F5, Inc. (NASDAQ: FFIV), a multi-cloud application services and security company, on Wednesday announced financial results for the second quarter of 2023.
- Second-quarter GAAP net income was $81 million or $1.34 per share, compared to $56 million or $0.92 per share last year
- Revenue grew 11% to $703 million from $634 million in the second quarter of 2022
- Non-GAAP net income was $154 million or $2.53 per share, compared to $131 million or $2.13 per share last year
- For the third quarter of fiscal 2023, F5 expects to deliver revenue in the range of $690 million to $710 million
- Third-quarter non-GAAP earnings are expected to be in the range of $2.78 per share to $2.90 per share
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Richtech’s mission is to transform the service industry through collaborative robotic solutions: President
Richtech Robotics Inc. (NASDAQ: RR) is a leading provider of robotic solutions, developing, manufacturing, and deploying novel products needed for automation in the service industry. The company's solutions include delivery,
What to expect when Darden Restaurants reports Q1 results
Darden Restaurants, Inc. (NYSE: DRI) is scheduled to release its first-quarter report on September 19, with analysts forecasting a year-over-year increase in sales and profit. The market will be keeping a
Oracle (ORCL) sees continued strong revenue growth in FY25
Oracle Corporation (NYSE: ORCL) started the new fiscal year on a high note with stronger-than-expected first-quarter results, driving the stock higher soon after the announcement. The tech giant’s earnings and