Shares of F5 Networks FFIV rose 1.63% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share fell 13.49% year over year to $2.18, which beat the estimate of $2.03.
Revenue of $583,252,000 rose by 3.52% year over year, which beat the estimate of $571,940,000.
Outlook
Q4 EPS expected to be between $2.30 and $2.42.
Q4 revenue expected to be between $595,000,000 and $615,000,000.
Conference Call Details
Date: Jul 27, 2020
Time: 04:30 PM
ET Webcast URL: https://investors.f5.com/home/default.aspx
Price Action
52-week high: $156.36
52-week low: $79.78
Price action over last quarter: Up 7.37%
Company Description
F5 Networks is a market leader in the application delivery controller market. The company sells products for networking traffic, security, and policy management. Its products ensure applications are safely routed in efficient manners within on-premises data centers and across cloud environments. More than half of its revenue is based on providing services, and its three customer verticals are enterprises, service providers, and government entities. The Seattle-based firm was incorporated in 1996 and generates sales globally.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.