F5 Networks (FFIV) Tops Q3 EPS by 15c; Guides Q4 Above Views

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F5 Delivers 4% Revenue Growth on Continued Strong Software Demand in Third Quarter Fiscal Year 2020

July 27, 2020 4:05 PM EDT

Generates Third Quarter GAAP EPS of $1.14 and non-GAAP EPS of $2.18 per diluted share

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal third quarter ended June 30, 2020.

Large enterprise customers are accelerating their digital transformations, increasing their digital engagement, and boosting capacity and security on customer facing applications and on platforms that enable employee collaboration, said François Locoh-Donou, CEO and President of F5. Demand for solutions to meet these immediate and long-term business requirements drove 4% GAAP and non-GAAP revenue growth, and 43% non-GAAP... More