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0.0368530499075785 -0.0129390018484289 -0.058456561922366 -0.0672365988909428 -0.0551640480591498 -0.0541433687615527 -0.0469038817005546 -0.050369685767098
Stock impact report

F5 Reports Strong Earnings Growth in its Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Earnings Outlook

F5, Inc. (FFIV) 
Last f5, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: f5.com/about-us/investor-relations
Company Research Source: Business Wire
SEATTLE--(BUSINESS WIRE)--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 earnings per share at the high end of our guidance in an environment where customers remain cautious and are forecasting largely flat IT budgets for calendar 2024,” said François Locoh-Donou, F5’s President and CEO. “During the quarter, our software subscription renewals continued to perform well, driving 20% total software revenue growth compared to a year ago, including 28% subscription revenue growth.”“To move at the speed of business today, our customers rely on an ever-increasing number of applications and APIs which they operate across distributed environments. This hybrid and multicloud reality brings with it untenable operational complexity, considerable costs, and escalating security risks. Broad-based enterprise adoption of AI will only compound these Show less Read more
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