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F5 Networks reports Q1 adjusted EPS $3.84, consensus $3.38

F5 Networks reports Q1 adjusted EPS $3.84, consensus $3.38

Reports Q1 revenue $766M, consensus $716.48M. “F5’s alignment with significant secular trends, a more stable IT spending environment, and our strong execution led to another record quarter,” said Francois Locoh-Donou, F5’s President and CEO. “Our first quarter revenue of $766 million reflects 11% growth year over year and includes a 22% increase in software revenue and 18% systems revenue growth from the first quarter of fiscal year 2024.”

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