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0 -0.00202386768092674 -0.00202386768092674 0.00321027287319428 0.00844441342731529 0.0148649591737038 0.0196105799427734 0.0213552934608138
Stock impact report

F5 Networks tops fiscal Q2 views on strength of work-from-home needs [MarketWatch]

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: MarketWatch
Shares of F5 Networks Inc. jumped more than 6% in the extended session Monday after the computer networking company beat Wall Street expectations for its fiscal second quarter on the surge of work-from-home arrangements and other connectivity issues amid the coronavirus pandemic. F5 said it earned $61.4 million, or $1 a share, in the quarter, compared with $116.1 million, or $1.93 a share, in the year-ago period. Adjusted for one-time items, the company earned $135.9 million, or $2.23 a share, compared with $154.4 million, or $2.57 a share, a year ago. Sales rose 7% to $583.4 million, the company said. Analysts polled by FactSet had expected the company to report adjusted earnings of $1.98 a share on sales of $564 million. The company said it expects fiscal third-quarter sales between $555 million and $585 million with adjusted earnings in the range of $1.91 to $2.13 a diluted share. Shares of F5 ended the regular trading day up 2.8%. Show less Read more
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