Categories Earnings, Technology

Earnings: A snapshot of F5’s (FFIV) Q2 2023 financial report

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


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