Categories AlphaGraphs, Earnings, Technology

F5 Networks (FFIV): Q3 results beat estimates amid increased digital transformation

F5 Networks (NASDAQ: FFIV) reported upbeat results for its third quarter of 2020 due to the spurred demand for digitization. The company reported non-GAAP EPS of $2.18, which bettered the market’s estimated earnings of $2.03 per share. Non-GAAP revenue of $586 million surpassed the analysts’ view of $572.44 million.

FFIV stock rose about 1% in the after-market session.

F5 Networks (FFIV) Q3 2020 Earnings Infograph

For the fourth quarter of 2020 ending September 30, 2020, F5 expects to deliver both GAAP and non-GAAP revenue in the range of $595 million to $615 million with non-GAAP earnings in the range of $2.30 to $2.42 per share.

Looking forward to listening to management/ analysts comments on quarterly results? Stay tuned here for F5 Networks Q3 2020 earnings call transcript

Most Popular

Key highlights from Autodesk (ADSK) Q4 2021 earnings results

Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per

Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%

Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus

Virgin Galactic stock tanks on delayed test flight

Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000

Add Comment
Viewing Highlight