Shares of F5 Networks (NASDAQ:FFIV) rose 1.63% in after-market trading after the company reported Q3 results.
Earnings per share fell 13.49% year over year to $2.18, which beat the estimate of $2.03.
Revenue of $583,252,000 rose by 3.52% year over year, which beat the estimate of $571,940,000.
Q4 EPS expected to be between $2.30 and $2.42.
Q4 revenue expected to be between $595,000,000 and $615,000,000.
Conference Call Details
Date: Jul 27, 2020
Time: 04:30 PM
ET Webcast URL: https://investors.f5.com/home/default.aspx
52-week high: $156.36
52-week low: $79.78
Price action over last quarter: Up 7.37%
F5 Networks is a market leader in the application delivery controller market. The company sells products for networking traffic, security, and policy management. Its products ensure applications are safely routed in efficient manners within on-premises data centers and across cloud environments. More than half of its revenue is based on providing services, and its three customer verticals are enterprises, service providers, and government entities. The Seattle-based firm was incorporated in 1996 and generates sales globally.
See more from Benzinga
- Earnings Scheduled For July 27, 2020
- Benzinga's Top Upgrades, Downgrades For July 24, 2020
- Stocks That Hit 52-Week Highs On Tuesday
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.