Reports Q2 revenue $731M, consensus $719.68M. “F5’s continuous innovation, technology leadership, and unique ability to address our customers’ hybrid multicloud challenges were key drivers of our strong Q2 results,” said Francois Locoh-Donou, F5’s President and CEO. “Our second quarter revenue of $731 million reflects 7% growth year over year fueled by 12% product revenue growth including 27% systems revenue growth.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FFIV:
- Notable companies reporting after market close
- FFIV Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- F5 Networks price target lowered to $285 from $296 at JPMorgan
- F5 Networks price target lowered to $290 from $310 at RBC Capital
- F5 Networks price target lowered to $269 from $310 at Morgan Stanley