPS Guidance Misses

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Go back to F5 Networks (FFIV) Tops Q1 EPS by 12c, Q2 EPS Guidance Misses

F5 Networks Announces First Quarter Fiscal Year 2020 Results including 5% Revenue Growth and 50% Software Growth

January 27, 2020 4:05 PM EST

Generates First Quarter GAAP EPS of $1.62 and non-GAAP EPS of $2.55 per diluted share

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

To better meet our customers changing application demands we have invested to deliver our world-class applications services across a wider range of deployment and consumption models, said François, Locoh-Donou, CEO and President of F5 Networks. As a result, customers are increasingly deploying F5 in multi-cloud environments, driving a revenue mix shift toward software. During our first... More