F5 Networks (NASDAQ: FFIV) reported financial results for its first quarter of 2021.
The company reported revenue of $625 million showing a growth of 10% compared to the previous year.
GAAP net income was recorded at $88 million, compared to the fiscal year 2019 of $99 million.
GAAP earnings per share decreased to $1.41 from $1.62 and non-GAAP earnings per share reported at $2.59 compared to the analyst’s estimate of $2.46.
FFIV stock rose about 1% in the after-market session on Monday.
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