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.
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.
Aurora Cannabis, Inc. (NYSE: ACB) reported a wider loss for the fourth quarter of 2020, hurt by a 5% decrease in revenues. The company’s stock fell sharply during Tuesday’s after-hours
Stitch Fix (NASDAQ: SFIX) reported fourth-quarter 2020 financial results after the closing bell on Tuesday. The company reported an 11% increase in Q4 revenues to $443.4 million, beating Wall Street
Nike Inc.'s (NYSE: NKE) profit and revenue in the first quarter of fiscal 2021 surpassed the market's estimates and sent the NKE stock up by about 7% in the extended