Categories Earnings, Technology

F5 Networks (FFIV) Q4 2019 Earnings Snapshot

— F5 Networks, Inc. (NASDAQ: FFIV) reported fourth quarter 2019 non-GAAP earnings of $2.59 per share vs. $2.55 expected.

— GAAP earnings per share of $1.57 vs. $2.18 in the prior-year quarter.

— Revenue grew 5% to $590.4 million vs. $582.39 million expected.

— Software solutions revenue surged 91% in the final quarter of 2019.

— For the first quarter of fiscal year 2020, F5 Networks expects non-GAAP earnings in the range of $2.41 to $2.44 per share and revenue in the range of $560 million to $570 million.

— FFIV stock rallied about 9% in the extended-trading session immediately after the earnings announcement.

F5 Networks Q4 2019 earnings results

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