F5 Networks (FFIV) Tops Q2 EPS by 11c

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 F5 Delivers Second Consecutive Quarter of Double-Digit Revenue Growth with 19% GAAP and 18% Non-GAAP Product Revenue Growth

April 27, 2021 4:05 PM EDT

SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal second quarter ended March 31, 2021.

The transformation we have worked persistently to achieve has put F5 at the center of applications, both traditional and modern, with a differentiated multi-cloud approach. As a result, we are benefiting from strong and sustainable macro growth drivers, which are ultimately powered by escalating application growth, said François Locoh-Donou, F5s President and CEO.

Business and consumers increasing reliance on applications has accelerated all prior expectations about the pace of digital transformation... More