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F5: Fiscal Q3 Earnings Snapshot
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SEATTLE (AP) — SEATTLE (AP) — F5 Networks Inc. (FFIV) on Monday reported fiscal third-quarter earnings of $208.2 million.

On a per-share basis, the Seattle-based company said it had net income of $3.62. Earnings, adjusted for one-time gains and costs, were $4.73 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.98 per share.

The computer networking company posted revenue of $865.1 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $832.1 million.

For the current quarter ending in September, F5 expects its per-share earnings to range from $4.14 to $4.26.

The company said it expects revenue in the range of $870 million to $890 million for the fiscal fourth quarter.

F5 expects full-year earnings in the range of $17.21 to $17.33 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFIV at https://www.zacks.com/ap/FFIV

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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