Welcome to our dedicated page for F5 news (Ticker: FFIV), a resource for investors and traders seeking the latest updates and insights on F5 stock.
F5 Inc. (FFIV) delivers essential application security and multi-cloud management solutions for enterprise digital infrastructure. This news hub provides investors and technology professionals with centralized access to official announcements and strategic developments from the network security pioneer.
Track verified updates including earnings disclosures, product innovations, cybersecurity initiatives, and leadership changes. Our curated feed ensures timely access to material events affecting F5's market position in application delivery controllers and cloud-native security solutions.
Key content categories include quarterly financial results, partnership announcements, technology certifications, and security threat response updates. Bookmark this page for efficient monitoring of F5's advancements in web application firewalls, API security, and adaptive cloud services.
F5, Inc. (NASDAQ: FFIV) reported an 11% revenue growth in Q2 FY2023, achieving $703 million compared to $634 million in Q2 FY2022. Strong systems shipments and services performance drove this growth, despite ongoing macroeconomic uncertainties affecting customer spending. GAAP net income reached $81 million ($1.34 per diluted share), up from $56 million ($0.92 per diluted share) year-over-year. Non-GAAP net income also increased to $154 million ($2.53 per diluted share), compared to $131 million ($2.13 per diluted share) in the previous year. Looking ahead, F5 anticipates low-to-mid single-digit revenue growth for FY2023, with Q3 revenues expected between $690 million and $710 million. The company plans to repurchase $250 million worth of shares and is reducing its workforce by approximately 620 employees to save about $130 million annually.
F5, Inc. (NASDAQ: FFIV) is set to announce its Q2 fiscal year 2023 financial results on April 19, 2023, after the market closes. Following the announcement, the company will host a live webcast at 5:00 p.m. ET on the same day to discuss the results with investors and analysts. A recorded version of the webcast will be available on its website. Interested parties can also access the audio-only version by phone. The company specializes in multi-cloud application services and security, aiming to enhance digital experiences while safeguarding against threats.
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