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F5(FFIV) - 2024 Q2 - Quarterly Report
2024-05-06 18:19
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-26041 F5, INC. (Exact name of registrant as specified in its charter) Washington 91-1714307 (State or other jurisdiction ...
F5 (FFIV) Q2 Earnings Surpass Estimates, Revenues Fall Y/Y
Zacks Investment Research· 2024-04-30 18:56
F5, Inc. (FFIV) reported mixed second-quarter fiscal 2024 results. This Seattle, WA-based company’s non-GAAP earnings of $2.91 per share beat the Zacks Consensus Estimate of $2.88 and increased 13.8% from the year-ago quarter’s $2.53.The bottom line was at the higher end of management’s guidance range of $2.79-$2.91 per share. The robust bottom-line performance reflects the combined impact of gross margin improvement and disciplined operating expense management.F5’s revenues of $681 million for the fiscal s ...
Prompt Security partners with F5 to secure GenAI applications with a Firewall for AI
Prnewswire· 2024-04-30 13:00
TEL AVIV, Israel, April 30, 2024 /PRNewswire/ -- Prompt Security, a leading AI Security Platform, is delighted to announce its partnership with F5 (NASDAQ: FFIV) to deliver a firewall for AI applications on F5 Distributed Cloud Services. This joint solution aims to address the growing need to protect applications powered by Generative AI (GenAI), as these applications expose organizations to a brand new attack surface. Almost 30% of enterprises deploying AI in 2023 had a security breach, according to Gartne ...
F5(FFIV) - 2024 Q2 - Earnings Call Transcript
2024-04-30 00:00
F5, Inc. (NASDAQ:FFIV) Q2 2024 Earnings Conference Call April 29, 2024 4:30 PM ET Suzanne DuLong - VP, IR Francois Locoh-Donou - President & CEO Frank Pelzer - EVP & CFO Tim Long - Barclays Samik Chatterjee - JPMorgan Alex Henderson - Needham & Company Meta Marshall - Morgan Stanley Michael Ng - Goldman Sachs Amit Daryanani - Evercore ISI James Fish - Piper Sandler Raymond McDonough - Guggenheim Securities Sebastien Naji - William Blair Good afternoon, and welcome to the F5, Inc. Second Quarter Fiscal 2024 ...
F5 Networks (FFIV) Q2 Earnings Beat Estimates
Zacks Investment Research· 2024-04-29 22:16
F5 Networks (FFIV) came out with quarterly earnings of $2.91 per share, beating the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $2.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.04%. A quarter ago, it was expected that this computer networking company would post earnings of $3.03 per share when it actually produced earnings of $3.43, delivering a surprise of 13.20%.Over the last four quarter ...
F5(FFIV) - 2024 Q2 - Quarterly Results
2024-04-29 20:07
Q2 FY24 Earnings Release Page 1 of 4 Contacts Investors Suzanne DuLong +1 (206) 272-7049 s.dulong@f5.com Media Rob Gruening +1 (206) 272-6208 r.gruening@f5.com F5 Reports Strong Earnings Growth in its Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Earnings Outlook SEATTLE, WA - April 29, 2024 - F5, Inc. (NASDAQ: FFIV) today announced financial results for its second quarter ended March 31, 2024. “We delivered a solid second quarter, with revenue near the midpoint of our guidance range and earni ...
Should F5 (FFIV) be in Your Portfolio Ahead of Q2 Earnings?
Zacks Investment Research· 2024-04-26 13:51
F5, Inc. (FFIV) , a multi-cloud application services and security company, is set to report second-quarter fiscal 2024 results after market close on Apr 29.The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 5.3%. F5 projects non-GAAP revenues in the $675-$695 million band (midpoint of $685 million) and non-GAAP earnings per share in the $2.79-$2.91 band (midpoint of $2.85) for the second quarter of fiscal 2024.The Zacks Consensus E ...
F5 Networks (FFIV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-22 15:06
F5 Networks (FFIV) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 29. On ...
Why F5 (FFIV) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-19 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider F5 Networks (FFIV) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This computer networking company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two ...
STNE or FFIV: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-04-19 16:41
Investors looking for stocks in the Internet - Software sector might want to consider either StoneCo Ltd. (STNE) or F5 Networks (FFIV) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companie ...