Categories Earnings, Technology

F5 Networks Inc. (FFIV): Q1 2020 Earnings Snapshot

— F5 Networks Inc. (NASDAQ: FFIV) reported Q1 2020 earnings of $2.55 per share, vs. $2.43 expected.

— Revenues grew 5% to $569.3 million, vs. $565.9 million expected.

F5 Networks reports Q1 2020 earnings results

— Q2 2020 adjusted revenue is expected to be $580-590 million.

— Q2 2020 adjusted EPS is expected to be $2.14-2.17.  

— FFIV shares fell 3% immediately following the announcement.

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