F5 Networks reports Q3 adjusted EPS $4.16, consensus $3.50

Reports Q3 revenue $780M, consensus $752.64M. “We delivered third quarter revenue of $780 million, representing 12% growth year over year, driven by 26% product revenue growth, which included 39% growth in systems revenue and 16% growth in software revenue,” said Francois Locoh-Donou, F5’s President and CEO. “This strong top-line performance along with continued operating leverage, is a testament to our team’s execution, our continued innovation, and the enormous trust the largest enterprises and service providers across the globe place in F5.”