Benzinga | Oct 26, 2020 04:23PM EDT

F5 Networks: Q4 Earnings Insights

Shares of F5 Networks (NASDAQ:FFIV) increased 2.5% after the company reported Q4 results.

Quarterly Results

Earnings per share fell 6.18% over the past year to $2.43, which beat the estimate of $2.37.

Revenue of $614,816,000 higher by 4.14% year over year, which beat the estimate of $606,290,000.

Looking Ahead

F5 Sees Q1 Adj. EPS $2.26-$2.38 vs $2.28 Estimate, Sales $595M-$615M vs $592.8M Est.

Conference Call Details

Date: Oct 26, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.f5.com%2F&eventid=2625688&sessionid=1&key=9B4DC659293AD8C7F10350D96438CDEC&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $156.36

52-week low: $79.78

Price action over last quarter: down 8.91%

Company Profile

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.