29.04.2024 22:11:13 - dpa-AFX: F5, Inc. Q2 Profit Increases, beats estimates

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

The company's earnings totaled $119 million, or $2.00 per share. This compares
with $81 million, or $1.34 per share, in last year's second quarter.

Excluding items, F5, Inc. reported adjusted earnings of $173 million or $2.91
per share for the period.

Analysts on average had expected the company to earn $2.86 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 3.1% to $681 million from $703
million last year.

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

-Earnings (Q2): $119 Mln. vs. $81 Mln. last year.
-EPS (Q2): $2.00 vs. $1.34 last year.
-Revenue (Q2): $681 Mln vs. $703 Mln last year.

-Guidance:
Next quarter EPS guidance: $2.89 to $3.01
Next quarter revenue guidance: $675 - $695 Million


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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 170,490 03.07.24 20:02:22 -1,820 -1,06% 150,200 173,390 171,950 170,490

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