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F5 Networks (FFIV) PT Raised to $171 at Credit Suisse

Go back to F5 Networks (FFIV) PT Raised to $171 at Credit Suisse

F5 (FFIV) Stock Soars on Strong Profit Guidance, Analysts Positive

July 26, 2022 8:27 AM EDT

Shares of F5 Networks (NASDAQ: FFIV) are up almost 8% in premarket Tuesday after the communications equipment company offered an upbeat FQ4 outlook.

The company reported an EPS of $2.57 on revenue of $674.5 million to top the consensus of EPS of $2.23 on revenue of $668.1 million.

For this quarter, F5 sees an adjusted EPS of between $2.45 and $2.57, easily ahead of the estimate of $2.29. Revenue is seen between $680 million and $700... More