F5 Networks (FFIV) Tops Q2 EPS by 28c, Q3 Guidance Tops Consensus

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 F5 Delivers 7% Revenue Growth in Second Quarter Fiscal Year 2020

April 27, 2020 4:05 PM EDT

 Generates Second Quarter GAAP EPS of $1.00 and non-GAAP EPS of $2.23 per diluted share

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal second quarter ended March 31, 2020.

During our second quarter, we saw continued rapid acceptance of our software and subscription-based offerings as enterprises and service provider customers worldwide look to F5 to ensure consistent application access, delivery and security, said François Locoh-Donou, CEO and President of F5. In the last month of the quarter, we also saw increased demand for... More