F5 Networks (FFIV) Tops Q3 EPS by 35c, Offers Guidance

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Go back to F5 Networks (FFIV) Tops Q3 EPS by 35c, Offers Guidance

F5 Reports 4% Third Quarter Fiscal Year 2023 Revenue Growth; Delivers Significant Operating Leverage and Strong EPS Growth

July 24, 2023 4:05 PM EDT

SEATTLE--(BUSINESS WIRE)-- F5, Inc. (NASDAQ: FFIV) today announced financial results for its third quarter of fiscal year 2023.

In an environment that remains challenged by macroeconomic uncertainty, our team is executing well, delivering third-quarter revenue at the midpoint of our guidance range and earnings per share well above the high end of our guidance range, said François Locoh-Donou, F5s President and CEO. We are seeing some early signs of demand stabilization as customers look to F5 to help them secure and optimize the applications and APIs that power their businesses.

Third Quarter... More