F5 Networks (FFIV) came out with quarterly earnings of $3.43 per share, beating the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.47 per share a year ago.

Cloud and security services firm F5 forecast second-quarter revenue above Wall Street estimates on Monday, anticipating steady demand for its cloud services, sending its shares up more than 8% in a...

Though soft IT spending amid the current macroeconomic uncertainty is expected to have weighed on F5's (FFIV) Q1 top line, cost-saving initiatives are anticipated to have boosted the bottom line.

F5 (FFIV) rises 21.2% after fourth-quarter fiscal 2023 earnings release, driven by investors' confidence in its strong financials and strategic position in the application networking market.

F5 beat sales and earnings expectations in the fourth quarter. The company also guided for solid earnings growth in its next fiscal year even though the business is facing pressures.

F5, Inc. (NASDAQ:FFIV ) Q4 2023 Earnings Conference Call October 24, 2023 4:30 PM ET Company Participants Suzanne DuLong - Vice President, Investor Relations Francois Locoh-Donou - President and Ch...

F5 Networks (FFIV) came out with quarterly earnings of $3.50 per share, beating the Zacks Consensus Estimate of $3.22 per share. This compares to earnings of $2.62 per share a year ago.

Yet, the company is set to announce its fiscal fourth-quarter earnings on Tuesday, October 24th shortly after the market closes.

Though soft IT spending amid the current macroeconomic uncertainty is likely to have weighed on F5's (FFIV) Q4 top-line growth, cost-saving initiatives are anticipated to have boosted the bottom line.

Although these companies are from different sectors, we compare them because they have a similar market capitalization of $9 billion - $10 billion.

F5 (FFIV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).