F5 (FFIV) Q3 Earnings and Revenues Surpass Expectations

F5's revenues of $695 million for the fiscal third quarter surpassed the consensus mark of$686.6 million but declined 1.1% on a year-over-year basis. Revenues came at the higher end of the company's guidance range of $675-$695 million. The company's fiscal third-quarter GAAP operating expenses declined 13.4% to $396 million, while nonGAAP operating expenses marginally declined from$346 million registered in the year-ago quarter to $345.5 million in the third quarter of fiscal 2024. F5, Inc. (FFIV) was tra ...