29.01.2024 22:16:14 - dpa-AFX: F5, Inc. Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - F5, Inc. (FFIV) reported earnings for its first
quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $138.38 million, or $2.32 per share. This
compares with $72.40 million, or $1.20 per share, in last year's first quarter.

Excluding items, F5, Inc. reported adjusted earnings of $204.73 million or $3.43
per share for the period.

Analysts on average had expected the company to earn $3.04 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 1.1% to $692.60 million from $700.38
million last year.

F5, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $138.38 Mln. vs. $72.40 Mln. last year.
-EPS (Q1): $2.32 vs. $1.20 last year.
-Analyst Estimate: $3.04
-Revenue (Q1): $692.60 Mln vs. $700.38 Mln last year.

-Guidance:
Next quarter EPS guidance: $2.79 - $2.91
Next quarter revenue guidance: $675 - $695 Mln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
F5, Inc. 922977 NASDAQ 178,800 15.07.24 21:28:56 +2,340 +1,33% 178,760 178,830 174,600 176,460

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