Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why F5 Networks Stock Jumped Today

TheMotleyFool

0 0

Shares of F5 Networks (NASDAQ: FFIV) have jumped today, up by 9% as of 1:30 p.m. EDT, after the company reported fiscal second-quarter earnings. The network application delivery specialist beat expectations and offered strong guidance for the next quarter.

Revenue in fiscal Q2 increased 7% to $583.4 million, topping the consensus estimate of $564 million. That led to adjusted net income of $135.9 million, or $2.23 per share, easily beating the $1.99 per share in adjusted profits that analysts were modeling for.

Image source: F5 Networks.

Source Fool.com

Like: 0

FFIV

Share