F5 Reports Strong Earnings Growth in its First Quarter of Fiscal Year 2024
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January 29, 2024 4:28 PM EST
(Updated - January 30, 2024 6:57 AM EST)
F5 Inc. (NASDAQ: FFIV) reported its first-quarter results, surpassing the average analyst estimates.
The company achieved net revenue of $692.6 million, a decrease of 1.1% year-over-year, but higher than the expected $684.8 million. The adjusted earnings per share stood at $3.43, significantly higher than last year's $2.47 and exceeding the forecast of $3.04.
In light of these results, F5 revised its fiscal year 2024 adjusted earnings per share outlook, predicting a... More
January 29, 2024 4:08 PM EST
F5 Networks (NASDAQ: FFIV) reported Q1 EPS of $3.43, $0.39 better than the analyst estimate of $3.04. Revenue for the quarter came in at $693 million versus the consensus estimate of $684.77 million.
GUIDANCE:
F5 Networks sees Q2 2024 EPS of $2.79-$2.91, versus the consensus of... More
