F5 Reports Strong Earnings Growth in its First Quarter of Fiscal Year 2024
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
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
F5 Networks (FFIV) Tops Q1 EPS by 39c, Offers Guidance
January 29, 2024 4:08 PM ESTF5 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
