F5 Networks (FFIV) Tops Q1 EPS by 39c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
F5 Networks (FFIV) stock gains 9% on lifted full-year outlook; Analysts remain cautious
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
