Network application delivery and security specialist F5 (NASDAQ:FFIV) reported Q3 CY2024 results beating Wall Street’s revenue expectations , with sales up 5.6% year on year to $746.7 million. Guidance for next quarter’s revenue was also better than expected at $715 million at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $3.67 per share was also 6.4% above analysts’ consensus estimates.
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F5 (FFIV) Q3 CY2024 Highlights:
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Revenue: $746.7 million vs analyst estimates of $730.6 million (2.2% beat)
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Adjusted EPS: $3.67 vs analyst estimates of $3.45 (6.4% beat)
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EBITDA: $257,000 vs analyst estimates of $281.1 million (99.9% miss)
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Revenue Guidance for Q4 CY2024 is $715 million at the midpoint, above analyst estimates of $706 million
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Adjusted EPS guidance for Q4 CY2024 is $3.35 at the midpoint, roughly…
